The stock price of Floor & Decor Holdings Inc (NYSE: FND) has plunged by -0.94 when compared to previous closing price of 110.33, but the company has seen a -0.34% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-20 that Amazon still has plenty of growth opportunities despite it massive size. Floor & Decor is taking its competitive advantages into new markets.
Is It Worth Investing in Floor & Decor Holdings Inc (NYSE: FND) Right Now?
The price-to-earnings ratio for Floor & Decor Holdings Inc (NYSE: FND) is above average at 47.92x, Company’s 36-month beta value is 1.86.Analysts have differing opinions on the stock, 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 currently, short sellers hold a 15.57% ratio of that floaft. The average trading volume of FND on May 02, 2024 was 1.41M shares.
FND’s Market Performance
The stock of Floor & Decor Holdings Inc (FND) has seen a -0.34% decrease in the past week, with a -9.97% drop in the past month, and a 8.68% gain in the past quarter. The volatility ratio for the week is 3.03%, and the volatility levels for the past 30 days are at 2.74% for FND. The simple moving average for the past 20 days is -3.22% for FND’s stock, with a 5.64% simple moving average for the past 200 days.
Analysts’ Opinion of FND
Many brokerage firms have already submitted their reports for FND stocks, with TD Cowen repeating the rating for FND by listing it as a “Hold.” The predicted price for FND in the upcoming period, according to TD Cowen is $125 based on the research report published on April 10, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see FND reach a price target of $115. The rating they have provided for FND stocks is “Neutral” according to the report published on March 19th, 2024.
UBS gave a rating of “Neutral” to FND, setting the target price at $135 in the report published on March 05th of the current year.
FND Trading at -7.85% 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 -19.44% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares sank -9.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.40% lower at present.
During the last 5 trading sessions, FND fell by -0.34%, which changed the moving average for the period of 200-days by -1.09% in comparison to the 20-day moving average, which settled at $112.34. In addition, Floor & Decor Holdings Inc saw -2.03% in overturn over a single year, with a tendency to cut further losses.
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 3.01. 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
In a nutshell, Floor & Decor Holdings Inc (FND) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
