Floor & Decor Holdings, Inc. (NYSE:FND) Receives Consensus Rating of “Hold” from Analysts

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have earned an average recommendation of “Hold” from the eighteen brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $105.67.

Several brokerages have recently issued reports on FND. Stifel Nicolaus upped their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a report on Monday, November 4th. Mizuho upped their target price on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Barclays upgraded shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. Wedbush reiterated an “outperform” rating and issued a $110.00 price target on shares of Floor & Decor in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. upped their price target on shares of Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday.

Hedge Funds Weigh In On Floor & Decor

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Research Inc. grew its stake in shares of Floor & Decor by 0.7% during the 4th quarter. Advisory Research Inc. now owns 17,271 shares of the company’s stock worth $1,722,000 after purchasing an additional 115 shares during the period. Marshall Wace LLP acquired a new position in shares of Floor & Decor during the 4th quarter worth $109,574,000. Jump Financial LLC acquired a new position in shares of Floor & Decor during the 4th quarter worth $432,000. AGP Franklin LLC acquired a new position in shares of Floor & Decor during the 4th quarter worth $2,398,000. Finally, Giverny Capital Inc. grew its stake in shares of Floor & Decor by 1.4% during the 4th quarter. Giverny Capital Inc. now owns 233,921 shares of the company’s stock worth $23,322,000 after purchasing an additional 3,240 shares during the period.

Floor & Decor Trading Up 2.1 %

Shares of Floor & Decor stock opened at $97.96 on Friday. The company has a fifty day simple moving average of $101.50 and a 200-day simple moving average of $105.96. Floor & Decor has a 12-month low of $89.06 and a 12-month high of $135.67. 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 stock has a market cap of $10.50 billion, a price-to-earnings ratio of 54.42, a PEG ratio of 11.51 and a beta of 1.83.

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.