Floor & Decor Holdings, Inc. (NYSE:FND) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Floor & Decor, with 13 hold, five buy and two sell ratings. The average 12-month price target is $59.16.
• Shares opened at $46.96, below their 50-day and 200-day moving averages, after trading between $42.64 and $77.46 over the past year. The company modestly exceeded quarterly expectations, reporting $0.58 EPS and $1.25 billion in revenue.
• Insider Thomas V. Taylor sold 218,189 shares for approximately $13.6 million, reducing his ownership by 48.7%; insiders collectively own 1.8% of the company.

Shares of Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) have received a consensus rating of "Hold" from the twenty analysts that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $59.16.

A number of brokerages recently weighed in on FND. Wolfe Research reaffirmed an "underperform" rating and set a $41.00 price objective on shares of Floor & Decor in a research report on Tuesday, July 21st. The Goldman Sachs Group set a $53.00 target price on shares of Floor & Decor in a report on Saturday, August 1st. Robert W. Baird set a $67.00 target price on Floor & Decor in a research note on Friday, July 31st. TD Cowen reaffirmed a "hold" rating on shares of Floor & Decor in a report on Monday, August 3rd. Finally, Zacks Research upgraded Floor & Decor from a "strong sell" rating to a "hold" rating in a research report on Friday, July 3rd.

Floor & Decor Trading Up 0.9%

NYSE FND opened at $46.96 on Wednesday. The company's fifty day simple moving average is $52.01 and its 200-day simple moving average is $51.91. Floor & Decor has a 52 week low of $42.64 and a 52 week high of $77.46. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08. The stock has a market cap of $5.00 billion, a P/E ratio of 21.84, a PEG ratio of 3.77 and a beta of 1.60.

Floor & Decor (NYSE:FND - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The company's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities research analysts predict that Floor & Decor will post 1.99 EPS for the current fiscal year.

Insider Activity at Floor & Decor

In other news, insider Thomas V. Taylor sold 218,189 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider directly owned 229,820 shares of the company's stock, valued at approximately $14,317,786. This trade represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.80% of the company's stock.

Institutional Trading of Floor & Decor

Institutional investors have recently modified their holdings of the company. Summit Securities Group LLC bought a new stake in Floor & Decor during the first quarter worth approximately $31,000. Versant Capital Management Inc increased its holdings in shares of Floor & Decor by 3,263.2% in the third quarter. Versant Capital Management Inc now owns 639 shares of the company's stock valued at $29,000 after buying an additional 620 shares in the last quarter. Leonteq Securities AG increased its holdings in shares of Floor & Decor by 320.7% in the first quarter. Leonteq Securities AG now owns 1,077 shares of the company's stock valued at $55,000 after buying an additional 821 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of Floor & Decor during the 2nd quarter valued at $68,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Floor & Decor by 20.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,703 shares of the company's stock valued at $78,000 after acquiring an additional 286 shares during the last quarter.

About Floor & Decor

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company sells tile, natural stone, wood, laminate and luxury vinyl flooring, along with installation materials, tools, accessories and decorative products for residential and commercial projects.

Floor & Decor operates warehouse-format stores and an e-commerce platform serving do-it-yourself customers, professional contractors, designers and commercial clients. Its stores generally offer a broad selection of in-stock flooring products, design services, installation supplies and related project resources.

Founded in 2000 and headquartered in Atlanta, Georgia, the company serves customers across the United States.

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