Floor & Decor (NYSE:FND) Reaches New 52-Week Low – What’s Next?

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $43.02 and last traded at $44.1760, with a volume of 200174 shares. The stock had previously closed at $44.98.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FND. Morgan Stanley reaffirmed a “positive” rating and set a $56.00 target price on shares of Floor & Decor in a research note on Friday, May 1st. Wells Fargo & Company decreased their target price on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Guggenheim decreased their target price on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, May 1st. UBS Group decreased their target price on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Finally, Robert W. Baird set a $63.00 target price on shares of Floor & Decor in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $59.17.

Floor & Decor Stock Up 6.2%

The stock’s fifty day moving average price is $50.96 and its 200 day moving average price is $60.41. The stock has a market cap of $5.07 billion, a PE ratio of 25.53, a PEG ratio of 3.80 and a beta of 1.63.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the company earned $0.46 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities research analysts expect that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the sale, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. This represents a 17.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Bryan Langley purchased 2,500 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were purchased at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the acquisition, the chief financial officer owned 42,016 shares of the company’s stock, valued at approximately $2,045,759.04. The trade was a 6.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Floor & Decor

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new stake in Floor & Decor in the third quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after purchasing an additional 247 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in Floor & Decor in the fourth quarter worth approximately $34,000. Clearstead Advisors LLC boosted its holdings in Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 384 shares during the last quarter. Finally, State of Wyoming purchased a new stake in Floor & Decor in the second quarter worth approximately $46,000.

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.