Morgan Stanley Forecasts Strong Price Appreciation for Floor & Decor (NYSE:FND) Stock

Floor & Decor (NYSE:FND) had its price objective increased by equities researchers at Morgan Stanley from $56.00 to $64.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 9.93% from the company’s previous close.

A number of other brokerages also recently commented on FND. Robert W. Baird set a $67.00 target price on Floor & Decor in a report on Friday. Wells Fargo & Company upped their price objective on shares of Floor & Decor from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday. UBS Group dropped their target price on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Zacks Research raised shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Finally, Weiss Ratings cut Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $59.74.

Floor & Decor Trading Up 5.3%

Shares of NYSE:FND traded up $2.92 during trading on Friday, reaching $58.22. 2,762,388 shares of the company traded hands, compared to its average volume of 2,762,335. Floor & Decor has a 52-week low of $42.64 and a 52-week high of $92.40. The business’s fifty day moving average is $53.69 and its 200-day moving average is $57.30. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 31.64, a P/E/G ratio of 4.65 and a beta of 1.58.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. On average, sell-side analysts predict that Floor & Decor will post 1.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Floor & Decor

In related news, CFO Bryan Langley bought 2,500 shares of the company’s stock in a transaction 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 completion of the acquisition, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. The trade was a 6.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the firm’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 transaction, the executive vice president owned 71,676 shares of the company’s stock, valued at $3,460,517.28. The trade was 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

Several large investors have recently bought and sold shares of FND. Advisory Services Network LLC bought a new position in shares of Floor & Decor in the third quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. boosted its stake in Floor & Decor by 207.6% during the 3rd 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 during the last quarter. Summit Securities Group LLC purchased a new stake in Floor & Decor during the 1st quarter valued at $31,000. Clearstead Advisors LLC increased its holdings in shares of Floor & Decor by 215.7% in the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 384 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Floor & Decor in the fourth quarter worth $34,000.

Key Stories Impacting Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Quarterly results exceeded expectations. Floor & Decor reported Q2 fiscal 2026 EPS of $0.58, above the $0.56-$0.57 consensus, while revenue of $1.25 billion surpassed estimates of approximately $1.23 billion. Revenue increased 3% year over year, although EPS was unchanged from the prior-year quarter. Floor & Decor Second-Quarter Fiscal 2026 Results
• Positive Sentiment: Full-year EPS guidance is above analyst expectations. The company provided fiscal 2026 EPS guidance of $2.20-$2.45, compared with consensus of about $1.91. Separate coverage cited adjusted EPS of $1.88-$2.13, so investors should distinguish between the company’s reported guidance measure and adjusted estimates. Floor & Decor Fiscal 2026 Outlook
• Positive Sentiment: Truist raised its price target and rating. Truist Financial increased its target from $65 to $70 and upgraded the stock to “buy,” signaling greater confidence in Floor & Decor’s earnings potential and suggesting substantial upside from recent trading levels. Benzinga analyst update
• Neutral Sentiment: Management remains cautious on demand. The company’s outlook calls for comparable-store sales to be flat to down 4%, reflecting continued pressure on larger discretionary home-improvement purchases. This indicates that the earnings outlook depends partly on margin discipline, execution and new-store growth rather than strong consumer demand. Floor & Decor Q2 Earnings Call Transcript

About Floor & Decor

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.