Floor & Decor Holdings Inc [FND] stock prices are down -2.16% to $127.39 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FND shares have gain 7.34% over the last week, with a monthly amount glided 8.78%, 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 March 19, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $115. Previously, UBS downgraded its rating to Neutral on March 05, 2024, and kept the price target unchanged to $135. On February 23, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $110 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $95 on February 16, 2024. Bernstein downgraded its rating to a Mkt Perform and raised its price target to $115 on January 16, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 04, 2024, and upped its price target to $105. In a note dated December 20, 2023, Stifel downgraded an Hold rating on this stock and boosted its target price from $95 to $115.
The stock price of Floor & Decor Holdings Inc [FND] has been fluctuating between $76.30 and $135.67 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 $127.39 at the most recent close of the market. An investor can expect a potential drop of -4.4% based on the average FND price forecast.
Analyzing the FND fundamentals
Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.84.
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 125.88 points at the first support level, and at 124.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.38, and for the 2nd resistance point, it is at 133.36.
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’s worth pointing out that Floor & Decor Holdings Inc [NYSE:FND]’s Current Ratio is 1.14. In addition, the Quick Ratio stands at 0.18 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 7.04 and price to earnings (TTM) ratio is 55.86.
Transactions by insiders
Recent insider trading involved Robbins Brian K, EVP – BUS. DVLPMT, STRATEGY, that happened on Feb 29 ’24 when 22258.0 shares were sold. EVP, STORE OPERATIONS, DENNY STEVEN ALAN completed a deal on Feb 29 ’24 to sell 5152.0 shares. Meanwhile, Director AXELROD NORMAN sold 30000.0 shares on Feb 28 ’24.
