Floor & Decor Holdings Inc (NYSE:FND) shares traded 0.39% higher at $102.33 on Wall Street last session.
FND stock price is now -3.88% away from the 50-day moving average and -6.98% away from the 200-day moving average. The market capitalization of the company currently stands at $10.90B.
With the price target reduced from $100 to $95, Telsey Advisory Group maintained Market Perform rating for Floor & Decor Holdings Inc (NYSE: FND). On July 24, 2024, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $110 to quote $100, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Lang Trevor, PRESIDENT sold 103,598 shares of the company’s stock on Nov 01 ’24. The stock was sold for $10,778,778 at an average price of $104.04. Upon completion of the transaction, the PRESIDENT now directly owns 180,688 shares in the company, valued at $18.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 01 ’24, Officer Trevor S Lang bought 103,598 shares of the business’s stock. A total of $10,778,730 was incurred on buying the stock at an average price of $104.04. A total of 1.57% of the company’s stock is owned by insiders.
During the past 12 months, Floor & Decor Holdings Inc has had a low of $89.06 and a high of $135.67. As of last week, the company has a debt-to-equity ratio of 0.81, a current ratio of 1.16, and a quick ratio of 0.29. According to the stock market information, the enterprise value for the company is $12390218752, which is based on a 56.26 price-to-earnings ratio, a 12.57 price-to-earnings-growth ratio, and a beta of 1.84. The fifty day moving average price for FND is $106.6818 and a two-hundred day moving average price translates $110.1064 for the stock.
The latest earnings results from Floor & Decor Holdings Inc (NYSE: FND) was released for 2024-09-26. The net profit margin was 4.45% and return on equity was 9.78% for FND. The company reported revenue of $1.12 billion for the quarter, compared to $1.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.91 percent.
