An overview of Floor & Decor Holdings Inc’s (FND) institutional holdings

The price of Floor & Decor Holdings Inc (NYSE:FND) shares last traded on Wall Street fell -4.91% to $80.75.

Based on available information, 24 analysts follow Floor & Decor Holdings Inc (NYSE:FND). The consensus rating among analysts is ‘Overweight’. FND stock price is now -9.65% away from the 50-day moving average and -15.21% away from the 200-day moving average. The market capitalization of the company currently stands at $8.61B.

Among analysts, 11 rate the stock a hold while 10 rate it a buy.

With the price target reduced from $122 to $90, Citigroup Downgraded its rating from Buy to Neutral for Floor & Decor Holdings Inc (NYSE: FND).

In other news, DENNY STEVEN ALAN, EVP, STORE OPERATIONS sold 6,381 shares of the company’s stock on Aug 07. The stock was sold for $661,001 at an average price of $103.59. Upon completion of the transaction, the EVP, STORE OPERATIONS now directly owns 12,419 shares in the company, valued at $1.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 19, CHIEF EXECUTIVE OFFICER TAYLOR THOMAS V sold 18,656 shares of the business’s stock. A total of $2,145,440 was realized by selling the stock at an average price of $115.00. This leaves the insider owning 177,891 shares of the company worth $14.36 million. Insiders disposed of 196,636 shares of company stock worth roughly $15.88 million over the past 1 year. A total of 1.71% of the company’s stock is owned by insiders.

A candlestick chart of Floor & Decor Holdings Inc (NYSE: FND) showed a price of $80.00 on Friday morning. During the past 12 months, Floor & Decor Holdings Inc has had a low of $63.51 and a high of $116.03. As of last week, the company has a debt-to-equity ratio of 0.87, a current ratio of 1.14, and a quick ratio of 0.20. According to the stock market information, the enterprise value for the company is $10.19B, which is based on a 31.28 price-to-earnings ratio, a 4.53 price-to-earnings-growth ratio, and a beta of 1.94. The fifty day moving average price for FND is $89.07 and a two-hundred day moving average price translates $95.24 for the stock.

The latest earnings results from Floor & Decor Holdings Inc (NYSE: FND) was released for Sep, 2023. According to the Home Improvement Retail Company, earnings per share came in at $0.66, inline with analysts’ expectations of $0.66. This compares to $0.71 EPS in the same period last year. The net profit margin was 6.30% and return on equity was 16.04% for FND. The company reported revenue of $1.11 billion for the quarter, compared to $1.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.91 percent. For the current quarter, analysts expect FND to generate $1.13B in revenue.

Floor & Decor Holdings Inc(FND) Company Profile

Floor & Decor Holdings, Inc. together with its subsidiaries, operates as a multi-channel specialty retailer and commercial flooring distributor in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools. It also sells products through its Website, The company serves installers, commercial businesses, and other sectors. The company was formerly known as FDO Holdings, Inc. and changed its name to Floor & Decor Holdings, Inc. in April 2017. Floor & Decor Holdings, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

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