Floor & Decor (NYSE:FND) Reaches New 1-Year Low – Time to Sell?

Floor & Decor Holdings, Inc. (NYSE:FND)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $46.13 and last traded at $46.8230, with a volume of 280192 shares changing hands. The stock had previously closed at $47.65.

Analyst Ratings Changes

A number of brokerages have issued reports on FND. Barclays cut their price objective on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Citigroup decreased their target price on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Weiss Ratings downgraded Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Morgan Stanley restated a “positive” rating and issued a $56.00 price target on shares of Floor & Decor in a research report on Friday, May 1st. Finally, Robert W. Baird set a $63.00 price target on Floor & Decor in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $59.17.

Floor & Decor Stock Down 6.0%

The firm has a fifty day simple moving average of $53.13 and a 200-day simple moving average of $61.47. The company has a market capitalization of $4.83 billion, a P/E ratio of 24.35, a P/E/G ratio of 4.20 and a beta of 1.63.

Floor & Decor (NYSE:FND) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the company earned $0.46 earnings per share. The firm’s revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, sell-side analysts predict that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Insider Activity at Floor & Decor

In related news, EVP Ersan Sayman sold 15,200 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $48.28, for a total value of $733,856.00. Following the sale, the executive vice president directly owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. The trade was a 17.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Bryan Langley acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average cost of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the transaction, the chief financial officer directly owned 42,016 shares in the company, valued at $2,045,759.04. This represents a 6.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Floor & Decor

Institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new stake in Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. grew its position in Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after purchasing an additional 247 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in Floor & Decor in the fourth quarter valued at $34,000. Clearstead Advisors LLC grew its position in Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 384 shares in the last quarter. Finally, State of Wyoming acquired a new position in Floor & Decor during the second quarter valued at approximately $46,000.

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.