Floor & Decor (NYSE:FND) Price Target Cut to $65.00 by Analysts at Truist Financial

Floor & Decor (NYSE:FND) had its target price reduced by Truist Financial from $70.00 to $65.00 in a research note released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

FND has been the topic of several other reports. Wall Street Zen raised shares of Floor & Decor from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Piper Sandler upped their price objective on shares of Floor & Decor from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. UBS Group cut shares of Floor & Decor from a “neutral” rating to a “market perform” rating and set a $54.00 price objective for the company. in a research note on Friday. Wolfe Research reaffirmed an “underperform” rating and set a $41.00 target price on shares of Floor & Decor in a report on Tuesday, July 21st. Finally, Telsey Advisory Group cut shares of Floor & Decor from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $68.00 to $50.00 in a research report on Friday. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and a consensus target price of $55.70.

Floor & Decor Price Performance

Shares of Floor & Decor stock opened at $47.86 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.10 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 4.13 and a beta of 1.60. The business’s 50-day moving average price is $47.80 and its 200-day moving average price is $54.90. Floor & Decor has a 12 month low of $42.64 and a 12 month high of $77.46.

Floor & Decor (NYSE:FND) last released its earnings results on Thursday, October 29th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. Floor & Decor had a return on equity of 8.43% and a net margin of 5.05%. Floor & Decor’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. Sell-side analysts forecast that Floor & Decor will post 1.96 EPS for the current fiscal year.

Insider Buying and Selling

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the transaction, the insider directly owned 229,820 shares of the company’s stock, valued at $14,317,786. The trade was a 48.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FND. Vise Technologies Inc. purchased a new position in shares of Floor & Decor in the third quarter worth $273,000. State of Wyoming bought a new stake in Floor & Decor during the 3rd quarter valued at $85,000. Signaturefd LLC boosted its position in Floor & Decor by 46.9% during the 3rd quarter. Signaturefd LLC now owns 3,674 shares of the company’s stock valued at $168,000 after buying an additional 1,173 shares during the period. Simplicity Wealth LLC boosted its position in Floor & Decor by 61.8% during the 3rd quarter. Simplicity Wealth LLC now owns 10,638 shares of the company’s stock valued at $487,000 after buying an additional 4,064 shares during the period. Finally, Gibbs Wealth Management boosted its position in Floor & Decor by 6.8% during the 3rd quarter. Gibbs Wealth Management now owns 8,037 shares of the company’s stock valued at $368,000 after buying an additional 511 shares during the period.

Floor & Decor News Summary

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

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.