Wedbush Has Negative Forecast for Floor & Decor Q1 Earnings

Floor & Decor Holdings, Inc. (NYSE:FND) – Analysts at Wedbush decreased their Q1 2025 earnings per share (EPS) estimates for Floor & Decor in a research report issued on Friday, February 21st. Wedbush analyst S. Basham now forecasts that the company will earn $0.41 per share for the quarter, down from their previous estimate of $0.43. Wedbush has a “Neutral” rating and a $100.00 price target on the stock. The consensus estimate for Floor & Decor’s current full-year earnings is $2.00 per share. Wedbush also issued estimates for Floor & Decor’s Q2 2025 earnings at $0.51 EPS, Q3 2025 earnings at $0.54 EPS, FY2025 earnings at $1.91 EPS and FY2027 earnings at $3.12 EPS.

FND has been the subject of a number of other research reports. Gordon Haskett upgraded Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research note on Friday. JPMorgan Chase & Co. raised their price objective on Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Piper Sandler decreased their target price on Floor & Decor from $118.00 to $103.00 and set a “neutral” rating for the company in a research report on Tuesday, February 18th. Telsey Advisory Group reiterated an “outperform” rating and issued a $115.00 target price on shares of Floor & Decor in a research report on Friday. Finally, Wells Fargo & Company lifted their target price on Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Floor & Decor has a consensus rating of “Hold” and a consensus price target of $106.68.

Floor & Decor Stock Performance

Floor & Decor stock opened at $97.61 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. Floor & Decor has a 12 month low of $89.06 and a 12 month high of $135.67. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 51.37, a price-to-earnings-growth ratio of 19.06 and a beta of 1.83. The stock’s 50-day moving average is $99.42 and its 200-day moving average is $106.05.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%.

Institutional Trading of Floor & Decor

Several hedge funds have recently added to or reduced their stakes in the business. Challenger Wealth Management bought a new stake in shares of Floor & Decor in the 4th quarter worth $249,000. Forum Financial Management LP acquired a new position in shares of Floor & Decor in the 4th quarter worth $202,000. Cache Advisors LLC acquired a new position in shares of Floor & Decor in the 4th quarter worth $219,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Floor & Decor by 10.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 309,638 shares of the company’s stock valued at $30,871,000 after buying an additional 29,480 shares in the last quarter. Finally, Worldly Partners Management LLC grew its holdings in shares of Floor & Decor by 1.7% during the fourth quarter. Worldly Partners Management LLC now owns 1,037,380 shares of the company’s stock valued at $103,427,000 after buying an additional 17,780 shares in the last quarter.

About Floor & Decor

Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.