In the past week, FND stock has gone up by 6.43%, with a monthly gain of 5.20% and a quarterly surge of 12.73%. The volatility ratio for the week is 4.11%, and the volatility levels for the last 30 days are 3.17% for Floor & Decor Holdings Inc The simple moving average for the past 20 days is 7.89% for FND’s stock, with a 15.94% simple moving average for the past 200 days.
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 57.73x. The 36-month beta value for FND is also noteworthy at 1.79. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for FND is 105.48M, and at present, short sellers hold a 15.57% of that float. The average trading volume of FND on May 10, 2024 was 1.43M shares.
FND) stock’s latest price update
Floor & Decor Holdings Inc (NYSE: FND) has experienced a rise in its stock price by 4.04 compared to its previous closing price of 115.35. However, the company has seen a gain of 6.43% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-02 that Floor & Decor Holdings, Inc. (NYSE:FND ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Wayne Hood – Senior Vice President-Investor Relations Tom Taylor – Chief Executive Officer Trevor Lang – President Bryan Langley – Executive Vice President and Chief Financial Officer Conference Call Participants Chris Horvers – JPMorgan Simeon Gutman – Morgan Stanley Michael Lasser – UBS Chuck Grom – Gordon Haskett Research Zach Fadem – Wells Fargo Steven Zaccone – Citi Steven Forbes – Guggenheim Securities Seth Sigman – Barclays Justin Kleber – Robert W. Baird David Bellinger – Mizuho Securities Greg Melich – Evercore ISI Seth Basham – Wedbush Securities Robbie Ohmes – Bank of America Chris Bottiglieri – BNP Paribas Jonathan Matuszewski – Jefferies Joe Feldman – Telsey Advisory Group Operator Greetings, and welcome to the Floor & Decor Holdings, Inc. First Quarter 2024 Conference Call.
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 1.22% 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 -11.54% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 4.11%, as shares surge +4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.64% lower at present.
During the last 5 trading sessions, FND rose by +6.43%, which changed the moving average for the period of 200-days by +8.46% in comparison to the 20-day moving average, which settled at $111.50. In addition, Floor & Decor Holdings Inc saw 7.57% 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 STARRETT PETER, who sale 5,000 shares at the price of $118.24 back on May 07 ’24. After this action, STARRETT PETER now owns 128,189 shares of Floor & Decor Holdings Inc, valued at $591,224 using the latest closing price.
Robbins Brian K, the EVP – BUS. DVLPMT, STRATEGY of Floor & Decor Holdings Inc, sale 22,258 shares at $122.70 during a trade that took place back on Feb 29 ’24, which means that Robbins Brian K is holding 12,729 shares at $2,731,114 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 12.10, with 4.99 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 3.27. 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 1.17.
Conclusion
In summary, Floor & Decor Holdings Inc (FND) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
