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

Key Points

• Analysts have a consensus “Hold” rating on Floor & Decor, with 12 holds, five buys and three sells among 20 firms. The average 12-month price target is $59.42, only modestly above the reported $56.67 share price.
• Floor & Decor exceeded quarterly expectations, reporting $0.58 in EPS versus $0.56 expected and $1.25 billion in revenue versus $1.23 billion expected; revenue increased 3% year over year.
• Insider Thomas V. Taylor sold 218,189 shares for approximately $13.6 million, reducing his direct stake by 48.7%, while several institutional investors increased or initiated positions in the company.

Shares of Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) have earned a consensus recommendation of "Hold" from the twenty ratings firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $59.4211.

Several equities research analysts have issued reports on FND shares. Evercore set a $60.00 price target on shares of Floor & Decor in a research note on Tuesday, July 7th. Wolfe Research restated an "underperform" rating and issued a $41.00 price target on shares of Floor & Decor in a report on Tuesday, July 21st. Barclays dropped their price objective on shares of Floor & Decor from $77.00 to $63.00 and set an "equal weight" rating for the company in a research note on Friday, April 24th. TD Cowen reiterated a "hold" rating on shares of Floor & Decor in a report on Monday, August 3rd. Finally, Piper Sandler raised their target price on shares of Floor & Decor from $70.00 to $72.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st.

Insider Buying and Selling at Floor & Decor

In related news, insider Thomas V. Taylor sold 218,189 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $62.30, for a total value 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.80% of the company's stock.

Institutional Investors Weigh In On Floor & Decor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Floor & Decor by 1,060,525.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company's stock valued at $236,368,000 after purchasing an additional 3,881,522 shares in the last quarter. Champlain Investment Partners LLC purchased a new position in Floor & Decor in the fourth quarter valued at approximately $108,060,000. Durable Capital Partners LP acquired a new position in Floor & Decor during the second quarter valued at approximately $106,221,000. Madison Asset Management LLC acquired a new position in Floor & Decor during the second quarter valued at approximately $78,941,000. Finally, FIL Ltd grew its stake in Floor & Decor by 193.9% during the fourth quarter. FIL Ltd now owns 1,836,696 shares of the company's stock worth $111,836,000 after buying an additional 1,211,731 shares during the period.

Floor & Decor Stock Down 3.2%

Shares of NYSE FND opened at $56.67 on Tuesday. The firm's 50-day moving average is $56.17 and its two-hundred day moving average is $56.02. The company has a market capitalization of $6.03 billion, a PE ratio of 26.36, a price-to-earnings-growth ratio of 4.75 and a beta of 1.57. Floor & Decor has a 12-month low of $42.64 and a 12-month high of $92.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45.

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

About Floor & Decor

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.

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