Floor & Decor Holdings, Inc. (NYSE:FND) Receives $59.17 Consensus PT from Brokerages

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have received an average recommendation of “Hold” from the nineteen research firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $59.1667.

A number of equities research analysts recently commented on FND shares. Telsey Advisory Group lowered their price target on shares of Floor & Decor from $80.00 to $61.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Mizuho lowered their price target on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Bank of America downgraded shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective on the stock. in a research report on Friday, April 17th. Evercore set a $51.00 price objective on shares of Floor & Decor in a research report on Friday, May 1st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $64.00 price objective on shares of Floor & Decor in a research report on Friday, February 20th.

Floor & Decor Stock Up 0.3%

NYSE:FND opened at $45.75 on Friday. The company has a fifty day moving average of $52.29 and a 200 day moving average of $61.11. Floor & Decor has a 52 week low of $44.28 and a 52 week high of $92.40. The firm has a market capitalization of $4.94 billion, a P/E ratio of 24.87, a P/E/G ratio of 3.92 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 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $0.46 earnings per share. The company’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. As a group, analysts anticipate that Floor & Decor will post 1.92 EPS for the current year.

Insider Buying and Selling at Floor & Decor

In related news, CEO Bradley Paulsen acquired 5,000 shares of Floor & Decor stock in a transaction on Monday, May 4th. The shares were acquired at an average cost of $50.25 per share, with a total value of $251,250.00. Following the transaction, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. This trade represents a 6.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bryan Langley acquired 2,500 shares of Floor & Decor stock in a transaction on Monday, May 4th. The shares were 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 owned 42,016 shares in the company, valued at approximately $2,045,759.04. This trade represents a 6.33% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Capital World Investors increased its position in Floor & Decor by 8.1% during the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock valued at $454,975,000 after purchasing an additional 557,728 shares during the period. Principal Financial Group Inc. grew its position in shares of Floor & Decor by 6.5% in the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock worth $347,354,000 after buying an additional 416,572 shares during the period. Morgan Stanley grew its position in shares of Floor & Decor by 10.4% in the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after buying an additional 484,243 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Floor & Decor by 1,060,525.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after buying an additional 3,881,522 shares during the period. Finally, State Street Corp grew its position in shares of Floor & Decor by 1.1% in the 2nd quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after buying an additional 42,636 shares during the period.

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.