In today’s recent session, 0.53 million shares of the Floor & Decor Holdings Inc (NYSE:FND) have been traded, and its beta is 1.79. Most recently the company’s share price was $72.71, and it changed around -$0.33 or -0.44% from the last close, which brings the market valuation of the company to $7.82B. FND at last check was trading at a discount to its 52-week high of $126.74, offering almost -74.31% off that amount. The share price’s 52-week low was $66.01, which indicates that the recent value has risen by an impressive 9.21% since then. We note from Floor & Decor Holdings Inc’s average daily trading volume that its 10-day average is 3.74 million shares, with the 3-month average coming to 2.18 million.
Floor & Decor Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.59. If we narrow it down even further, the data shows that 1 out of 27 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 15 recommended FND as a Hold, whereas 9 deemed it a Buy, and 2 rated it as Underweight. Floor & Decor Holdings Inc is expected to report earnings per share of 0.45 for the current quarter.
Floor & Decor Holdings Inc (NYSE:FND) trade information
Instantly FND has been showing red trend so far today with a performance of -0.44% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 79.03 on recent trading dayincreased the stock’s daily price by 8.0%. The company’s shares are currently down -27.07% year-to-date, but still up 4.04% over the last five days. On the other hand, Floor & Decor Holdings Inc (NYSE:FND) is -15.28% down in the 30-day period. We can see from the shorts that 8.66 million shares have been sold at a short interest cover period of 4.44 day(s).
The consensus price target as assigned by Wall Street analysts is $95, which translates to bulls needing to increase their stock price by 23.46% from its current value. Analyst projections state that FND is forecast to be at a low of $90 and a high of $100.
Floor & Decor Holdings Inc (FND) estimates and forecasts
The year-over-year growth rate is expected to be 8.22%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 1.16B in revenue for the current quarter. 20 analysts expect Floor & Decor Holdings Inc to make 1.23B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.1B and 1.13B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.00%. Forecasts for the next quarter put sales growth at 8.28%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.78%. Floor & Decor Holdings Inc earnings are expected to increase by 3.71% in 2025, but the outlook is positive 20.08% per year for the next five years.
FND Dividends
Floor & Decor Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Feb-19.
Floor & Decor Holdings Inc (NYSE:FND)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.36% of Floor & Decor Holdings Inc shares, and 109.09% of them are in the hands of institutional investors. The stock currently has a share float of 110.60%. Floor & Decor Holdings Inc stock is held by 568.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.9441% of the shares, which is about 16.0 million shares worth $1.59 billion.
CAPITAL WORLD INVESTORS, with 9.863% or 10.56 million shares worth $1.05 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
GROWTH FUND OF AMERICA and AMCAP FUND were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.55 shares worth $694.95 million, making up 8.88% of all outstanding shares. On the other hand, AMCAP FUND held roughly 5.9 shares worth around $429.19 million, which represents about 5.48% of the total shares outstanding.
