Floor & Decor (NYSE:FND) Price Target Raised to $110.00 at JPMorgan Chase & Co.

Floor & Decor (NYSE:FND) had its target price hoisted by JPMorgan Chase & Co. from $103.00 to $110.00 in a report released on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other research firms also recently issued reports on FND. Mizuho upped their price objective on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Barclays raised Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $75.00 to $91.00 in a report on Wednesday, January 8th. Stifel Nicolaus upped their price objective on Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a report on Monday, November 4th. The Goldman Sachs Group cut shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 target price for the company. in a research report on Thursday, January 30th. Finally, Wells Fargo & Company upped their target price on shares of Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $105.67.

Floor & Decor Stock Down 1.5 %

NYSE:FND opened at $95.72 on Monday. The stock’s fifty day moving average price is $101.69 and its two-hundred day moving average price is $106.02. Floor & Decor has a 52-week low of $89.06 and a 52-week high of $135.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The company has a market cap of $10.26 billion, a price-to-earnings ratio of 53.18, a P/E/G ratio of 11.51 and a beta of 1.83.

Institutional Trading of Floor & Decor

A number of large investors have recently made changes to their positions in the company. Louisiana State Employees Retirement System increased its position in shares of Floor & Decor by 0.3% in the 4th quarter. Louisiana State Employees Retirement System now owns 29,800 shares of the company’s stock valued at $2,971,000 after buying an additional 100 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Floor & Decor by 3.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,106 shares of the company’s stock valued at $386,000 after buying an additional 110 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Floor & Decor by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,416 shares of the company’s stock valued at $341,000 after buying an additional 120 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Floor & Decor by 1.9% during the 4th quarter. Teacher Retirement System of Texas now owns 6,540 shares of the company’s stock worth $652,000 after purchasing an additional 122 shares in the last quarter. Finally, Tidal Investments LLC increased its holdings in Floor & Decor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 6,721 shares of the company’s stock worth $835,000 after purchasing an additional 130 shares in the last quarter.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.