Ground & Decor (NYSE:FND – Get Ranking) experienced its concentrate on price tag trimmed by UBS Team from $120.00 to $110.00 in a report issued on Monday early morning, The Fly studies. The brokerage at this time has a acquire rating on the stock.
Other analysis analysts also lately issued investigate experiences about the business. Piper Sandler reduced their target price tag on Flooring & Decor from $136.00 to $102.00 in a report on Thursday, April 7th. Gordon Haskett lower Flooring & Decor from a obtain ranking to an accumulate score in a investigate report on Friday, May 6th. The Goldman Sachs Group minimize Flooring & Decor from a buy ranking to a neutral rating and diminished their rate goal for the stock from $109.00 to $64.00 in a exploration report on Monday, June 27th. Citigroup diminished their price tag concentrate on on Ground & Decor from $137.00 to $106.00 in a exploration report on Friday, Could 13th. Ultimately, Morgan Stanley minimized their value focus on on Flooring & Decor from $120.00 to $105.00 and set an equivalent fat score for the business in a investigation report on Wednesday, July 20th. 4 equities study analysts have rated the inventory with a keep score and eleven have offered a invest in ranking to the company’s inventory. In accordance to MarketBeat.com, Ground & Decor currently has an typical ranking of Reasonable Obtain and a consensus value focus on of $107.00.
Flooring & Decor Stock Down 2.8 %
FND stock opened at $74.96 on Monday. Floor & Decor has a fifty-two week minimal of $59.91 and a fifty-two 7 days high of $145.89. The business’s 50-day going normal is $71.15 and its two-hundred day going typical is $85.58. The business has a personal debt-to-equity ratio of .14, a brief ratio of .16 and a present ratio of 1.21. The enterprise has a market cap of $7.94 billion, a rate-to-earnings ratio of 29.05, a P/E/G ratio of 1.11 and a beta of 1.77.
Flooring & Decor (NYSE:FND – Get Rating) last posted its earnings benefits on Thursday, May perhaps 5th. The firm reported $.67 earnings per share for the quarter, beating analysts’ consensus estimates of $.64 by $.03. Flooring & Decor experienced a return on equity of 20.21% and a web margin of 7.57%. The enterprise had earnings of $1.03 billion for the quarter, as opposed to the consensus estimate of $1 billion. For the duration of the very same quarter in the prior yr, the corporation acquired $.68 earnings for every share. Ground & Decor’s profits was up 31.5% on a year-about-calendar year foundation. As a group, analysts forecast that Floor & Decor will put up 2.89 earnings for every share for the current calendar year.
Hedge Funds Weigh In On Flooring & Decor
Institutional investors have not long ago added to or minimized their stakes in the company. Quadrant Funds Group LLC grew its holdings in Ground & Decor by 163.6% through the 4th quarter. Quadrant Cash Team LLC now owns 203 shares of the company’s inventory valued at $26,000 after acquiring an further 126 shares in the very last quarter. Confluence Prosperity Expert services Inc. ordered a new placement in Ground & Decor in the course of the 4th quarter valued at roughly $30,000. Countrywide Lender of Canada FI obtained a new posture in Flooring & Decor in the course of the 4th quarter valued at roughly $52,000. SJS Investment Consulting Inc. procured a new placement in Flooring & Decor during the 1st quarter valued at roughly $32,000. Ultimately, Ellevest Inc. grew its holdings in Floor & Decor by 40.5% all through the 1st quarter. Ellevest Inc. now owns 617 shares of the company’s stock valued at $50,000 immediately after acquiring an more 178 shares in the past quarter. Hedge money and other institutional investors individual 96.48% of the company’s inventory.
About Ground & Decor
Ground & Decor Holdings, Inc operates as a multi-channel specialty retailer and business flooring distributor of really hard floor flooring and linked accessories. The company’s retailers provide tile, wood, laminate, vinyl, and normal stone flooring items, as properly as ornamental and set up equipment.
Obtain News & Ratings for Flooring & Decor Everyday – Enter your e mail tackle down below to get a concise daily summary of the newest news and analysts’ scores for Ground & Decor and similar firms with MarketBeat.com’s Free of charge everyday email publication.