Analysts Set Floor & Decor Holdings, Inc. (NYSE:FND) Target Price at $104.37

Floor & Decor Holdings, Inc. (NYSE:FND) has been given an average recommendation of “Hold” by the nineteen analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $104.37.

FND has been the subject of several research reports. Wedbush reiterated an “outperform” rating and issued a $110.00 target price on shares of Floor & Decor in a report on Friday, October 25th. Telsey Advisory Group reissued a “market perform” rating and set a $95.00 target price on shares of Floor & Decor in a research report on Monday, November 11th. Wells Fargo & Company boosted their price target on shares of Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Stifel Nicolaus increased their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research note on Monday, November 4th. Finally, Piper Sandler reduced their price objective on shares of Floor & Decor from $119.00 to $118.00 and set a “neutral” rating for the company in a research note on Monday, October 28th.

Institutional Trading of Floor & Decor

Several large investors have recently made changes to their positions in FND. Chris Bulman Inc acquired a new position in Floor & Decor during the second quarter valued at $30,000. Blue Trust Inc. lifted its holdings in shares of Floor & Decor by 242.0% in the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after buying an additional 196 shares during the period. Quarry LP purchased a new stake in shares of Floor & Decor in the third quarter worth about $34,000. Wilmington Savings Fund Society FSB acquired a new stake in Floor & Decor during the third quarter worth about $74,000. Finally, UMB Bank n.a. raised its position in Floor & Decor by 37.8% during the third quarter. UMB Bank n.a. now owns 715 shares of the company’s stock valued at $89,000 after acquiring an additional 196 shares in the last quarter.

Floor & Decor Stock Down 1.2 %

Shares of FND opened at $99.90 on Thursday. The firm has a market capitalization of $10.71 billion, a P/E ratio of 55.50, a P/E/G ratio of 14.75 and a beta of 1.82. Floor & Decor has a 12-month low of $89.06 and a 12-month high of $135.67. The firm has a fifty day moving average price of $105.93 and a 200-day moving average price of $106.57. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09.

Floor & Decor (NYSE:FND) last issued its earnings results on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the firm earned $0.61 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. Equities research analysts expect that Floor & Decor will post 1.71 earnings per share for the current year.

About Floor & Decor

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.