A share price of Floor & Decor Holdings Inc [FND] is currently trading at $109.58, up 1.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FND shares have lost -4.46% over the last week, with a monthly amount drifted -8.52%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Floor & Decor Holdings Inc [NYSE: FND] stock has seen the most recent analyst activity on April 10, 2024, when TD Cowen initiated its Hold rating and assigned the stock a price target of $125. Previously, Mizuho started tracking the stock with Neutral rating on March 19, 2024, and set its price target to $115. On March 05, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $135 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $110 on February 23, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $95 on February 16, 2024. Bernstein downgraded its rating to Mkt Perform for this stock on January 16, 2024, and upped its price target to $115. In a note dated January 04, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and boosted its target price from $85 to $105.
Floor & Decor Holdings Inc experienced fluctuations in its stock price throughout the past year between $76.30 and $135.67. 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 $109.58 at the most recent close of the market. An investor can expect a potential return of 11.14% 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 108.31 points at the first support level, and at 107.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.51, and for the 2nd resistance point, it is at 113.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Floor & Decor Holdings Inc [NYSE:FND] is 1.14. As well, the Quick Ratio is 0.18, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.66, the price to book ratio is 6.06 and price to earnings (TTM) ratio is 48.05.
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.
