What is the best trade option for Floor & Decor Holdings Inc (FND) stock?

A share price of Floor & Decor Holdings Inc [FND] is currently trading at $103.48, up 3.95%. An important factor to consider is whether the stock is rising or falling in short-term value. The FND shares have gain 1.05% over the last week, with a monthly amount drifted -0.67%, 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 August 02, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $95 from $100. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on July 24, 2024, and dropped its price target to $100. On July 19, 2024, Citigroup reiterated its Neutral rating and revised its price target to $104 on the stock. TD Cowen started tracking the stock assigning a Hold rating and suggested a price target of $125 on April 10, 2024. Mizuho initiated its recommendation with a Neutral and recommended $115 as its price target on March 19, 2024. UBS downgraded its rating to Neutral for this stock on March 05, 2024, but kept the price target unchanged to $135. In a note dated February 23, 2024, Telsey Advisory Group reiterated an Market Perform rating on this stock and boosted its target price from $95 to $110.

Floor & Decor Holdings Inc experienced fluctuations in its stock price throughout the past year between $88.53 and $135.67. Currently, Wall Street analysts expect the stock to reach $119.89 within the next 12 months. Floor & Decor Holdings Inc [NYSE: FND] shares were valued at $103.48 at the most recent close of the market. An investor can expect a potential return of 15.86% based on the average FND price forecast.

Analyzing the FND fundamentals

Trailing Twelve Months sales for Floor & Decor Holdings Inc [NYSE:FND] were 4.40B which represents 0.91% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.

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 99.19 points at the first support level, and at 94.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.34, and for the 2nd resistance point, it is at 109.19.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Floor & Decor Holdings Inc [NYSE:FND] is 1.16. On the other hand, the Quick Ratio is 0.29, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 5.26 and price to earnings (TTM) ratio is 57.29.

Transactions by insiders

Recent insider trading involved Lang Trevor, PRESIDENT, that happened on Nov 01 ’24 when 0.1 million shares were sold. Officer, Trevor S Lang completed a deal on Nov 01 ’24 to buy 0.1 million shares. Meanwhile, EVP – MERCHANDISING SAYMAN ERSAN sold 19309.0 shares on Aug 19 ’24.

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