Floor & Decor Holdings, Inc. (NYSE:FND) Given Consensus Rating of "Hold" by Brokerages

Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) has earned an average recommendation of "Hold" from the eighteen analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $93.56.

A number of analysts have recently weighed in on FND shares. Loop Capital lowered their price objective on Floor & Decor from $95.00 to $75.00 and set a "hold" rating for the company in a research report on Tuesday, May 6th. Robert W. Baird lowered their price objective on Floor & Decor from $125.00 to $100.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Barclays lowered their price objective on Floor & Decor from $91.00 to $78.00 and set an "equal weight" rating for the company in a research report on Friday, May 2nd. Wells Fargo & Company dropped their price target on Floor & Decor from $80.00 to $75.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. Finally, Stifel Nicolaus cut their price objective on Floor & Decor from $110.00 to $92.00 and set a "buy" rating on the stock in a report on Friday, May 2nd.

Hedge Funds Weigh In On Floor & Decor

A number of large investors have recently bought and sold shares of the business. Huntington National Bank raised its holdings in shares of Floor & Decor by 120.5% during the fourth quarter. Huntington National Bank now owns 344 shares of the company's stock valued at $34,000 after buying an additional 188 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Floor & Decor during the fourth quarter valued at approximately $35,000. Northwestern Mutual Wealth Management Co. raised its holdings in Floor & Decor by 42.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 514 shares of the company's stock worth $41,000 after purchasing an additional 152 shares in the last quarter. Blue Trust Inc. raised its holdings in Floor & Decor by 59.9% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the company's stock worth $44,000 after purchasing an additional 166 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in Floor & Decor during the first quarter worth approximately $47,000.

Floor & Decor Price Performance

Shares of Floor & Decor stock traded down $0.34 during trading hours on Friday, hitting $72.97. The company's stock had a trading volume of 1,755,276 shares, compared to its average volume of 1,811,771. The business has a 50 day moving average price of $75.61 and a two-hundred day moving average price of $91.75. Floor & Decor has a 12-month low of $66.01 and a 12-month high of $126.24. The company has a market cap of $7.85 billion, a PE ratio of 38.41, a PEG ratio of 19.06 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16.

Floor & Decor (NYSE:FND - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.45 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.45. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the business posted $0.46 earnings per share. The company's quarterly revenue was up 5.8% compared to the same quarter last year. Analysts expect that Floor & Decor will post 2 earnings per share for the current fiscal year.

About Floor & Decor

Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.