Investment analysts at Telsey Advisory Group began coverage on shares of Floor & Decor Holdings, Inc. (NYSE:FND) in a report released on Tuesday, July 11th, MarketBeat.com reports. The brokerage set a “market perform” rating and a $38.00 price target on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 10.34% from the stock’s previous close.

Several other equities analysts also recently issued reports on FND. BTIG Research reissued a “buy” rating and issued a $42.00 target price on shares of Floor & Decor Holdings in a research report on Wednesday, May 10th. Barclays PLC initiated coverage on Floor & Decor Holdings in a research report on Monday, May 22nd. They issued an “overweight” rating and a $50.00 target price on the stock. Goldman Sachs Group Inc initiated coverage on Floor & Decor Holdings in a research report on Monday, May 22nd. They issued a “neutral” rating and a $25.00 target price on the stock. Piper Jaffray Companies initiated coverage on Floor & Decor Holdings in a research report on Monday, May 22nd. They issued a “neutral” rating and a $40.00 target price on the stock. Finally, Jefferies Group LLC initiated coverage on shares of Floor & Decor Holdings in a report on Monday, May 22nd. They issued a “hold” rating and a $38.00 price target on the stock. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. Floor & Decor Holdings has a consensus rating of “Hold” and a consensus price target of $41.33.

Floor & Decor Holdings (NYSE:FND) opened at 34.44 on Tuesday. The stock has a market capitalization of $3.24 billion and a P/E ratio of 50.72. Floor & Decor Holdings has a 1-year low of $29.37 and a 1-year high of $46.99. The stock has a 50 day moving average price of $37.85 and a 200-day moving average price of $37.72.

Floor & Decor Holdings (NYSE:FND) last released its earnings results on Thursday, July 27th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $344 million during the quarter, compared to analyst estimates of $343.73 million. Floor & Decor Holdings’s revenue for the quarter was up 29.4% on a year-over-year basis. Equities research analysts expect that Floor & Decor Holdings will post $0.60 EPS for the current year.

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In other news, major shareholder Corporate Opportunities F. Ares sold 6,772,781 shares of the stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $38.50, for a total transaction of $260,752,068.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Trevor Lang sold 46,200 shares of the stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $38.50, for a total transaction of $1,778,700.00. Following the sale, the chief financial officer now directly owns 192,519 shares in the company, valued at $7,411,981.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,118,047 shares of company stock worth $274,044,810.

Large investors have recently bought and sold shares of the company. Rhumbline Advisers purchased a new stake in Floor & Decor Holdings during the second quarter valued at about $388,000. Russell Investments Group Ltd. purchased a new stake in Floor & Decor Holdings during the second quarter valued at about $662,000. Fisher Asset Management LLC purchased a new stake in Floor & Decor Holdings during the second quarter valued at about $788,000. Bank of New York Mellon Corp purchased a new stake in Floor & Decor Holdings during the second quarter valued at about $912,000. Finally, Schwab Charles Investment Management Inc. purchased a new stake in Floor & Decor Holdings during the second quarter valued at about $1,016,000. 0.05% of the stock is currently owned by institutional investors and hedge funds.

Floor & Decor Holdings Company Profile

Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).

Analyst Recommendations for Floor & Decor Holdings (NYSE:FND)

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