Floor & Decor (NYSE:FND) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Key Points

• Floor & Decor shares fell below their 50-day moving average, trading as low as $50.01 versus the $56.66 average, with more than 2.15 million shares changing hands.
• Analysts maintain a generally cautious outlook: the stock has an overall “Hold” rating, with 13 Holds, five Buys and two Sells, and a consensus price target of $59.42.
• The company exceeded quarterly expectations with $0.58 in adjusted earnings per share and $1.25 billion in revenue, while revenue grew 3% year over year; however, insider Thomas V. Taylor sold about $13.6 million in shares.

Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $56.66 and traded as low as $50.01. Floor & Decor shares last traded at $50.18, with a volume of 2,150,426 shares trading hands.

Analyst Ratings Changes

Several analysts have commented on FND shares. Robert W. Baird set a $67.00 price objective on Floor & Decor in a research note on Friday, July 31st. Zacks Research upgraded Floor & Decor from a "strong sell" rating to a "hold" rating in a research note on Friday, July 3rd. Piper Sandler boosted their target price on Floor & Decor from $70.00 to $72.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Telsey Advisory Group upped their price target on Floor & Decor from $61.00 to $68.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Finally, Morgan Stanley upped their price target on Floor & Decor from $56.00 to $64.00 and gave the stock an "equal weight" rating in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $59.42.

Floor & Decor Stock Performance

The stock's 50-day moving average price is $56.66 and its 200-day moving average price is $55.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.45 and a current ratio of 1.33. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 23.34, a P/E/G ratio of 4.30 and a beta of 1.57.

Floor & Decor (NYSE:FND - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business earned $0.58 earnings per share. Floor & Decor's quarterly revenue was up 3.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities research analysts expect that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current year.

Insider Transactions at Floor & Decor

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the completion of the transaction, the insider owned 229,820 shares in the company, valued at approximately $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.80% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Floor & Decor during the 2nd quarter worth $1,822,000. Vancity Investment Management Ltd lifted its stake in shares of Floor & Decor by 24.6% in the 2nd quarter. Vancity Investment Management Ltd now owns 14,483 shares of the company's stock valued at $860,000 after purchasing an additional 2,862 shares in the last quarter. California State Teachers Retirement System grew its stake in Floor & Decor by 5,882.0% during the second quarter. California State Teachers Retirement System now owns 7,431,160 shares of the company's stock worth $441,114,000 after buying an additional 7,306,934 shares during the period. Worldly Partners Management LLC increased its holdings in Floor & Decor by 3.2% in the 2nd quarter. Worldly Partners Management LLC now owns 1,371,180 shares of the company's stock valued at $81,393,000 after purchasing an additional 42,000 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in shares of Floor & Decor in the second quarter worth about $205,000.

About Floor & Decor

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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