Floor & Decor Holdings, Inc. (NYSE:FND) Receives $59.42 Consensus Price Target from Analysts

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have received a consensus recommendation of “Hold” from the twenty research firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $59.4211.

FND has been the topic of several research reports. Evercore set a $60.00 price objective on shares of Floor & Decor in a report on Tuesday, July 7th. Zacks Research upgraded shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Telsey Advisory Group upped their target price on Floor & Decor from $61.00 to $68.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Wells Fargo & Company lifted their price objective on shares of Floor & Decor from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Finally, Weiss Ratings cut Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday.

Insider Buying and Selling

In related news, insider Thomas V. Taylor sold 218,189 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the transaction, the insider owned 229,820 shares in the company, valued at $14,317,786. This trade represents a 48.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Floor & Decor

A number of large investors have recently bought and sold shares of FND. Clearstead Advisors LLC raised its stake in Floor & Decor by 215.7% in the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 384 shares during the period. Summit Securities Group LLC bought a new position in Floor & Decor during the first quarter worth about $31,000. Leonteq Securities AG raised its position in shares of Floor & Decor by 320.7% in the first quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock valued at $55,000 after purchasing an additional 821 shares during the period. Trust Co. of Vermont bought a new stake in shares of Floor & Decor in the second quarter valued at approximately $68,000. Finally, Eurizon Capital SGR S.p.A. bought a new position in Floor & Decor in the 4th quarter worth approximately $74,000.

Floor & Decor Stock Up 1.7%

NYSE:FND opened at $48.13 on Friday. The stock has a 50-day moving average price of $54.76 and a two-hundred day moving average price of $53.58. Floor & Decor has a 1 year low of $42.64 and a 1 year high of $92.40. 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 stock has a market cap of $5.13 billion, a price-to-earnings ratio of 22.39, a PEG ratio of 3.84 and a beta of 1.55.

Floor & Decor (NYSE:FND) last released its earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the company earned $0.58 EPS. The company’s revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities analysts expect that Floor & Decor will post 1.99 earnings per share for the current year.

About Floor & Decor

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

Floor & Decor serves do-it-yourself customers, professional flooring contractors, homebuilders, designers and commercial customers. Its stores generally operate in a warehouse-format model designed to offer a wide product assortment, and the company also sells through its e-commerce platform and provides design and project-support services.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor has expanded its store network across the United States.