Floor & Decor (NYSE:FND) Price Target Lowered to $60.00 at Citigroup

Key Points

• Citigroup cut its price target on Floor & Decor from $75.00 to $60.00 and kept a "neutral" rating, with the new target implying roughly a 14% upside from the current price.
• Analysts' consensus remains a Hold with a consensus target of $74.11 (six Buys, thirteen Holds, two Sells), while individual banks have issued mixed target adjustments in recent reports.
• FND traded at about $52.61 (down $1.99) and sits well below its 50‑day and 200‑day moving averages ($58.51 and $63.52); the company reported Q earnings of $0.36 (vs. $0.35 est.) and set FY2026 guidance of $1.98–$2.18 in EPS (analysts expect $2.09).

Floor & Decor (NYSE:FND - Get Free Report) had its price objective dropped by analysts at Citigroup from $75.00 to $60.00 in a report released on Tuesday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Citigroup's price objective would indicate a potential upside of 14.06% from the company's current price.

A number of other analysts also recently commented on FND. Barclays boosted their price objective on shares of Floor & Decor from $70.00 to $77.00 and gave the stock an "equal weight" rating in a report on Friday, February 20th. The Goldman Sachs Group reissued a "neutral" rating and set a $64.00 price objective on shares of Floor & Decor in a report on Friday, February 20th. JPMorgan Chase & Co. cut their target price on shares of Floor & Decor from $85.00 to $78.00 and set a "neutral" rating for the company in a research report on Friday, February 20th. Telsey Advisory Group restated an "outperform" rating and set a $80.00 target price on shares of Floor & Decor in a research report on Friday, February 20th. Finally, Zelman & Associates cut their target price on shares of Floor & Decor from $80.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Floor & Decor presently has a consensus rating of "Hold" and a consensus target price of $74.11.

Floor & Decor Price Performance

FND stock traded down $1.99 during trading on Tuesday, reaching $52.61. 1,010,860 shares of the company were exchanged, compared to its average volume of 2,707,056. The company has a market cap of $5.68 billion, a P/E ratio of 27.44 and a beta of 1.82. Floor & Decor has a 52-week low of $46.47 and a 52-week high of $92.40. The stock's 50 day moving average price is $58.51 and its 200 day moving average price is $63.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, analysts predict that Floor & Decor will post 2.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Floor & Decor

A number of institutional investors have recently modified their holdings of FND. Northwestern Mutual Wealth Management Co. raised its position in shares of Floor & Decor by 1,060,525.1% in the fourth 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 last quarter. Principal Financial Group Inc. raised its position in shares of Floor & Decor by 46.0% in the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company's stock valued at $471,567,000 after buying an additional 2,015,999 shares during the last quarter. Capital World Investors raised its position in shares of Floor & Decor by 37.2% in the third quarter. Capital World Investors now owns 6,914,316 shares of the company's stock valued at $509,589,000 after buying an additional 1,872,892 shares during the last quarter. Champlain Investment Partners LLC acquired a new position in shares of Floor & Decor in the fourth quarter valued at approximately $108,060,000. Finally, Durable Capital Partners LP acquired a new position in shares of Floor & Decor in the second quarter valued at approximately $106,221,000.

Floor & Decor Company Profile

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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