Floor & Decor (NYSE:FND) Given “Outperform” Rating at Telsey Advisory Group

Floor & Decor (NYSE:FND)‘s stock had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They presently have a $80.00 price target on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 14.44% from the company’s previous close.

Several other analysts also recently commented on FND. Piper Sandler raised shares of Floor & Decor from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $75.00 to $80.00 in a report on Wednesday, November 12th. Stifel Nicolaus reduced their price objective on Floor & Decor from $92.00 to $90.00 and set a “buy” rating for the company in a report on Tuesday, December 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Floor & Decor in a research report on Wednesday, January 28th. UBS Group dropped their price target on Floor & Decor from $80.00 to $74.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Finally, Morgan Stanley decreased their price objective on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $81.83.

Floor & Decor Stock Performance

Shares of NYSE FND traded up $3.79 during midday trading on Friday, hitting $69.91. 850,765 shares of the company’s stock were exchanged, compared to its average volume of 2,593,941. The company has a quick ratio of 0.34, a current ratio of 1.27 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $7.53 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 2.73 and a beta of 1.74. Floor & Decor has a 12 month low of $55.11 and a 12 month high of $103.87. The company’s 50 day moving average price is $67.75 and its 200 day moving average price is $71.35.

Floor & Decor (NYSE:FND) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. Floor & Decor had a return on equity of 9.34% and a net margin of 4.65%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the firm posted $0.44 EPS. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, analysts predict that Floor & Decor will post 2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FND. Advisory Services Network LLC acquired a new stake in Floor & Decor during the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after buying an additional 247 shares in the last quarter. Clearstead Advisors LLC lifted its holdings in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 384 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Floor & Decor during the 4th quarter worth approximately $34,000. Finally, eCIO Inc. acquired a new stake in shares of Floor & Decor during the 4th quarter worth approximately $41,000.

Floor & Decor Company Profile

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.