Telsey Advisory Group Weighs in on Floor & Decor Q4 Earnings

Floor & Decor Holdings, Inc. (NYSE:FND) – Equities researchers at Telsey Advisory Group decreased their Q4 2024 EPS estimates for Floor & Decor in a report released on Thursday, October 31st. Telsey Advisory Group analyst J. Feldman now anticipates that the company will post earnings of $0.24 per share for the quarter, down from their prior estimate of $0.26. Telsey Advisory Group currently has a “Market Perform” rating and a $95.00 target price on the stock. The consensus estimate for Floor & Decor’s current full-year earnings is $1.66 per share. Telsey Advisory Group also issued estimates for Floor & Decor’s Q1 2025 earnings at $0.51 EPS, Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.36 EPS and FY2025 earnings at $2.13 EPS.

A number of other research firms have also recently commented on FND. Mizuho boosted their price objective on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday. Robert W. Baird decreased their price objective on Floor & Decor from $127.00 to $115.00 and set an “outperform” rating on the stock in a report on Monday, July 29th. Citigroup lowered their target price on shares of Floor & Decor from $109.00 to $104.00 and set a “neutral” rating on the stock in a research note on Friday, July 19th. JPMorgan Chase & Co. reduced their target price on shares of Floor & Decor from $99.00 to $92.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, Wedbush reiterated an “outperform” rating and issued a $110.00 price objective on shares of Floor & Decor in a report on Friday, October 25th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $104.24.

Floor & Decor Stock Performance

Shares of NYSE FND opened at $103.76 on Friday. The company has a 50 day simple moving average of $111.62 and a two-hundred day simple moving average of $108.78. The company has a current ratio of 1.17, a quick ratio of 0.27 and a debt-to-equity ratio of 0.10. The stock has a market cap of $11.12 billion, a price-to-earnings ratio of 57.64, a PEG ratio of 13.59 and a beta of 1.80. Floor & Decor has a 12 month low of $76.30 and a 12 month high of $135.67.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.14 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.84%. Floor & Decor’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.61 earnings per share.

Institutional Investors Weigh In On Floor & Decor

Several institutional investors have recently added to or reduced their stakes in FND. Chris Bulman Inc purchased a new stake in shares of Floor & Decor during the 2nd quarter worth approximately $30,000. Blue Trust Inc. raised its stake in Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock worth $34,000 after acquiring an additional 196 shares in the last quarter. J.Safra Asset Management Corp lifted its position in Floor & Decor by 630.5% in the second quarter. J.Safra Asset Management Corp now owns 431 shares of the company’s stock valued at $43,000 after acquiring an additional 372 shares during the last quarter. GAMMA Investing LLC boosted its stake in Floor & Decor by 36.7% in the second quarter. GAMMA Investing LLC now owns 704 shares of the company’s stock valued at $70,000 after acquiring an additional 189 shares in the last quarter. Finally, RiverPark Advisors LLC grew its holdings in shares of Floor & Decor by 361.1% during the first quarter. RiverPark Advisors LLC now owns 604 shares of the company’s stock worth $78,000 after purchasing an additional 473 shares during the last quarter.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.