Floor & Decor (NYSE:FND) Issues FY 2025 Earnings Guidance

Key Points

• Floor & Decor has updated its FY 2025 earnings guidance, projecting EPS between $1.750 and $2.000, slightly below the consensus estimate of $1.798.
• The company forecasted revenue for FY 2025 to be between $4.7 billion and $4.8 billion, aligning with the consensus estimate of $4.7 billion.
• Recent reports from research firms have led to significant price target cuts for Floor & Decor, with Piper Sandler reducing its target from $90 to $80, and Goldman Sachs lowering it from $81 to $70.

Floor & Decor (NYSE:FND - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.750-2.000 for the period, compared to the consensus EPS estimate of 1.798. The company issued revenue guidance of $4.7 billion-$4.8 billion, compared to the consensus revenue estimate of $4.7 billion.

Analysts Set New Price Targets

A number of research firms recently issued reports on FND. Piper Sandler lowered their target price on shares of Floor & Decor from $90.00 to $80.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. The Goldman Sachs Group cut their price target on shares of Floor & Decor from $81.00 to $70.00 and set a "sell" rating on the stock in a report on Friday, May 2nd. Mizuho dropped their target price 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. Guggenheim dropped their price objective on shares of Floor & Decor from $115.00 to $100.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company decreased their target price on shares of Floor & Decor from $80.00 to $75.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Floor & Decor has a consensus rating of "Hold" and an average target price of $89.33.

Floor & Decor Price Performance

Shares of NYSE:FND traded down $1.69 on Thursday, hitting $76.65. The stock had a trading volume of 2,278,967 shares, compared to its average volume of 2,062,310. Floor & Decor has a twelve month low of $66.01 and a twelve month high of $124.68. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.27 and a current ratio of 1.22. The firm's 50 day moving average price is $77.00 and its 200-day moving average price is $82.96. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 40.56, a price-to-earnings-growth ratio of 2.45 and a beta of 1.70.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. Floor & Decor had a return on equity of 9.32% and a net margin of 4.53%. On average, equities research analysts predict that Floor & Decor will post 2 earnings per share for the current year.

Hedge Funds Weigh In On Floor & Decor

An institutional investor recently raised its position in Floor & Decor stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 9.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 339,833 shares of the company's stock after acquiring an additional 30,195 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.32% of Floor & Decor worth $27,346,000 at the end of the most recent reporting period.

About Floor & Decor

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.

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