Floor & Decor Holdings, Inc. (NYSE:FND) Receives Average Recommendation of “Buy” from Analysts
Floor & Decor Holdings, Inc. (NYSE:FND – Get Ranking) has been given a consensus advice of “Buy” by the fourteen brokerages that are covering the organization, MarketBeat Rankings reports. Two investment analysts have rated the stock with a hold score and 8 have offered a get ranking to the enterprise. The regular 12-month rate goal among the brokerages that have protected the stock in the previous 12 months is $120.55.
Several study companies not too long ago weighed in on FND. Telsey Advisory Group dropped their rate objective on Flooring & Decor from $150.00 to $135.00 and set an “outperform” score for the firm in a study observe on Friday, February 18th. Jefferies Money Group lowered their concentrate on price tag on Floor & Decor from $150.00 to $146.00 and established a “buy” score on the stock in a report on Thursday, March 17th. Piper Sandler reduced their concentrate on value on Ground & Decor from $136.00 to $102.00 in a report on Thursday, April 7th. Robert W. Baird reduced their target cost on Ground & Decor from $130.00 to $110.00 in a report on Monday, May perhaps 2nd. Finally, TheStreet lower Ground & Decor from a “b” score to a “c+” ranking in a report on Tuesday, March 22nd.
Ground & Decor stock opened at $65.97 on Wednesday. Ground & Decor has a twelve month lower of $65.08 and a twelve month high of $145.89. The stock has a 50 working day moving normal of $77.07 and a two-hundred working day relocating ordinary of $97.06. The business has a present-day ratio of 1.21, a swift ratio of .16 and a personal debt-to-fairness ratio of .14. The inventory has a sector capitalization of $6.98 billion, a selling price-to-earnings ratio of 25.57, a PEG ratio of .98 and a beta of 1.76.
Flooring & Decor (NYSE:FND – Get Rating) final issued its earnings success on Thursday, May possibly 5th. The corporation documented $.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $.65 by $.02. The business enterprise had income of $1.03 billion during the quarter, in contrast to the consensus estimate of $1 billion. Floor & Decor experienced a return on fairness of 20.21{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} and a net margin of 7.57{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d}. The company’s profits for the quarter was up 31.5{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} on a calendar year-over-year foundation. In the course of the similar interval in the prior calendar year, the organization posted $.68 EPS. Equities analysts predict that Flooring & Decor will submit 2.89 earnings for each share for the current year.
A number of hedge resources and other institutional traders have lately created improvements to their positions in the company. Verition Fund Management LLC bought a new stake in Floor & Decor in the first quarter valued at about $4,580,000. Walleye Cash LLC amplified its holdings in Flooring & Decor by 41.8{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} in the 1st quarter. Walleye Cash LLC now owns 46,902 shares of the company’s stock valued at $3,799,000 following acquiring an further 13,825 shares through the previous quarter. Neuberger Berman Team LLC improved its holdings in Ground & Decor by 1.2{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} in the to start with quarter. Neuberger Berman Group LLC now owns 1,927,327 shares of the company’s inventory valued at $156,117,000 after shopping for an additional 22,537 shares all through the last quarter. Chicago Companions Financial investment Team LLC elevated its holdings in Floor & Decor by 7.{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} in the initial quarter. Chicago Associates Investment Team LLC now owns 24,408 shares of the company’s stock valued at $1,688,000 right after purchasing an further 1,588 shares in the course of the past quarter. Lastly, BNP Paribas Arbitrage SA elevated its holdings in Floor & Decor by 96.5{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} in the initial quarter. BNP Paribas Arbitrage SA now owns 39,871 shares of the company’s stock valued at $3,230,000 after purchasing an more 19,579 shares for the duration of the past quarter. 96.48{a57a8b399caa4911091be19c47013a92763fdea5dcb0fe03ef6810df8f2f239d} of the inventory is at the moment owned by institutional investors and hedge money.
About Flooring & Decor (Get Rating)
Ground & Decor Holdings, Inc operates as a multi-channel specialty retailer and professional flooring distributor of really hard area flooring and linked extras. The firm’s suppliers offer tile, wood, laminate, vinyl, and natural stone flooring products, as perfectly as decorative and installation equipment.
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