Floor & Decor (NYSE:FND) Releases Quarterly Earnings Results, Beats Estimates By $0.14 EPS

Floor & Decor (NYSE:FND) announced its quarterly earnings results on Thursday. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.14, Zacks reports. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. Floor & Decor updated its FY 2025 guidance to 1.800-2.100 EPS.

Floor & Decor Trading Down 2.7 %

NYSE FND traded down $2.58 on Thursday, hitting $92.75. 3,288,850 shares of the company were exchanged, compared to its average volume of 1,533,633. The company’s 50 day moving average price is $100.33 and its 200-day moving average price is $106.04. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The firm has a market capitalization of $9.95 billion, a P/E ratio of 51.53, a price-to-earnings-growth ratio of 20.20 and a beta of 1.83. Floor & Decor has a twelve month low of $89.06 and a twelve month high of $135.67.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on FND shares. The Goldman Sachs Group cut shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price objective on the stock. in a research note on Thursday, January 30th. Piper Sandler cut their price objective on shares of Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a research note on Tuesday. Mizuho lifted their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Telsey Advisory Group upgraded shares of Floor & Decor from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $95.00 to $115.00 in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $105.39.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.