Floor & Decor (NYSE:FND) Given “Outperform” Rating at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Floor & Decor (NYSE:FND) in a research note released on Friday morning,Benzinga reports. The brokerage currently has a $115.00 target price on the stock. Telsey Advisory Group also issued estimates for Floor & Decor’s Q1 2025 earnings at $0.48 EPS, Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $2.06 EPS and FY2026 earnings at $2.68 EPS.

Other analysts have also recently issued reports about the stock. Stifel Nicolaus increased their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their price target on Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. Gordon Haskett upgraded Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Friday. Mizuho increased their target price on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Wells Fargo & Company boosted their price target on Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Floor & Decor has an average rating of “Hold” and an average price target of $106.16.

Floor & Decor Stock Performance

Shares of NYSE FND opened at $94.25 on Friday. Floor & Decor has a 12-month low of $89.06 and a 12-month high of $135.67. The firm has a market capitalization of $10.11 billion, a price-to-earnings ratio of 49.61, a price-to-earnings-growth ratio of 19.06 and a beta of 1.83. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average of $99.62 and a 200 day moving average of $106.06.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. On average, research analysts anticipate that Floor & Decor will post 2 earnings per share for the current year.

Institutional Trading of Floor & Decor

Several hedge funds have recently made changes to their positions in the business. Capital Research Global Investors grew its position in Floor & Decor by 76.8% in the fourth quarter. Capital Research Global Investors now owns 13,316,446 shares of the company’s stock worth $1,327,653,000 after acquiring an additional 5,784,573 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its stake in shares of Floor & Decor by 12,208.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,327,267 shares of the company’s stock valued at $132,329,000 after purchasing an additional 1,316,484 shares during the last quarter. FMR LLC boosted its holdings in shares of Floor & Decor by 34.7% in the 3rd quarter. FMR LLC now owns 5,015,871 shares of the company’s stock worth $622,821,000 after purchasing an additional 1,291,214 shares during the period. Fisher Funds Management LTD bought a new position in shares of Floor & Decor during the 4th quarter valued at approximately $128,797,000. Finally, Marshall Wace LLP purchased a new stake in Floor & Decor during the 4th quarter valued at $109,574,000.

Floor & Decor Company Profile

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.