Shares of Floor & Decor Holdings Inc (NYSE:FND) traded up 7.3% on Thursday . The company traded as high as $41.25 and last traded at $41.01. 1,051,507 shares were traded during trading, a decline of 25% from the average session volume of 1,400,453 shares. The stock had previously closed at $38.23.

A number of analysts recently weighed in on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and set a $44.00 price target (up from $40.00) on shares of Floor & Decor in a research report on Friday, February 22nd. Wells Fargo & Co set a $37.00 price target on shares of Floor & Decor and gave the stock a “buy” rating in a research report on Tuesday, January 8th. Gordon Haskett raised shares of Floor & Decor from a “hold” rating to an “accumulate” rating in a research report on Thursday. Zacks Investment Research raised shares of Floor & Decor from a “sell” rating to a “hold” rating in a research report on Monday, November 26th. Finally, Wedbush set a $43.00 price target on shares of Floor & Decor and gave the stock a “buy” rating in a research report on Friday, February 22nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. Floor & Decor currently has a consensus rating of “Buy” and an average price target of $41.79.

The company has a current ratio of 1.38, a quick ratio of 0.22 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $3.79 billion, a P/E ratio of 42.28, a price-to-earnings-growth ratio of 1.48 and a beta of 1.67.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Thursday, February 21st. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Floor & Decor had a net margin of 6.80% and a return on equity of 18.70%. The firm had revenue of $436.70 million for the quarter, compared to analyst estimates of $435.66 million. During the same quarter in the previous year, the business posted $0.19 EPS. The firm’s revenue was up 12.1% compared to the same quarter last year. As a group, research analysts expect that Floor & Decor Holdings Inc will post 1.1 earnings per share for the current year.

In other news, CFO Trevor Lang sold 15,000 shares of the company’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $37.50, for a total value of $562,500.00. Following the sale, the chief financial officer now owns 153,669 shares in the company, valued at approximately $5,762,587.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Felicia D. Thornton bought 2,600 shares of the business’s stock in a transaction dated Wednesday, February 27th. The stock was bought at an average price of $37.82 per share, for a total transaction of $98,332.00. Following the purchase, the director now owns 7,728 shares in the company, valued at approximately $292,272.96. The disclosure for this purchase can be found here. Insiders sold a total of 6,838,401 shares of company stock worth $256,187,738 in the last quarter. 8.20% of the stock is currently owned by company insiders.

Several institutional investors have recently modified their holdings of FND. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Floor & Decor in the 4th quarter valued at about $26,000. Cornerstone Advisors Inc. raised its stake in shares of Floor & Decor by 42.2% in the 4th quarter. Cornerstone Advisors Inc. now owns 1,398 shares of the company’s stock valued at $36,000 after purchasing an additional 415 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Floor & Decor by 99.4% in the 4th quarter. Captrust Financial Advisors now owns 1,715 shares of the company’s stock valued at $44,000 after purchasing an additional 855 shares in the last quarter. We Are One Seven LLC acquired a new stake in shares of Floor & Decor in the 4th quarter valued at about $51,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Floor & Decor by 62.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,142 shares of the company’s stock valued at $107,000 after purchasing an additional 1,589 shares in the last quarter.

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About Floor & Decor (NYSE:FND)

Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.

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