Floor & Decor Holdings Inc. (NYSE:FND)’s traded shares stood at 0.59 million during the last session, with the company’s beta value hitting 1.86. At the close of trading, the stock’s price was $118.16, to imply a decrease of -1.65% or -$1.98 in intraday trading. The FND share’s 52-week high remains $132.07, putting it -11.77% down since that peak but still an impressive 41.27% since price per share fell to its 52-week low of $69.39. The company has a valuation of $12.65B, with an average of 0.65 million shares in intraday trading volume over the past 10 days and average of 687.75K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Floor & Decor Holdings Inc. (FND), translating to a mean rating of 1.70. Of 23 analyst(s) looking at the stock, 0 analyst(s) give FND a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 19 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.56.
Floor & Decor Holdings Inc. (NYSE:FND) trade information
After registering a -1.65% downside in the last session, Floor & Decor Holdings Inc. (FND) has traded red over the past five days. The stock hit a weekly high of 122.40 this Friday, 10/08/21, dropping -1.65% in its intraday price action. The 5-day price performance for the stock is -0.50%, and -5.15% over 30 days. With these gigs, the year-to-date price performance is 27.26%. Short interest in Floor & Decor Holdings Inc. (NYSE:FND) saw shorts transact 2.62 million shares and set a 3.46 days time to cover.
Analysts on Wall Street suggest a consensus price target of $137.18, implying an increase of 13.86% to the stock’s current value. The extremes give us $117.00 and $150.00 for target low and target high price respectively. As such, FND has been trading -26.95% off suggested target high and 0.98% from its likely low.
Floor & Decor Holdings Inc. (FND) estimates and forecasts
Looking at statistics comparing Floor & Decor Holdings Inc. share performance against respective industry, we note that the company has outperformed competitors. Floor & Decor Holdings Inc. (FND) shares are 4.72% up over the last 6 months, with its year-to-date growth rate higher than industry average at 66.00% against 34.40%. The rating firms project that company’s revenue will grow 37.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 19 analysts is $854.4 million. Meanwhile, for the quarter ending Dec 2021, a total of 19 analyst(s) estimate revenue growth to $840.13 million.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 44.60% for the past 5-year period. While 2021 is set for a 28.00% return in earnings, projections for the next 5 years are at 31.25% annually.
Floor & Decor Holdings Inc. has its next earnings report out between October 27 and November 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Floor & Decor Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Floor & Decor Holdings Inc. (NYSE:FND)’s Major holders
Floor & Decor Holdings Inc. insiders hold 2.28% of total outstanding shares, with institutional holders owning 98.28% of the shares at 100.57% float percentage. In total, 98.28% institutions holds shares in the company, led by Capital World Investors. As of Jun 29, 2021, the company held over 11.53 million shares (or 10.96% of shares), all amounting to roughly $1.22 billion.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 9.44 million shares, or about 8.97% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $997.41 million.
We also have Smallcap World Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Floor & Decor Holdings Inc. (FND) shares. Going by data provided on Mar 30, 2021, Smallcap World Fund holds roughly 4.12 million shares. This is just over 3.92% of the total shares, with a market valuation of $393.85 million. Data from the same date shows that the other fund manager holds a little less at 2.8 million, or 2.66% of the shares, all valued at about 267.16 million.