Floor & Decor - FND Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Floor & Decor in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FND shares.
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16 brokerages have issued 1 year price objectives for Floor & Decor's shares. Their FND share price forecasts range from $64.00 to $146.00. On average, they anticipate the company's share price to reach $105.14 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price.
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Floor & Decor's stock was trading at $130.01 on January 1st, 2022. Since then, FND shares have decreased by 46.0% and is now trading at $70.18.
View the best growth stocks for 2022 here.

Floor & Decor saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 8,110,000 shares, a drop of 8.7% from the July 31st total of 8,880,000 shares. Based on an average daily volume of 1,460,000 shares, the short-interest ratio is presently 5.6 days. Approximately 8.0% of the company's shares are short sold.
View Floor & Decor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our FND earnings forecast.

Floor & Decor Holdings, Inc. (NYSE:FND) announced its earnings results on Thursday, August, 4th. The company reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.03. The firm earned $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. Floor & Decor had a net margin of 7.09% and a trailing twelve-month return on equity of 19.25%. The firm's quarterly revenue was up 26.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 earnings per share.

Floor & Decor updated its FY 2022 earnings guidance on Thursday, August, 25th. The company provided EPS guidance of $2.65-$2.80 for the period, compared to the consensus earnings per share estimate of $2.83. The company issued revenue guidance of $4.29 billion-$4.33 billion, compared to the consensus revenue estimate of $4.32 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 initial public offering 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 acted 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 number of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.48%), FMR LLC (5.70%), Abdiel Capital Advisors LP (4.10%), Sands Capital Management LLC (3.91%), WCM Investment Management LLC (2.82%) and State Street Corp (1.91%). 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, 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 $70.18.

Floor & Decor (NYSE:FND) has a market capitalization of $7.44 billion and generates $3.43 billion in revenue each year. The company earns $283.23 million in net income (profit) each year or $2.57 on an earnings per share basis.

The company employs 10,566 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.