Floor & Decor (FND) to Release Quarterly Earnings on Thursday

Floor & Decor (NYSE:FNDGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Floor & Decor Stock Performance

NYSE:FND opened at $109.75 on Wednesday. Floor & Decor has a 1 year low of $76.30 and a 1 year high of $116.70. The firm’s fifty day simple moving average is $108.02 and its 200 day simple moving average is $97.39. The company has a current ratio of 1.14, a quick ratio of 0.20 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $11.70 billion, a PE ratio of 42.70, a PEG ratio of 4.75 and a beta of 1.83.

Insider Activity at Floor & Decor

In related news, EVP David Victor Christopherson sold 19,634 shares of Floor & Decor stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $114.50, for a total transaction of $2,248,093.00. Following the completion of the transaction, the executive vice president now directly owns 36,552 shares of the company’s stock, valued at approximately $4,185,204. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Floor & Decor

A number of institutional investors have recently modified their holdings of FND. Quarry LP bought a new position in shares of Floor & Decor in the fourth quarter worth about $33,000. Stephens Inc. AR raised its stake in shares of Floor & Decor by 72.5% in the first quarter. Stephens Inc. AR now owns 545 shares of the company’s stock worth $54,000 after acquiring an additional 229 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Floor & Decor in the first quarter worth about $57,000. Benjamin Edwards Inc. bought a new position in shares of Floor & Decor in the second quarter worth about $58,000. Finally, Parkside Financial Bank & Trust grew its position in shares of Floor & Decor by 168.4% during the 1st quarter. Parkside Financial Bank & Trust now owns 730 shares of the company’s stock worth $59,000 after buying an additional 458 shares during the period.

Wall Street Analysts Forecast Growth

FND has been the topic of a number of research analyst reports. Piper Sandler raised their target price on shares of Floor & Decor from $74.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, January 16th. Telsey Advisory Group raised their price target on shares of Floor & Decor from $85.00 to $95.00 and gave the stock a “market perform” rating in a research report on Friday, February 16th. Stifel Nicolaus lowered shares of Floor & Decor from a “buy” rating to a “hold” rating and raised their price target for the stock from $95.00 to $115.00 in a research report on Wednesday, December 20th. Sanford C. Bernstein lowered shares of Floor & Decor from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $100.00 to $115.00 in a research report on Tuesday, January 16th. Finally, BNP Paribas lowered shares of Floor & Decor from an “outperform” rating to an “underperform” rating in a research report on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $99.35.

Check Out Our Latest Stock Report on Floor & Decor

Floor & Decor Company Profile

(Get Free Report)

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer and commercial flooring distributor 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.

Further Reading

Earnings History for Floor & Decor (NYSE:FND)

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