Floor & Decor (NYSE:FND) Hits New 52-Week Low – Time to Sell?

Floor & Decor Holdings, Inc. (NYSE:FND) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $49.87 and last traded at $50.1260, with a volume of 1680417 shares traded. The stock had previously closed at $52.61.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stifel Nicolaus cut their target price on shares of Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, December 16th. TD Cowen lowered their price target on Floor & Decor from $80.00 to $75.00 and set a “hold” rating for the company in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a research report on Wednesday, January 28th. Barclays upped their target price on Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $80.00 target price on shares of Floor & Decor in a research note on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Floor & Decor currently has an average rating of “Hold” and a consensus target price of $78.24.

Floor & Decor Trading Down 4.7%

The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 1.79 and a beta of 1.72. The business’s 50-day moving average price is $65.28 and its 200 day moving average price is $67.52. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FND. Black Cypress Capital Management LLC raised its position in shares of Floor & Decor by 140.0% in the 2nd quarter. Black Cypress Capital Management LLC now owns 83,964 shares of the company’s stock valued at $6,378,000 after purchasing an additional 48,981 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Floor & Decor by 20.2% during the third quarter. Envestnet Asset Management Inc. now owns 337,870 shares of the company’s stock worth $24,901,000 after buying an additional 56,870 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Floor & Decor by 2.3% in the second quarter. Legal & General Group Plc now owns 177,967 shares of the company’s stock worth $13,518,000 after buying an additional 4,013 shares during the last quarter. Advantage Alpha Capital Partners LP increased its stake in shares of Floor & Decor by 74.1% in the second quarter. Advantage Alpha Capital Partners LP now owns 67,497 shares of the company’s stock worth $5,127,000 after buying an additional 28,717 shares during the last quarter. Finally, TD Asset Management Inc raised its holdings in Floor & Decor by 134.7% in the third quarter. TD Asset Management Inc now owns 35,162 shares of the company’s stock valued at $2,591,000 after acquiring an additional 20,182 shares in the last quarter.

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.