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

Shares of Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) have been given a consensus rating of "Hold" by the sixteen research firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $91.19.

A number of research firms have commented on FND. Gordon Haskett lowered Floor & Decor from a "buy" rating to a "hold" rating in a research report on Friday, April 4th. Wells Fargo & Company cut their target price on Floor & Decor from $80.00 to $75.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. Mizuho dropped their price target on Floor & Decor from $100.00 to $80.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. Robert W. Baird dropped their price target on Floor & Decor from $125.00 to $100.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 price target on shares of Floor & Decor in a research note on Monday, April 28th.

Floor & Decor Price Performance

FND stock traded up $1.52 during midday trading on Monday, reaching $80.05. 1,567,819 shares of the stock were exchanged, compared to its average volume of 1,817,272. The stock has a market capitalization of $8.61 billion, a PE ratio of 42.35, a P/E/G ratio of 2.44 and a beta of 1.70. Floor & Decor has a 52 week low of $66.01 and a 52 week high of $124.68. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.22 and a quick ratio of 0.27. The company has a fifty day moving average price of $76.95 and a 200 day moving average price of $84.07.

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 for the quarter, hitting analysts' consensus estimates of $0.45. Floor & Decor had a return on equity of 9.32% and a net margin of 4.53%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the previous year, the company posted $0.46 EPS. Floor & Decor's quarterly revenue was up 5.8% compared to the same quarter last year. As a group, analysts expect that Floor & Decor will post 2 EPS for the current fiscal year.

Institutional Trading of Floor & Decor

A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisory Research Inc. increased its position in shares of Floor & Decor by 0.7% during the fourth quarter. Advisory Research Inc. now owns 17,271 shares of the company's stock valued at $1,722,000 after acquiring an additional 115 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Floor & Decor by 3.6% during the fourth quarter. Corient Private Wealth LLC now owns 3,416 shares of the company's stock valued at $341,000 after acquiring an additional 120 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of Floor & Decor by 1.9% during the fourth quarter. Teacher Retirement System of Texas now owns 6,540 shares of the company's stock valued at $652,000 after acquiring an additional 122 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Floor & Decor by 5.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 2,639 shares of the company's stock valued at $200,000 after acquiring an additional 139 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Floor & Decor by 42.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 514 shares of the company's stock valued at $41,000 after acquiring an additional 152 shares during the last quarter.

Floor & Decor Company Profile

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.