Floor & Decor (NYSE:FND) Reaches New 12-Month Low – Here’s What Happened

Floor & Decor Holdings, Inc. (NYSE:FND) reached a new 52-week low during trading on Tuesday . The company traded as low as $43.02 and last traded at $44.1760, with a volume of 200174 shares trading hands. The stock had previously closed at $44.98.

Analyst Ratings Changes

FND has been the topic of several research analyst reports. Morgan Stanley restated a “positive” rating and set a $56.00 target price on shares of Floor & Decor in a research report on Friday, May 1st. Barclays cut their target price on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. TD Cowen cut their target price on Floor & Decor from $60.00 to $48.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Zelman & Associates cut their target price on Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Finally, Telsey Advisory Group cut their target price on Floor & Decor from $80.00 to $61.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $59.17.

Floor & Decor Stock Performance

The business has a 50 day moving average of $51.53 and a two-hundred day moving average of $60.71. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 23.94, a P/E/G ratio of 3.74 and a beta of 1.63.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company posted $0.46 earnings per share. The firm’s quarterly 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, equities analysts predict that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FND. Northwestern Mutual Wealth Management Co. raised its stake in shares of Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after purchasing an additional 3,881,522 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Floor & Decor by 46.0% in the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company’s stock worth $471,567,000 after purchasing an additional 2,015,999 shares during the last quarter. Capital World Investors raised its stake in shares of Floor & Decor by 37.2% in the third quarter. Capital World Investors now owns 6,914,316 shares of the company’s stock worth $509,589,000 after purchasing an additional 1,872,892 shares during the last quarter. Champlain Investment Partners LLC purchased a new stake in shares of Floor & Decor in the fourth quarter worth approximately $108,060,000. Finally, Durable Capital Partners LP purchased a new stake in shares of Floor & Decor in the second quarter worth approximately $106,221,000.

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.