Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction dated 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 directly owned 71,676 shares in the company, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Floor & Decor Stock Down 4.6%
NYSE:FND traded down $2.30 on Monday, hitting $48.27. The stock had a trading volume of 3,359,490 shares, compared to its average volume of 2,761,215. The company has a fifty day moving average price of $55.44 and a two-hundred day moving average price of $62.39. Floor & Decor Holdings, Inc. has a 1-year low of $46.47 and a 1-year high of $92.40. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 26.23, a PEG ratio of 3.19 and a beta of 1.63.
Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the previous year, the firm posted $0.46 EPS. The firm's quarterly revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, analysts anticipate that Floor & Decor Holdings, Inc. will post 1.98 earnings per share for the current year.
Hedge Funds Weigh In On Floor & Decor
Several institutional investors have recently modified their holdings of FND. Northwestern Mutual Wealth Management Co. grew its stake in shares of Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company's stock worth $236,368,000 after purchasing an additional 3,881,522 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Floor & Decor by 46.0% during the 3rd quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company's stock worth $471,567,000 after acquiring an additional 2,015,999 shares in the last quarter. Capital World Investors boosted its position in shares of Floor & Decor by 37.2% during the 3rd quarter. Capital World Investors now owns 6,914,316 shares of the company's stock worth $509,589,000 after acquiring an additional 1,872,892 shares in the last quarter. Champlain Investment Partners LLC acquired a new position in shares of Floor & Decor during the 4th quarter worth about $108,060,000. Finally, Durable Capital Partners LP purchased a new position in shares of Floor & Decor in the 2nd quarter valued at about $106,221,000.
Analysts Set New Price Targets
Several brokerages have commented on FND. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research report on Friday. Citigroup dropped their price target on shares of Floor & Decor from $60.00 to $52.00 and set a "neutral" rating for the company in a research note on Friday. Zelman & Associates dropped their price target on shares of Floor & Decor from $80.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday, April 17th. Telsey Advisory Group dropped their price target on shares of Floor & Decor from $80.00 to $61.00 and set an "outperform" rating for the company in a research note on Friday. Finally, Morgan Stanley restated a "positive" rating and issued a $56.00 price target on shares of Floor & Decor in a research note on Friday. Five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $60.74.
Check Out Our Latest Stock Report on FND
About Floor & Decor
(
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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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