Zelman & Associates Lowers Floor & Decor (NYSE:FND) Price Target to $65.00

Key Points

• Zelman & Associates cut its Floor & Decor price target to $65 from $80 and maintained a "neutral" rating, with the $65 target implying about a 20.34% upside from the recent share price.
• Multiple analysts have pared targets or downgraded the stock (e.g., BofA to "underperform" $45, TD Cowen to $60, UBS to $70), leaving a MarketBeat consensus of "Hold" and an average target of $74.89 (6 Buys, 13 Holds, 2 Sells).
• Shares traded at $54.01 on Friday (market cap ~$5.83B); the company slightly beat quarterly EPS estimates ($0.36 vs. $0.35), reported flat-to-modest revenue growth, and set FY2026 guidance of $1.98–$2.18 per share.

Floor & Decor (NYSE:FND - Get Free Report) had its price target dropped by stock analysts at Zelman & Associates from $80.00 to $65.00 in a report issued on Friday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Zelman & Associates' price objective points to a potential upside of 20.34% from the company's current price.

FND has been the topic of several other research reports. Weiss Ratings reiterated a "hold (c-)" rating on shares of Floor & Decor in a research report on Wednesday, January 28th. Bank of America downgraded shares of Floor & Decor from a "buy" rating to an "underperform" rating and set a $45.00 price objective for the company. in a research report on Friday. TD Cowen reduced their price target on shares of Floor & Decor from $75.00 to $60.00 and set a "hold" rating on the stock in a research note on Monday, March 30th. Piper Sandler decreased their price objective on shares of Floor & Decor from $80.00 to $78.00 and set an "overweight" rating for the company in a research note on Tuesday. Finally, 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. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $74.89.

Floor & Decor Trading Up 2.5%

Shares of NYSE:FND traded up $1.33 during trading on Friday, reaching $54.01. 2,237,244 shares of the company traded hands, compared to its average volume of 2,723,538. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 28.15, a P/E/G ratio of 1.81 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 company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The business's fifty day moving average is $59.09 and its 200-day moving average is $63.94.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.36 EPS 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 business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The company's revenue for the quarter was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, analysts forecast that Floor & Decor will post 2 EPS for the current year.

Institutional Investors Weigh In On Floor & Decor

Several large investors have recently modified their holdings of FND. Envestnet Asset Management Inc. grew its stake in shares of Floor & Decor by 20.2% during the third quarter. Envestnet Asset Management Inc. now owns 337,870 shares of the company's stock worth $24,901,000 after purchasing an additional 56,870 shares during the period. TD Asset Management Inc lifted its holdings in shares of Floor & Decor by 134.7% in the third quarter. TD Asset Management Inc now owns 35,162 shares of the company's stock worth $2,591,000 after acquiring an additional 20,182 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Floor & Decor by 46.0% in the 3rd 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. Massachusetts Financial Services Co. MA boosted its holdings in Floor & Decor by 19.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 724,964 shares of the company's stock valued at $53,430,000 after acquiring an additional 118,232 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. bought a new stake in Floor & Decor during the third quarter valued at $1,916,000.

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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