Floor & Decor Holdings Inc [FND] stock prices are up 3.88% to $113.53 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FND shares have gain 3.92% over the last week, with a monthly amount glided 5.05%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 22, February 2024, Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results. In a post published today on Yahoo Finance, Highlights for the Fourth Quarter of Fiscal 2023:.
From an analyst’s perspective:
Floor & Decor Holdings Inc [NYSE: FND] stock has seen the most recent analyst activity on February 16, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $95 from $85. Previously, Bernstein downgraded its rating to Mkt Perform on January 16, 2024, and elevated its price target to $115. On January 04, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $105 on the stock. Stifel downgraded its rating to a Hold and increased its price target to $115 on December 20, 2023. Exane BNP Paribas downgraded its rating to a Underperform. Citigroup downgraded its rating to Neutral for this stock on October 05, 2023, and downed its price target to $90. In a note dated September 07, 2023, Stifel initiated an Buy rating and provided a target price of $120 on this stock.
The stock price of Floor & Decor Holdings Inc [FND] has been fluctuating between $76.30 and $116.70 over the past year. Currently, Wall Street analysts expect the stock to reach $121.79 within the next 12 months. Floor & Decor Holdings Inc [NYSE: FND] shares were valued at $113.53 at the most recent close of the market. An investor can expect a potential return of 7.28% based on the average FND price forecast.
Analyzing the FND fundamentals
The Floor & Decor Holdings Inc [NYSE:FND] reported sales of 4.41B for trailing twelve months, representing a surge of 0.91%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
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 111.09 points at the first support level, and at 108.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.31, and for the 2nd resistance point, it is at 117.08.
Floor & Decor Holdings Inc [FND] reported earnings per share of $0.61 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.56/share, meaning a difference of $0.05 and a surprise factor of 8.90%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.66 per share as compared to estimates of $0.66 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that Floor & Decor Holdings Inc [NYSE:FND]’s Current Ratio is 1.14. Also, the Quick Ratio is 0.20, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 2.74, the price to book ratio is 6.42 and price to earnings (TTM) ratio is 43.98.
Transactions by insiders
Recent insider trading involved Christopherson David Victor, EVP AND GENERAL COUNSEL, that happened on Dec 21 when 19634.0 shares were sold. CHIEF EXECUTIVE OFFICER, TAYLOR THOMAS V completed a deal on Dec 15 to sell 50000.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER TAYLOR THOMAS V sold 50000.0 shares on Dec 14.
