While Floor & Decor Holdings Inc has overperformed by 2.17%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FND fell by -0.43%, with highs and lows ranging from $135.67 to $89.06, whereas the simple moving average fell by -0.96% in the last 200 days.
On January 08, 2025, Barclays Upgraded Floor & Decor Holdings Inc (NYSE: FND) to Equal Weight. A report published by Telsey Advisory Group on August 02, 2024, Reiterated its previous ‘Market Perform’ rating for FND. Telsey Advisory Group also reiterated FND shares as ‘Market Perform’, quoting a target price of $100 on the company’s shares in a report dated July 24, 2024. Citigroup Reiterated the rating as Neutral on July 19, 2024, but set its price target from $109 to $104. TD Cowen initiated its ‘Hold’ rating for FND, as published in its report on April 10, 2024. Mizuho’s report from March 19, 2024 suggests a price prediction of $115 for FND shares, giving the stock a ‘Neutral’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of Floor & Decor Holdings Inc (FND)
Further, the quarter-over-quarter increase in sales is 0.91%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Floor & Decor Holdings Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 9.78% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.29, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and FND is recording an average volume of 1.69M. On a monthly basis, the volatility of the stock is set at 3.05%, whereas on a weekly basis, it is put at 3.13%, with a gain of 6.71% over the past seven days. Furthermore, long-term investors anticipate a median target price of $104.12, showing decline from the present price of $106.49, which can serve as yet another indication of whether FND is worth investing in or should be passed over.
How Do You Analyze Floor & Decor Holdings Inc Shares?
A leading company in the Home Improvement Retail sector, Floor & Decor Holdings Inc (FND) is based in the USA. When comparing Floor & Decor Holdings Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 58.96, there is a growth in quarterly earnings of -21.81%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.57%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 112.54% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FND shares are owned by institutional investors to the tune of 112.54% at present.
