Ground & Decor Holdings, Inc. (NYSE:FND – Get Rating) has obtained a consensus recommendation of “Moderate Get” from the fifteen brokerages that are covering the business, MarketBeat.com reviews. Four analysis analysts have rated the stock with a keep rating and seven have issued a get ranking on the corporation. The normal 1 year concentrate on rate among analysts that have current their coverage on the inventory in the final 12 months is $107.75.
A quantity of analysts lately issued stories on the firm. Gordon Haskett minimize Flooring & Decor from a “acquire” ranking to an “accumulate” rating in a investigate take note on Friday, Might 6th. Piper Sandler reduced their goal price tag on Ground & Decor from $136.00 to $102.00 in a analysis note on Thursday, April 7th. Wells Fargo & Company minimized their selling price concentrate on on Flooring & Decor from $105.00 to $95.00 and established an “overweight” score for the business in a investigate report on Wednesday, June 8th. TheStreet downgraded Ground & Decor from a “b” score to a “c+” rating in a study report on Tuesday, March 22nd. Finally, Jefferies Money Team lessened their value goal on Ground & Decor from $150.00 to $146.00 and established a “purchase” ranking for the enterprise in a research report on Thursday, March 17th.
Shares of FND stock opened at $71.61 on Friday. The inventory has a 50-day transferring common of $71.51 and a 200-working day going typical of $89.58. Flooring & Decor has a just one 12 months small of $59.91 and a a single yr substantial of $145.89. The organization has a personal debt-to-equity ratio of .14, a latest ratio of 1.21 and a fast ratio of .16. The stock has a market cap of $7.58 billion, a PE ratio of 27.76, a price-to-earnings-progress ratio of 1.00 and a beta of 1.77.
Ground & Decor (NYSE:FND – Get Ranking) final posted its earnings results on Thursday, May 5th. The enterprise claimed $.67 earnings for each share (EPS) for the quarter, topping analysts’ consensus estimates of $.64 by $.03. Floor & Decor experienced a return on equity of 20.21% and a net margin of 7.57%. The small business experienced profits of $1.03 billion during the quarter, when compared to analysts’ expectations of $1 billion. For the duration of the very same period of time in the prior yr, the organization attained $.68 EPS. Flooring & Decor’s income for the quarter was up 31.5% when compared to the identical quarter previous 12 months. As a group, research analysts anticipate that Ground & Decor will write-up 2.89 earnings for every share for the existing calendar year.
A amount of institutional investors have a short while ago made modifications to their positions in the enterprise. Quadrant Money Team LLC improved its situation in Floor & Decor by 163.6% for the duration of the 4th quarter. Quadrant Money Group LLC now owns 203 shares of the company’s stock really worth $26,000 soon after acquiring an supplemental 126 shares throughout the interval. Confluence Prosperity Providers Inc. purchased a new place in Flooring & Decor for the duration of the 4th quarter really worth $30,000. Ahrens Expenditure Partners LLC acquired a new place in Ground & Decor all through the 4th quarter value $39,000. Countrywide Financial institution of Canada FI acquired a new place in Floor & Decor through the 4th quarter worthy of $52,000. Last but not least, SJS Investment decision Consulting Inc. purchased a new posture in Flooring & Decor for the duration of the 1st quarter truly worth $32,000. 96.48% of the stock is owned by institutional investors and hedge resources.
About Floor & Decor (Get Score)
Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer and industrial flooring distributor of really hard surface flooring and related add-ons. The firm’s merchants offer you tile, wooden, laminate, vinyl, and pure stone flooring merchandise, as properly as attractive and set up equipment.
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