Floor & Decor Holdings Inc. (NYSE:FND) went down by -2.17% from its latest closing price compared to the recent 1-year high of $145.89. The company’s stock price has collected 3.53% of gains in the last five trading sessions.
Is It Worth Investing in Floor & Decor Holdings Inc. (NYSE :FND) Right Now?
Floor & Decor Holdings Inc. (NYSE:FND) scored a price-to-earnings ratio above its average ratio, recording 31.61 x from its present earnings ratio. Plus, the 36-month beta value for FND is at 1.84. Opinions of the stock are interesting as 11 analysts out of 19 who provided ratings for Floor & Decor Holdings Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $92.89, which is $13.14 above the current price. FND currently public float of 103.88M and currently shorts hold a 8.15% ratio of that float. Today, the average trading volume of FND was 1.47M shares.
FND’s Market Performance
FND stocks went up by 3.53% for the week, with a monthly jump of 18.29% and a quarterly performance of -6.03%, while its annual performance rate touched -34.79%. The volatility ratio for the week stands at 4.62% while the volatility levels for the past 30 days are set at 4.15% for Floor & Decor Holdings Inc. The simple moving average for the period of the last 20 days is 7.97% for FND stocks with a simple moving average of -16.52% for the last 200 days.
Analysts’ Opinion of FND
Many brokerage firms have already submitted their reports for FND stocks, with Piper Sandler repeating the rating for FND by listing it as a “Neutral.” The predicted price for FND in the upcoming period, according to Piper Sandler is $75 based on the research report published on July 29th of the current year 2022.
Goldman, on the other hand, stated in their research note that they expect to see FND reach a price target of $64, previously predicting the price at $109. The rating they have provided for FND stocks is “Neutral” according to the report published on June 27th, 2022.
MKM Partners gave a rating of “Neutral” to FND, setting the target price at $65 in the report published on June 23rd of the current year.
FND Trading at 12.82% from the 50-Day Moving Average
After a stumble in the market that brought FND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.89% of loss for the given period.
Volatility was left at 4.15%, however, over the last 30 days, the volatility rate increased by 4.62%, as shares surge +12.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.50% upper at present.
During the last 5 trading sessions, FND rose by +3.53%, which changed the moving average for the period of 200-days by -34.66% in comparison to the 20-day moving average, which settled at $76.29. In addition, Floor & Decor Holdings Inc. saw -37.04% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at FND starting from MARSHALL RYAN, who purchase 350 shares at the price of $71.30 back on May 13. After this action, MARSHALL RYAN now owns 4,249 shares of Floor & Decor Holdings Inc., valued at $24,953 using the latest closing price.
GILES WILLIAM T, the Director of Floor & Decor Holdings Inc., purchase 2,000 shares at $96.00 during a trade that took place back on Mar 01, which means that GILES WILLIAM T is holding 5,899 shares at $192,000 based on the most recent closing price.
Stock Fundamentals for FND
Current profitability levels for the company are sitting at:
- +10.91 for the present operating margin
- +37.98 for the gross margin
The net margin for Floor & Decor Holdings Inc. stands at +8.25. Equity return is now at value 21.50, with 7.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.