Floor & Decor Holdings, Inc. (NYSE:FND) Receives Average Recommendation of "Hold" from Analysts

Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) has been assigned a consensus recommendation of "Hold" from the eighteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $103.56.

Several analysts have recently commented on FND shares. The Goldman Sachs Group cut Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 target price on the stock. in a report on Thursday, January 30th. Evercore ISI decreased their price objective on shares of Floor & Decor from $95.00 to $90.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Floor & Decor in a research note on Friday, February 21st. Stifel Nicolaus raised shares of Floor & Decor from a "hold" rating to a "buy" rating and raised their price target for the company from $100.00 to $110.00 in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. upped their price objective on Floor & Decor from $103.00 to $110.00 and gave the stock a "neutral" rating in a report on Monday, February 10th.

Floor & Decor Price Performance

Floor & Decor stock traded up $8.16 during mid-day trading on Friday, hitting $78.05. 4,066,855 shares of the company were exchanged, compared to its average volume of 1,648,454. Floor & Decor has a 1-year low of $64.71 and a 1-year high of $126.74. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $88.86 and a 200 day moving average of $100.20. The company has a market capitalization of $8.38 billion, a PE ratio of 41.08, a price-to-earnings-growth ratio of 19.06 and a beta of 1.86.

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

Institutional Investors Weigh In On Floor & Decor

Several hedge funds have recently bought and sold shares of the company. Quarry LP bought a new stake in shares of Floor & Decor in the 3rd quarter valued at $34,000. Huntington National Bank grew its stake in Floor & Decor by 120.5% in the fourth quarter. Huntington National Bank now owns 344 shares of the company's stock valued at $34,000 after acquiring an additional 188 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Floor & Decor during the fourth quarter worth about $35,000. Blue Trust Inc. grew its position in shares of Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after purchasing an additional 166 shares during the period. Finally, Bank of Jackson Hole Trust bought a new stake in Floor & Decor during the 4th quarter worth approximately $49,000.

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.