Floor & Decor (NYSE:FND) Price Target Cut to $65.00 by Analysts at Truist Financial

Floor & Decor (NYSE:FND) had its price target dropped by Truist Financial from $70.00 to $65.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial‘s price target indicates a potential upside of 37.55% from the company’s previous close.

Other analysts have also issued research reports about the company. The Goldman Sachs Group set a $53.00 target price on Floor & Decor in a report on Saturday, August 1st. Bank of America reaffirmed an “underperform” rating on shares of Floor & Decor in a research report on Friday. Piper Sandler increased their target price 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. Wolfe Research reaffirmed an “underperform” rating and issued a $41.00 price target on shares of Floor & Decor in a research note on Tuesday, July 21st. Finally, Morgan Stanley increased their price objective on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Floor & Decor currently has an average rating of “Hold” and a consensus price target of $55.25.

Floor & Decor Stock Performance

Shares of FND traded down $3.08 during trading hours on Friday, reaching $47.26. 2,154,897 shares of the company’s stock traded hands, compared to its average volume of 2,730,262. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 21.97, a P/E/G ratio of 3.90 and a beta of 1.60. 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 business’s fifty day simple moving average is $47.94 and its two-hundred day simple moving average is $55.03. Floor & Decor has a twelve month low of $42.64 and a twelve month high of $77.46.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.22 billion. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned $0.53 earnings per share. Analysts predict that Floor & Decor will post 1.96 earnings per share for the current year.

Insider Buying and Selling at Floor & Decor

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction 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 sale, the insider owned 229,820 shares in the company, valued at $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.80% of the company’s stock.

Institutional Trading of Floor & Decor

Several institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC acquired a new stake in shares of Floor & Decor in the 1st quarter valued at $31,000. Versant Capital Management Inc increased its position in shares of Floor & Decor by 3,263.2% during the 3rd quarter. Versant Capital Management Inc now owns 639 shares of the company’s stock worth $29,000 after purchasing an additional 620 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new position in Floor & Decor in the third quarter valued at about $43,000. Leonteq Securities AG raised its stake in shares of Floor & Decor by 320.7% in the first quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock valued at $55,000 after acquiring an additional 821 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new stake in Floor & Decor during the 2nd quarter valued at $68,000.

Key Headlines Impacting Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Third-quarter adjusted earnings were $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth, indicating margin and earnings resilience despite a challenging retail environment. Floor & Decor third-quarter financial results
• Positive Sentiment: Quarterly revenue reached approximately $1.21 billion and increased 3% year over year, broadly in line with expectations. The earnings call also emphasized continued strength in professional-customer sales. Floor & Decor Q3 earnings call highlights
• Neutral Sentiment: Floor & Decor announced a board succession plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. The changes support board refreshment but do not immediately alter operating results. Floor & Decor board leadership transition
• Negative Sentiment: Comparable-store sales declined 1.4% in the quarter, and revenue slightly missed the $1.22 billion consensus estimate. The sales softness raises concerns about consumer demand and near-term growth.
• Negative Sentiment: Telsey Advisory Group downgraded FND from “outperform” to “market perform” and cut its price target from $68 to $50, signaling reduced confidence in the stock’s upside. Zacks Research separately downgraded the shares to “strong sell.”
• Negative Sentiment: Bearish positioning intensified, with traders purchasing 16,864 put options—about 1,341% above typical volume—indicating heightened expectations for downside or increased demand for downside protection.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.