Floor & Decor Holdings Inc (NYSE: FND)’s stock price has dropped by -0.05 in relation to previous closing price of 117.56. Nevertheless, the company has seen a gain of 10.21% in its stock price over the last five trading days. zacks.com reported 2024-09-06 that Deteriorating fundamentals along with a weak seasonal period put the odds on our side.
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 60.59x, Company’s 36-month beta value is 1.79.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.”
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The public float for FND is 105.50M, and currently, short sellers hold a 10.79% ratio of that floaft. The average trading volume of FND on September 19, 2024 was 1.75M shares.
FND’s Market Performance
FND stock saw an increase of 10.21% in the past week, with a monthly gain of 9.56% and a quarterly increase of -1.93%. The volatility ratio for the week is 3.35%, and the volatility levels for the last 30 days are 3.03% for Floor & Decor Holdings Inc (FND). The simple moving average for the past 20 days is 7.21% for FND’s stock, with a 6.94% simple moving average for the past 200 days.
Analysts’ Opinion of FND
Many brokerage firms have already submitted their reports for FND stocks, with Telsey Advisory Group repeating the rating for FND by listing it as a “Market Perform.” The predicted price for FND in the upcoming period, according to Telsey Advisory Group is $95 based on the research report published on August 02, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see FND reach a price target of $100, previously predicting the price at $110. The rating they have provided for FND stocks is “Market Perform” according to the report published on July 24th, 2024.
Citigroup gave a rating of “Neutral” to FND, setting the target price at $104 in the report published on July 19th of the current year.
FND Trading at 15.31% 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 -13.39% of loss for the given period.
Volatility was left at 3.03%, however, over the last 30 days, the volatility rate increased by 3.35%, as shares surge +10.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.74% upper at present.
During the last 5 trading sessions, FND rose by +10.21%, which changed the moving average for the period of 200-days by +28.12% in comparison to the 20-day moving average, which settled at $110.15. In addition, Floor & Decor Holdings Inc saw 5.32% 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 SAYMAN ERSAN, who sale 19,309 shares at the price of $107.00 back on Aug 19 ’24. After this action, SAYMAN ERSAN now owns 46,076 shares of Floor & Decor Holdings Inc, valued at $2,066,063 using the latest closing price.
Ersan Sayman, the Officer of Floor & Decor Holdings Inc, proposed sale 19,309 shares at $107.00 during a trade that took place back on Aug 19 ’24, which means that Ersan Sayman is holding shares at $2,066,063 based on the most recent closing price.
Stock Fundamentals for FND
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.4 for the gross margin
The net margin for Floor & Decor Holdings Inc stands at 0.05. The total capital return value is set at 0.08. Equity return is now at value 10.88, with 4.51 for asset returns.
Based on Floor & Decor Holdings Inc (FND), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 2.03. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 59.26.
Currently, EBITDA for the company is 523.3 million with net debt to EBITDA at 3.44. When we switch over and look at the enterprise to sales, we see a ratio of 3.22. The receivables turnover for the company is 38.67for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
In a nutshell, Floor & Decor Holdings Inc (FND) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
