Telsey Advisory Group upgraded shares of Floor & Decor (NYSE:FND – Free Report) from a market perform rating to an outperform rating in a research report sent to investors on Friday, Marketbeat reports. Telsey Advisory Group currently has $115.00 target price on the stock, up from their previous target price of $95.00. Telsey Advisory Group also issued estimates for Floor & Decor’s FY2026 earnings at $2.77 EPS.
A number of other equities analysts also recently weighed in on FND. Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $75.00 to $91.00 in a research note on Wednesday, January 8th. Stifel Nicolaus increased their price target on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. Mizuho increased their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Wells Fargo & Company increased their price target on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Finally, The Goldman Sachs Group downgraded shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price target on the stock. in a research note on Thursday, January 30th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Floor & Decor has a consensus rating of “Hold” and a consensus price target of $106.22.
View Our Latest Research Report on Floor & Decor
Floor & Decor Stock Down 0.3 %
Institutional Investors Weigh In On Floor & Decor
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Conway Capital Management Inc. purchased a new stake in Floor & Decor during the 3rd quarter worth $1,090,000. Massachusetts Financial Services Co. MA increased its stake in Floor & Decor by 221.6% during the 3rd 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 increased its stake in Floor & Decor by 7.1% during the 3rd 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 holdings in Floor & Decor by 27.2% during the 3rd quarter. Citigroup Inc. now owns 77,568 shares of the company’s stock worth $9,632,000 after acquiring an additional 16,569 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Floor & Decor by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 829,530 shares of the company’s stock worth $103,003,000 after acquiring an additional 12,109 shares in the last quarter.
Floor & Decor Company Profile
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.
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