Analysts Set Floor & Decor Holdings, Inc. (NYSE:FND) PT at $93.56

Shares of Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) have received an average rating of "Hold" from the eighteen analysts that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $93.56.

FND has been the subject of a number of analyst reports. Stifel Nicolaus cut their price target on Floor & Decor from $110.00 to $92.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Wall Street Zen raised Floor & Decor from a "sell" rating to a "hold" rating in a research report on Saturday, June 7th. Mizuho cut their price objective on shares of Floor & Decor from $100.00 to $80.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Robert W. Baird cut their price objective on shares of Floor & Decor from $125.00 to $100.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Finally, Evercore ISI cut their price objective on shares of Floor & Decor from $95.00 to $90.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st.

Floor & Decor Stock Up 2.6%

NYSE FND traded up $1.95 during mid-day trading on Thursday, hitting $75.75. The company's stock had a trading volume of 1,854,269 shares, compared to its average volume of 1,861,259. The firm has a market capitalization of $8.15 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 2.35 and a beta of 1.72. The company's 50 day simple moving average is $73.85 and its 200 day simple moving average is $87.17. Floor & Decor has a twelve month low of $66.01 and a twelve month high of $124.68. The company has a current ratio of 1.22, a quick ratio of 0.27 and a debt-to-equity ratio of 0.09.

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. The firm had revenue of $1.16 billion during the quarter, compared to analysts' expectations of $1.16 billion. Floor & Decor had a net margin of 4.53% and a return on equity of 9.32%. The business's revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Analysts anticipate that Floor & Decor will post 2 earnings per share for the current year.

Hedge Funds Weigh In On Floor & Decor

Several institutional investors have recently bought and sold shares of the company. eCIO Inc. purchased a new position in Floor & Decor in the first quarter valued at approximately $62,000. Inspire Investing LLC purchased a new position in shares of Floor & Decor during the 1st quarter valued at $2,095,000. Focus Partners Wealth lifted its position in shares of Floor & Decor by 3.0% during the 1st quarter. Focus Partners Wealth now owns 24,458 shares of the company's stock valued at $1,968,000 after buying an additional 710 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Floor & Decor by 9.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company's stock valued at $27,346,000 after buying an additional 30,195 shares during the last quarter. Finally, Vancity Investment Management Ltd purchased a new position in shares of Floor & Decor during the 1st quarter valued at $400,000.

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.