Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) insider Thomas Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Floor & Decor Stock Performance
FND opened at $59.28 on Tuesday. The company has a 50 day simple moving average of $55.14 and a two-hundred day simple moving average of $56.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The firm has a market cap of $6.31 billion, a P/E ratio of 27.57, a PEG ratio of 5.08 and a beta of 1.57. Floor & Decor Holdings, Inc. has a 1-year low of $42.64 and a 1-year high of $92.40.
Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the firm earned $0.58 EPS. The company's revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities analysts forecast that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Floor & Decor
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FND. Littlejohn & Co. LLC purchased a new stake in shares of Floor & Decor in the fourth quarter worth approximately $7,916,000. WINTON GROUP Ltd purchased a new position in Floor & Decor during the 4th quarter valued at $5,163,000. Black Cypress Capital Management LLC boosted its holdings in Floor & Decor by 135.0% during the 4th quarter. Black Cypress Capital Management LLC now owns 201,673 shares of the company's stock valued at $12,280,000 after acquiring an additional 115,858 shares during the period. Principal Financial Group Inc. grew its position in Floor & Decor by 0.4% in the 4th quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company's stock valued at $390,981,000 after acquiring an additional 22,636 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company's stock worth $236,368,000 after purchasing an additional 3,881,522 shares during the period.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on FND shares. Mizuho decreased their price target on Floor & Decor from $72.00 to $58.00 and set a "neutral" rating on the stock in a report on Friday, May 8th. Truist Financial increased their target price on Floor & Decor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. TD Cowen reissued a "hold" rating on shares of Floor & Decor in a research note on Monday, August 3rd. Piper Sandler boosted their price target on shares of Floor & Decor from $70.00 to $72.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Floor & Decor from $78.00 to $48.00 and set a "neutral" rating on the stock in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $59.42.
View Our Latest Research Report on Floor & Decor
About Floor & Decor
(
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Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.
Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.
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