Floor & Decor (NYSE:FND) Sets New 12-Month Low – Should You Sell?

Floor & Decor Holdings, Inc. (NYSE:FND)’s share price reached a new 52-week low on Wednesday . The company traded as low as $54.74 and last traded at $55.3540, with a volume of 461351 shares. The stock had previously closed at $56.40.

Wall Street Analyst Weigh In

FND has been the subject of several recent research reports. Piper Sandler reiterated an “overweight” rating and issued a $80.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. The Goldman Sachs Group restated a “neutral” rating and set a $64.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Floor & Decor in a research note on Wednesday, January 28th. Morgan Stanley reduced their target price on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $80.00 target price on shares of Floor & Decor in a report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Floor & Decor currently has an average rating of “Hold” and a consensus target price of $78.24.

Floor & Decor Price Performance

The stock has a 50 day moving average of $68.10 and a 200-day moving average of $68.78. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $5.94 billion, a P/E ratio of 28.63, a price-to-earnings-growth ratio of 1.96 and a beta of 1.72.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company posted $0.44 EPS. Floor & Decor’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. On average, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Floor & Decor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Floor & Decor by 9.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock worth $27,346,000 after acquiring an additional 30,195 shares during the period. ProShare Advisors LLC boosted its holdings in shares of Floor & Decor by 4.4% in the second quarter. ProShare Advisors LLC now owns 4,770 shares of the company’s stock valued at $362,000 after purchasing an additional 202 shares during the period. Geode Capital Management LLC grew its stake in Floor & Decor by 0.6% in the second quarter. Geode Capital Management LLC now owns 1,893,763 shares of the company’s stock worth $143,874,000 after purchasing an additional 10,547 shares in the last quarter. Police & Firemen s Retirement System of New Jersey grew its stake in Floor & Decor by 6.0% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 40,313 shares of the company’s stock worth $3,062,000 after purchasing an additional 2,276 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Floor & Decor by 7.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 27,647 shares of the company’s stock worth $2,100,000 after purchasing an additional 2,014 shares during the period.

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.