Wedbush Comments on Floor & Decor’s Q1 Earnings (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) – Wedbush dropped their Q1 2025 earnings estimates for Floor & Decor in a research note issued to investors on Friday, February 21st. Wedbush analyst S. Basham now anticipates that the company will post earnings of $0.41 per share for the quarter, down from their prior estimate of $0.43. Wedbush has a “Neutral” rating and a $100.00 price objective on the stock. The consensus estimate for Floor & Decor’s current full-year earnings is $2.00 per share. Wedbush also issued estimates for Floor & Decor’s Q2 2025 earnings at $0.51 EPS, Q3 2025 earnings at $0.54 EPS, FY2025 earnings at $1.91 EPS and FY2027 earnings at $3.12 EPS.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%.

A number of other equities analysts have also weighed in on the stock. Barclays raised shares of 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 report on Wednesday, January 8th. Mizuho boosted their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. boosted their price objective on shares of Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 10th. Wells Fargo & Company boosted their price objective on shares of Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday, October 28th. Finally, Stifel Nicolaus boosted their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Floor & Decor currently has a consensus rating of “Hold” and an average target price of $106.16.

Floor & Decor Stock Performance

Shares of FND opened at $94.25 on Monday. 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 $10.11 billion, a P/E ratio of 49.61, a PEG ratio of 19.06 and a beta of 1.83. The company has a 50-day moving average of $99.62 and a two-hundred day moving average of $106.06. Floor & Decor has a 12-month low of $89.06 and a 12-month high of $135.67.

Hedge Funds Weigh In On Floor & Decor

Several institutional investors and hedge funds have recently bought and sold shares of FND. Conway Capital Management Inc. purchased a new stake in Floor & Decor during the third quarter worth approximately $1,090,000. Massachusetts Financial Services Co. MA grew its stake in Floor & Decor by 221.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company’s stock worth $60,067,000 after buying an additional 333,338 shares during the period. Sanctuary Advisors LLC grew its stake in Floor & Decor by 7.1% during the third quarter. Sanctuary Advisors LLC now owns 2,725 shares of the company’s stock worth $338,000 after buying an additional 180 shares during the period. Citigroup Inc. grew its stake in Floor & Decor by 27.2% during the third quarter. Citigroup Inc. now owns 77,568 shares of the company’s stock worth $9,632,000 after buying an additional 16,569 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Floor & Decor by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 829,530 shares of the company’s stock worth $103,003,000 after buying an additional 12,109 shares during the period.

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.