Floor & Decor Holdings, Inc. (NYSE:FND) Stock Has Consensus Target Price of $59.16 According to Brokerages

Floor & Decor Holdings, Inc. (NYSE:FND) has earned a consensus recommendation of “Hold” from the twenty brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $59.16.

FND has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of Floor & Decor from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Wolfe Research restated an “underperform” rating and issued a $41.00 price objective on shares of Floor & Decor in a research note on Tuesday, July 21st. TD Cowen reaffirmed a “hold” rating on shares of Floor & Decor in a report on Monday, August 3rd. The Goldman Sachs Group set a $53.00 target price on Floor & Decor in a research report on Saturday, August 1st. Finally, UBS Group boosted their price target on Floor & Decor from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Friday, July 31st.

Floor & Decor Price Performance

Shares of NYSE:FND opened at $45.51 on Wednesday. The firm’s 50 day moving average price is $51.39 and its 200-day moving average price is $51.79. Floor & Decor has a twelve month low of $42.64 and a twelve month high of $77.46. The company has a quick ratio of 0.45, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.85 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 3.77 and a beta of 1.60.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $0.58 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities research analysts expect that Floor & Decor will post 1.99 EPS for the current year.

Insider Activity

In related news, insider Thomas V. Taylor sold 218,189 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares of the company’s stock, valued at approximately $14,317,786. This represents a 48.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Floor & Decor

A number of hedge funds have recently modified their holdings of the company. Versant Capital Management Inc raised its position in shares of Floor & Decor by 3,263.2% during the 3rd quarter. Versant Capital Management Inc now owns 639 shares of the company’s stock valued at $29,000 after purchasing an additional 620 shares during the period. Summit Securities Group LLC purchased a new stake in Floor & Decor in the 1st quarter worth $31,000. Leonteq Securities AG raised its holdings in Floor & Decor by 320.7% during the first quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock valued at $55,000 after acquiring an additional 821 shares during the period. GK Wealth Management LLC bought a new stake in Floor & Decor during the third quarter valued at about $57,000. Finally, Trust Co. of Vermont purchased a new position in shares of Floor & Decor in the second quarter valued at about $68,000.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company sells tile, natural stone, wood, laminate and luxury vinyl flooring, along with installation materials, tools, accessories and decorative products for residential and commercial projects.

Floor & Decor operates warehouse-format stores and an e-commerce platform serving do-it-yourself customers, professional contractors, designers and commercial clients. Its stores generally offer a broad selection of in-stock flooring products, design services, installation supplies and related project resources.

Founded in 2000 and headquartered in Atlanta, Georgia, the company serves customers across the United States.