Floor & Decor Holdings, Inc. (NYSE:FND) Given Average Recommendation of "Hold" by Brokerages

Shares of Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) have earned a consensus rating of "Hold" from the eighteen research firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $103.56.

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A number of analysts have weighed in on FND shares. Wedbush downgraded Floor & Decor from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $110.00 to $100.00 in a report on Friday, February 14th. Barclays upgraded Floor & Decor from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $75.00 to $91.00 in a report on Wednesday, January 8th. Piper Sandler cut their price target on Floor & Decor from $103.00 to $90.00 and set a "neutral" rating on the stock in a report on Monday, March 24th. Gordon Haskett lowered shares of Floor & Decor from a "buy" rating to a "hold" rating in a research note on Friday. Finally, The Goldman Sachs Group downgraded shares of Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 target price on the stock. in a research report on Thursday, January 30th.

Get Our Latest Stock Analysis on FND

Floor & Decor Stock Performance

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NYSE FND opened at $71.55 on Friday. The company has a market capitalization of $7.68 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 19.06 and a beta of 1.86. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. Floor & Decor has a twelve month low of $66.01 and a twelve month high of $126.74. The stock has a fifty day simple moving average of $91.82 and a 200 day simple moving average of $101.77.

Floor & Decor (NYSE:FND - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.14. The company had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. Sell-side analysts expect that Floor & Decor will post 2 EPS for the current year.

Hedge Funds Weigh In On Floor & Decor

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Several large investors have recently bought and sold shares of the stock. Quarry LP bought a new position in shares of Floor & Decor during the third quarter valued at about $34,000. Huntington National Bank lifted its position in shares of Floor & Decor by 120.5% during the 4th quarter. Huntington National Bank now owns 344 shares of the company's stock worth $34,000 after buying an additional 188 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Floor & Decor in the 4th quarter worth approximately $35,000. Blue Trust Inc. grew its holdings in shares of Floor & Decor by 59.9% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after acquiring an additional 166 shares in the last quarter. Finally, Bank of Jackson Hole Trust purchased a new stake in shares of Floor & Decor during the fourth quarter valued at approximately $49,000.

About Floor & Decor

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.

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