What is the stock price trajectory of Floor & Decor Holdings Inc. (FND)?

Currently, Floor & Decor Holdings Inc. [FND] is trading at $87.22, down -0.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The FND shares have gain 3.85% over the last week, with a monthly amount glided 20.32%, and seem to be holding up well over a long-time horizon.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…

Sponsored

On 17, January 2023, Floor & Decor Launches the Grand Opening of its Surprise, Arizona Store. In a post published today on Yahoo Finance, Grand Opening Celebration and Pro Event.

From an analyst’s perspective:

Floor & Decor Holdings Inc. [NYSE: FND] stock has seen the most recent analyst activity on December 20, 2022, when Credit Suisse initiated its Neutral rating and assigned the stock a price target of $80. Previously, Bernstein started tracking the stock with Outperform rating on December 06, 2022, and set its price target to $112. On July 29, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $75 on the stock. Goldman downgraded its rating to a Neutral and decreased its price target to $64 on June 27, 2022. MKM Partners initiated its recommendation with a Neutral and recommended $65 as its price target on June 23, 2022. In a note dated May 14, 2021, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $135 to $140.

This stock has fluctuated between a low of $59.91 and a high of $112.79 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $87.10 within the next 12 months. Floor & Decor Holdings Inc. [NYSE: FND] shares were valued at $87.22 at the most recent close of the market. An investor can expect a potential drop of -0.14% based on the average FND price forecast.

Analyzing the FND fundamentals

Recent quarter sales for Floor & Decor Holdings Inc. [NYSE:FND] were 1.1 billion which represents 25.20% growth.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 86.13 points at the first support level, and at 85.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.05, and for the 2nd resistance point, it is at 88.88.

Floor & Decor Holdings Inc. [FND] reported earnings per share of $0.76 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.73/share, meaning a difference of $0.03 and a surprise factor of 4.10%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $0.67 per share as compared to estimates of $0.65 per share, a difference of $0.02 representing a surprise of 3.10%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Floor & Decor Holdings Inc. [NYSE:FND] is 1.40.

Transactions by insiders

The next item on our agenda is insider trading, which has seen 1 insider purchases totaling 9,818 shares and 2 insider sales totaling 1,005 shares over the past 3 months. Recent insider trading involved DENNY STEVEN ALAN, EVP, STORE OPERATIONS, that happened on Aug 08 when 6028.0 shares were sold. Director, MARSHALL RYAN completed a deal on May 13 to buy 350.0 shares. Meanwhile, Director GILES WILLIAM T bought 2000.0 shares on Mar 01.