Floor & Decor (NYSE:FND) Hits New 12-Month Low – What’s Next?

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $54.74 and last traded at $55.3540, with a volume of 461351 shares trading hands. The stock had previously closed at $56.40.

Wall Street Analysts Forecast Growth

FND has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Floor & Decor in a research note on Wednesday, January 28th. TD Cowen reduced their target price on Floor & Decor from $80.00 to $75.00 and set a “hold” rating for the company in a report on Friday, February 20th. UBS Group decreased their target price on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Morgan Stanley lowered their price target on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Finally, Zacks Research raised Floor & Decor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $78.24.

Floor & Decor Stock Down 1.7%

The business’s 50 day simple moving average is $67.61 and its 200-day simple moving average is $68.57. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 1.84 and a beta of 1.72. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. Floor & Decor’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Sell-side analysts expect that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current year.

Institutional Trading of Floor & Decor

Institutional investors have recently added to or reduced their stakes in the business. Capital World Investors increased its stake in shares of Floor & Decor by 8.1% during the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock worth $454,975,000 after purchasing an additional 557,728 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Floor & Decor by 0.4% in the fourth quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock worth $390,981,000 after purchasing an additional 22,636 shares in the last quarter. Morgan Stanley boosted its holdings in Floor & Decor by 10.4% in the fourth quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after purchasing an additional 484,243 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after buying an additional 3,881,522 shares in the last quarter. Finally, State Street Corp raised its holdings in Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock valued at $289,527,000 after buying an additional 42,636 shares in the last quarter.

About Floor & Decor

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.