Floor & Decor (NYSE:FND) Stock Rating Upgraded by Telsey Advisory Group

Floor & Decor (NYSE:FND) was upgraded by research analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating in a research report issued on Friday, MarketBeat Ratings reports. The firm currently has a $115.00 target price on the stock, up from their prior target price of $95.00. Telsey Advisory Group’s target price suggests a potential upside of 17.90% from the company’s previous close. Telsey Advisory Group also issued estimates for Floor & Decor’s FY2026 earnings at $2.77 EPS.

A number of other equities analysts also recently weighed in on FND. Wells Fargo & Company boosted their price target on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Barclays upgraded Floor & Decor from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $75.00 to $91.00 in a research note on Wednesday, January 8th. Mizuho raised their price target 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. Stifel Nicolaus boosted their price objective on Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a report on Monday, November 4th. Finally, Piper Sandler reduced their target price on Floor & Decor from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $106.22.

Floor & Decor Stock Down 0.3 %

Floor & Decor stock opened at $97.54 on Friday. Floor & Decor has a fifty-two week low of $89.06 and a fifty-two week high of $135.67. The firm’s 50-day simple moving average is $101.25 and its 200 day simple moving average is $106.03. The stock has a market cap of $10.46 billion, a PE ratio of 54.19, a price-to-earnings-growth ratio of 11.51 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Capital Research Global Investors grew its stake in Floor & Decor by 76.8% in the fourth quarter. Capital Research Global Investors now owns 13,316,446 shares of the company’s stock worth $1,327,653,000 after purchasing an additional 5,784,573 shares during the period. FMR LLC lifted its holdings in shares of Floor & Decor by 34.7% during the third quarter. FMR LLC now owns 5,015,871 shares of the company’s stock valued at $622,821,000 after purchasing an additional 1,291,214 shares in the last quarter. Fisher Funds Management LTD purchased a new stake in shares of Floor & Decor during the 4th quarter valued at about $128,797,000. Marshall Wace LLP bought a new stake in Floor & Decor in the 4th quarter worth approximately $109,574,000. Finally, Madison Investment Advisors LLC bought a new stake in shares of Floor & Decor in the fourth quarter worth $97,552,000.

About Floor & Decor

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.