Floor & Decor (NYSE:FND) Posts Quarterly Earnings Results, Beats Estimates By $0.14 EPS

Floor & Decor (NYSE:FND) released its earnings results on Thursday. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14, Zacks reports. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.08 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. Floor & Decor updated its FY 2025 guidance to 1.800-2.100 EPS.

Floor & Decor Stock Up 0.7 %

Floor & Decor stock traded up $0.64 during midday trading on Friday, reaching $93.48. The company’s stock had a trading volume of 2,119,963 shares, compared to its average volume of 1,546,991. The company has a market cap of $10.02 billion, a P/E ratio of 52.10, a P/E/G ratio of 19.57 and a beta of 1.83. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The business has a 50-day simple moving average of $99.94 and a 200-day simple moving average of $105.95. Floor & Decor has a fifty-two week low of $89.06 and a fifty-two week high of $135.67.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FND. JPMorgan Chase & Co. boosted their target price on shares of Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Monday, February 10th. Gordon Haskett upgraded Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Friday. Mizuho boosted their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $75.00 to $91.00 in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group cut shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price objective for the company. in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $106.16.

About Floor & Decor

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.