JPMorgan Chase & Co. Issues Pessimistic Forecast for Floor & Decor (NYSE:FND) Stock Price

Key Points

• JPMorgan cut its price target on Floor & Decor from $78 to $48 and maintained a "neutral" rating, signaling about a 6.6% downside from the prior close.
• Other brokers have also trimmed targets — notably Bank of America downgraded to "underperform" with a $45 target — and the consensus across analysts is a Hold with an average price target near $71.79.
• Shares traded around $51.39 on Friday; the company posted Q4 EPS of $0.36, provided FY2026 guidance of $1.98–$2.18 EPS, and has a market cap of about $5.5B.

Floor & Decor (NYSE:FND - Get Free Report) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from $78.00 to $48.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential downside of 6.60% from the stock's previous close.

A number of other research firms also recently weighed in on FND. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $64.00 price target on shares of Floor & Decor in a research note on Friday, February 20th. UBS Group reduced their target price on shares of Floor & Decor from $74.00 to $70.00 and set a "neutral" rating for the company in a research note on Friday, February 20th. Zelman & Associates lowered their target price on shares of Floor & Decor from $80.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, April 17th. Bank of America cut shares of Floor & Decor from a "buy" rating to an "underperform" rating and set a $45.00 price target on the stock. in a research report on Friday, April 17th. Finally, Morgan Stanley decreased their price target on shares of Floor & Decor from $90.00 to $88.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 15th. Six equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $71.79.

Floor & Decor Stock Up 0.9%

Floor & Decor stock traded up $0.44 during midday trading on Friday, hitting $51.39. The stock had a trading volume of 991,484 shares, compared to its average volume of 2,685,086. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The stock has a market cap of $5.54 billion, a P/E ratio of 26.74, a P/E/G ratio of 3.10 and a beta of 1.82. Floor & Decor has a 12 month low of $46.47 and a 12 month high of $92.40. The business has a fifty day moving average price of $57.44 and a 200 day moving average price of $63.20.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the company earned $0.44 earnings per share. Floor & Decor's quarterly revenue was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Research analysts predict that Floor & Decor will post 2.08 EPS for the current year.

Institutional Trading of Floor & Decor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fort Washington Investment Advisors Inc. OH raised its position in shares of Floor & Decor by 48.0% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 519,170 shares of the company's stock valued at $26,374,000 after purchasing an additional 168,447 shares during the period. Pictet Asset Management Holding SA raised its position in shares of Floor & Decor by 10.1% in the first quarter. Pictet Asset Management Holding SA now owns 17,314 shares of the company's stock valued at $880,000 after purchasing an additional 1,590 shares during the period. Wasatch Advisors LP raised its position in shares of Floor & Decor by 23.1% in the first quarter. Wasatch Advisors LP now owns 2,897,074 shares of the company's stock valued at $147,171,000 after purchasing an additional 543,744 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of Floor & Decor in the first quarter valued at approximately $1,585,000. Finally, AGP Franklin LLC bought a new stake in shares of Floor & Decor in the first quarter valued at approximately $1,212,000.

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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