JPMorgan Chase & Co. Has Lowered Expectations for Floor & Decor (NYSE:FND) Stock Price

Floor & Decor (NYSE:FND – Get Free Report) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from $59.00 to $57.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 19.10% from the stock’s current price.

A number of other brokerages have also weighed in on FND. Jefferies Financial Group reduced their target price on shares of Floor & Decor from $59.00 to $47.00 and set a “hold” rating for the company in a research note on Tuesday, October 20th. Zacks Research downgraded Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Morgan Stanley boosted their price target on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. TD Cowen lowered their target price on shares of Floor & Decor from $58.00 to $52.00 and set a “hold” rating on the stock in a report on Friday. Finally, Evercore reaffirmed a “positive” rating on shares of Floor & Decor in a report on Friday. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $55.70.

View Our Latest Research Report on Floor & Decor

Floor & Decor Stock Performance

FND traded down $2.48 during trading on Friday, hitting $47.86. The stock had a trading volume of 5,621,079 shares, compared to its average volume of 2,747,815. Floor & Decor has a 12 month low of $42.64 and a 12 month high of $77.46. 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 cap of $5.10 billion, a PE ratio of 22.26, a P/E/G ratio of 3.90 and a beta of 1.60. The company has a 50 day simple moving average of $47.94 and a 200-day simple moving average of $55.03.

Floor & Decor (NYSE:FND – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 earnings per share. Analysts expect that Floor & Decor will post 1.96 EPS for the current year.

Insider Buying and Selling at Floor & Decor

In other news, insider Thomas V. Taylor sold 218,189 shares of the firm’s 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 owned 229,820 shares in the company, valued at $14,317,786. This trade represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Floor & Decor

Large investors have recently made changes to their positions in the stock. Vise Technologies Inc. bought a new position in shares of Floor & Decor in the third quarter worth approximately $273,000. State of Wyoming purchased a new position in shares of Floor & Decor in the 3rd quarter valued at approximately $85,000. Signaturefd LLC boosted its holdings in shares of 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 in the last quarter. Simplicity Wealth LLC boosted its position in shares of Floor & Decor by 61.8% in the 3rd quarter. Simplicity Wealth LLC now owns 10,638 shares of the company’s stock worth $487,000 after purchasing an additional 4,064 shares in the last quarter. Finally, Gibbs Wealth Management raised its position in shares of Floor & Decor by 6.8% in the 3rd quarter. Gibbs Wealth Management now owns 8,037 shares of the company’s stock worth $368,000 after purchasing an additional 511 shares during the last quarter.

Key Floor & Decor News

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

About Floor & Decor

(Get Free Report)

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.

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