Wedbush Issues Positive Estimate for Floor & Decor Earnings

Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) - Research analysts at Wedbush upped their Q1 2025 earnings estimates for shares of Floor & Decor in a research report issued on Thursday, October 31st. Wedbush analyst S. Basham now anticipates that the company will post earnings of $0.43 per share for the quarter, up from their prior estimate of $0.39. Wedbush currently has a "Outperform" rating and a $110.00 target price on the stock. The consensus estimate for Floor & Decor's current full-year earnings is $1.66 per share. Wedbush also issued estimates for Floor & Decor's Q2 2025 earnings at $0.53 EPS and Q4 2025 earnings at $0.30 EPS.

FND has been the subject of a number of other research reports. Truist Financial cut their price target on Floor & Decor from $130.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday, July 10th. Guggenheim lowered their price target on Floor & Decor from $130.00 to $115.00 and set a "buy" rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company upped their target price on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Monday. Mizuho raised their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, Citigroup reduced their price objective on shares of Floor & Decor from $109.00 to $104.00 and set a "neutral" rating for the company in a research report on Friday, July 19th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Floor & Decor has an average rating of "Hold" and an average price target of $104.24.

Floor & Decor Stock Up 0.7 %

FND traded up $0.75 during trading on Friday, hitting $103.80. 1,190,414 shares of the company's stock were exchanged, compared to its average volume of 1,429,009. The stock has a market cap of $11.12 billion, a P/E ratio of 57.64, a PEG ratio of 13.59 and a beta of 1.80. The business's 50 day moving average is $111.78 and its two-hundred day moving average is $108.83. Floor & Decor has a fifty-two week low of $76.30 and a fifty-two week high of $135.67. The company has a quick ratio of 0.27, a current ratio of 1.17 and a debt-to-equity ratio of 0.10.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.06. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.14 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.84%. During the same quarter in the prior year, the business earned $0.61 earnings per share. The business's quarterly revenue was up .9% compared to the same quarter last year.

Institutional Trading of Floor & Decor

A number of large investors have recently modified their holdings of the business. Chris Bulman Inc purchased a new stake in Floor & Decor in the second quarter valued at approximately $30,000. Blue Trust Inc. lifted its holdings in shares of Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company's stock worth $34,000 after acquiring an additional 196 shares during the last quarter. J.Safra Asset Management Corp grew its position in Floor & Decor by 630.5% in the second quarter. J.Safra Asset Management Corp now owns 431 shares of the company's stock worth $43,000 after acquiring an additional 372 shares in the last quarter. GAMMA Investing LLC increased its stake in Floor & Decor by 36.7% in the second quarter. GAMMA Investing LLC now owns 704 shares of the company's stock valued at $70,000 after acquiring an additional 189 shares during the last quarter. Finally, RiverPark Advisors LLC raised its position in Floor & Decor by 361.1% during the first quarter. RiverPark Advisors LLC now owns 604 shares of the company's stock valued at $78,000 after purchasing an additional 473 shares in the last quarter.

Floor & Decor Company Profile

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.