Telsey Advisory Group Reiterates "Outperform" Rating for Floor & Decor (NYSE:FND)

Key Points

• Floor & Decor's stock has an "outperform" rating restated by Telsey Advisory Group, with a price target of $92.00, suggesting a potential upside of 17.48% from its current price.
• Recent research reports show a mix of ratings, with three analysts issuing a sell rating, nine a hold rating, and five a buy rating, maintaining a consensus target of $88.56.
• The company's recent earnings report showed a revenue increase of 7.2% year-over-year, with earnings per share of $0.58, slightly exceeding analyst estimates.

Telsey Advisory Group restated their outperform rating on shares of Floor & Decor (NYSE:FND - Free Report) in a report issued on Tuesday morning,Benzinga reports. Telsey Advisory Group currently has a $92.00 target price on the stock. Telsey Advisory Group also issued estimates for Floor & Decor's Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.85 EPS, Q1 2026 earnings at $0.55 EPS, Q2 2026 earnings at $0.67 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.46 EPS and FY2026 earnings at $2.27 EPS.

FND has been the subject of several other research reports. Wells Fargo & Company dropped their target price on Floor & Decor from $80.00 to $75.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Piper Sandler decreased their price target on shares of Floor & Decor from $80.00 to $78.00 and set a "neutral" rating for the company in a research note on Friday, August 1st. Evercore ISI decreased their price target on shares of Floor & Decor from $85.00 to $80.00 and set an "in-line" rating for the company in a research note on Tuesday, June 24th. Morgan Stanley decreased their price target on shares of Floor & Decor from $105.00 to $97.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Finally, Guggenheim reduced their price objective on shares of Floor & Decor from $100.00 to $90.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Three analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Floor & Decor has an average rating of "Hold" and an average target price of $88.56.

Floor & Decor Stock Performance

Floor & Decor stock traded up $1.03 during trading on Tuesday, reaching $83.41. The company had a trading volume of 1,442,442 shares, compared to its average volume of 1,999,037. Floor & Decor has a 52 week low of $66.01 and a 52 week high of $124.68. The firm's 50-day simple moving average is $79.03 and its 200 day simple moving average is $81.34. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 42.77, a price-to-earnings-growth ratio of 3.53 and a beta of 1.68. The company has a current ratio of 1.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.08.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The business had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.21 billion. Floor & Decor had a return on equity of 9.36% and a net margin of 4.59%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. Sell-side analysts forecast that Floor & Decor will post 2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Floor & Decor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FND. LPL Financial LLC increased its stake in Floor & Decor by 62.4% during the 4th quarter. LPL Financial LLC now owns 19,968 shares of the company's stock worth $1,991,000 after buying an additional 7,670 shares during the period. Bank of Montreal Can grew its holdings in Floor & Decor by 17.0% during the 4th quarter. Bank of Montreal Can now owns 16,655 shares of the company's stock worth $1,661,000 after acquiring an additional 2,421 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Floor & Decor during the 4th quarter worth $1,236,000. Treasurer of the State of North Carolina grew its holdings in Floor & Decor by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 46,160 shares of the company's stock worth $4,602,000 after acquiring an additional 290 shares in the last quarter. Finally, Sterling Capital Management LLC grew its holdings in Floor & Decor by 9.3% during the 4th quarter. Sterling Capital Management LLC now owns 16,033 shares of the company's stock worth $1,598,000 after acquiring an additional 1,365 shares in 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.