Floor & Decor (NYSE:FND) Cut to "Strong Sell" at Zacks Research

Key Points

• Zacks Research downgraded Floor & Decor (FND) to "Strong Sell", and several other firms have trimmed price targets — the street consensus remains a "Hold" with an average price target of $59.94.
• FND missed Q1 estimates (EPS $0.37 vs. $0.42; revenue $1.15B vs. $1.19B), issued FY2026 guidance of 1.83–2.08 EPS, and the stock is trading near its 52-week low.

Floor & Decor (NYSE:FND - Get Free Report) was downgraded by stock analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a report issued on Wednesday,Zacks.com reports.

FND has been the subject of several other research reports. Wells Fargo & Company lowered their target price on shares of Floor & Decor from $70.00 to $50.00 and set an "equal weight" rating for the company in a report on Friday, May 1st. Evercore set a $51.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Barclays reduced their price target on shares of Floor & Decor from $77.00 to $63.00 and set an "equal weight" rating for the company in a research report on Friday, April 24th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Floor & Decor in a report on Monday, April 27th. Finally, Guggenheim cut their target price on Floor & Decor from $90.00 to $65.00 and set a "buy" rating on the stock in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $59.94.

Floor & Decor Stock Performance

Shares of NYSE FND opened at $51.51 on Wednesday. The stock's 50-day simple moving average is $54.32 and its 200-day simple moving average is $61.95. The firm has a market capitalization of $5.56 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 4.39 and a beta of 1.63. Floor & Decor has a fifty-two week low of $46.47 and a fifty-two week high of $92.40.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The business's revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, sell-side analysts forecast that Floor & Decor will post 1.92 earnings per share for the current fiscal year.

Insider Activity at Floor & Decor

In other news, CFO Bryan Langley acquired 2,500 shares of the company's stock in a transaction on Monday, May 4th. The shares were bought at an average cost of $48.69 per share, with a total value of $121,725.00. Following the purchase, the chief financial officer owned 42,016 shares of the company's stock, valued at $2,045,759.04. This represents a 6.33% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ersan Sayman sold 15,200 shares of the company's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $48.28, for a total transaction of $733,856.00. Following the transaction, the executive vice president owned 71,676 shares of the company's stock, valued at approximately $3,460,517.28. The trade was a 17.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FND. Capital World Investors boosted its holdings in Floor & Decor by 8.1% in the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company's stock valued at $454,975,000 after purchasing an additional 557,728 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Floor & Decor by 6.5% during the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company's stock worth $347,354,000 after buying an additional 416,572 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Floor & Decor by 10.4% in the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company's stock valued at $311,764,000 after buying an additional 484,243 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings 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 buying an additional 3,881,522 shares during the period. Finally, State Street Corp lifted its holdings in shares of Floor & Decor by 1.1% in the 2nd quarter. State Street Corp now owns 3,811,571 shares of the company's stock valued at $289,527,000 after buying an additional 42,636 shares during the period.

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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