At the time of writing, Floor & Decor Holdings Inc [FND] stock is trading at $117.11, up 3.15%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FND shares have gain 6.38% over the last week, with a monthly amount glided 9.50%, 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 23, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $110 from $95. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on February 16, 2024, and elevated its price target to $95. On January 16, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $115 on the stock. Wells Fargo downgraded its rating to a Equal Weight and increased its price target to $105 on January 04, 2024. Stifel downgraded its rating to a Hold and raised its price target to $115 on December 20, 2023. Exane BNP Paribas downgraded its rating to Underperform for this stock on November 29, 2023. In a note dated October 05, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $122 to $90.
For the past year, the stock price of Floor & Decor Holdings Inc fluctuated between $76.30 and $116.70. 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 $117.11 at the most recent close of the market. An investor can expect a potential return of 4.0% based on the average FND price forecast.
Analyzing the FND fundamentals
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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 114.18 points at the first support level, and at 111.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.96, and for the 2nd resistance point, it is at 120.82.
Floor & Decor Holdings Inc [FND] reported earnings per share of $0.34 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.26/share, meaning a difference of $0.08 and a surprise factor of 30.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.61 per share as compared to estimates of $0.56 per share, a difference of $0.05 representing a surprise of 8.90%.
Ratios To Look Out For
It is important to note that Floor & Decor Holdings Inc [NYSE:FND] has a current ratio of 1.14. Further, the Quick Ratio stands at 0.18, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 6.47 and price to earnings (TTM) ratio is 51.35.
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.
