Floor & Decor Holdings Inc (NYSE: FND) has a price-to-earnings ratio that is above its average at 52.35x. The stock has a 36-month beta value of 1.84. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for FND is 105.48M, and at present, short sellers hold a 15.80% of that float. On April 05, 2024, the average trading volume of FND was 1.45M shares.
FND) stock’s latest price update
Floor & Decor Holdings Inc (NYSE: FND)’s stock price has plunge by -1.37relation to previous closing price of 121.06. Nevertheless, the company has seen a -7.91% plunge in its stock price over the last five trading sessions. MarketBeat reported 2024-04-04 that Investors often follow the latest trends in the U.S. economy and attempt to align their portfolios with the best industries, some of which could have a breakout in the coming months. The construction industry is one example, as the ISM Manufacturing PMI index and its cousin, the ISM Services PMI index, indicate a new expansionary trend in the space.
FND’s Market Performance
Floor & Decor Holdings Inc (FND) has seen a -7.91% fall in stock performance for the week, with a -1.14% decline in the past month and a 16.01% surge in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are at 3.19% for FND. The simple moving average for the past 20 days is -4.33% for FND’s stock, with a 16.47% simple moving average for the past 200 days.
Analysts’ Opinion of FND
Many brokerage firms have already submitted their reports for FND stocks, with Mizuho repeating the rating for FND by listing it as a “Neutral.” The predicted price for FND in the upcoming period, according to Mizuho is $115 based on the research report published on March 19, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see FND reach a price target of $135. The rating they have provided for FND stocks is “Neutral” according to the report published on March 05th, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to FND, setting the target price at $110 in the report published on February 23rd of the current year.
FND Trading at 2.66% 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 -11.99% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares sank -4.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.48% upper at present.
During the last 5 trading sessions, FND fell by -7.91%, which changed the moving average for the period of 200-days by +24.04% in comparison to the 20-day moving average, which settled at $124.50. In addition, Floor & Decor Holdings Inc saw 7.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FND starting from Robbins Brian K, who sale 22,258 shares at the price of $122.70 back on Feb 29 ’24. After this action, Robbins Brian K now owns 12,729 shares of Floor & Decor Holdings Inc, valued at $2,731,114 using the latest closing price.
DENNY STEVEN ALAN, the EVP, STORE OPERATIONS of Floor & Decor Holdings Inc, sale 5,152 shares at $123.52 during a trade that took place back on Feb 29 ’24, which means that DENNY STEVEN ALAN is holding 13,271 shares at $636,375 based on the most recent closing price.
Stock Fundamentals for FND
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.42 for the gross margin
The net margin for Floor & Decor Holdings Inc stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 13.71, with 5.46 for asset returns.
Based on Floor & Decor Holdings Inc (FND), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 32.48.
Currently, EBITDA for the company is 523.3 million with net debt to EBITDA at 3.37. When we switch over and look at the enterprise to sales, we see a ratio of 3.26. The receivables turnover for the company is 34.65for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
To sum up, Floor & Decor Holdings Inc (FND) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
