Floor & Decor - FND Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Floor & Decor in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FND, but not buy additional shares or sell existing shares.
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18 brokers have issued 12 month price targets for Floor & Decor's shares. Their FND share price forecasts range from $64.00 to $112.00. On average, they expect the company's stock price to reach $91.59 in the next year. This suggests that the stock has a possible downside of 1.6%.
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Floor & Decor's stock was trading at $69.63 on January 1st, 2023. Since then, FND stock has increased by 33.7% and is now trading at $93.09.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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Floor & Decor Holdings, Inc. (NYSE:FND) released its earnings results on Thursday, February, 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.06. The firm earned $1.05 billion during the quarter, compared to analyst estimates of $1.06 billion. Floor & Decor had a trailing twelve-month return on equity of 19.35% and a net margin of 6.99%. The business's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS.

ETFs with the largest weight of Floor & Decor (NYSE:FND) stock in their portfolio include SPDR S&P Homebuilders ETF (XHB), iShares U.S. Home Construction ETF (ITB), Capital Group Global Growth Equity ETF (CGGO), Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL), First Trust Multi-Manager Large Growth ETF (MMLG), Hoya Capital Housing ETF (HOMZ), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and RiverNorth Patriot ETF (FLDZ).

Floor & Decor issued an update on its FY23 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of $2.55-$2.85 for the period, compared to the consensus estimate of $2.86. The company issued revenue guidance of $4.61-$4.75 billion, compared to the consensus revenue estimate of $4.85 billion.

310 employees have rated Floor & Decor Chief Executive Officer Tom Taylor on Glassdoor.com. Tom Taylor has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Floor & Decor investors own include Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Adobe (ADBE), AT&T (T), Verizon Communications (VZ), Applied Materials (AMAT) and Bank of America (BAC).

(FND) raised $145 million in an IPO on Thursday, April 27th 2017. The company issued 8,800,000 shares at $15.00-$18.00 per share. BofA Merrill Lynch, Barclays, Credit Suisse and UBS Securities served as the underwriters for the IPO and Goldman, Sachs, Jefferies, Piper Jaffray, Wells Fargo Securities and Houlihan Lokey were co-managers.

Floor & Decor trades on the New York Stock Exchange (NYSE) under the ticker symbol "FND."

Floor & Decor's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (11.52%), WCM Investment Management LLC (4.33%), Sands Capital Management LLC (3.59%), Bamco Inc. NY (2.59%), Morgan Stanley (2.33%) and Abdiel Capital Advisors LP (2.21%). Insiders that own company stock include Brian K Robbins, Corporate Opportunities F Ares, David Victor Christopherson, Fs Equity Partners Vi, LP, George Vincent West, Lisa Laube, Michael Fung, Norman Axelrod, Peter Starrett, Richard L Sullivan, Ryan Marshall, Steven Alan Denny, Thomas V Taylor, Thomas V Taylor, Trevor Lang and William T Giles.
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Shares of FND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FND stock can currently be purchased for approximately $93.09.

Floor & Decor (NYSE:FND) has a market capitalization of $9.89 billion and generates $4.26 billion in revenue each year. The company earns $298.20 million in net income (profit) each year or $2.77 on an earnings per share basis.

The company employs 11,985 workers across the globe.

Floor & Decor's mailing address is 2500 Windy Ridge Parkway SE, Atlanta GA, 30339. The official website for the company is www.flooranddecor.com. The company can be reached via phone at (404) 471-1634 or via email at investorrelations@flooranddecor.com.