Floor & Decor Holdings Inc (NYSE: FND)’s stock price has decreased by -2.83 compared to its previous closing price of 102.45. However, the company has seen a -2.01% decrease in its stock price over the last five trading sessions. marketbeat.com reported 2024-11-19 that Now that markets are cooling off after the presidential election results in the United States, investors might be left wondering where the next best place to allocate some capital effectively and safely might be. While there are many theories in the market today, one specific sector could offer an attractive risk/reward ratio in the coming quarters.
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 55.12x, which is above its average ratio. Moreover, the 36-month beta value for FND is 1.82. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 16 as “hold,” and 1 as “sell.”
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The public float for FND is 105.56M and currently, short sellers hold a 10.64% of that float. On November 20, 2024, FND’s average trading volume was 1.35M shares.
FND’s Market Performance
FND’s stock has seen a -2.01% decrease for the week, with a -6.34% drop in the past month and a -8.39% fall in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are at 3.62% for Floor & Decor Holdings Inc The simple moving average for the past 20 days is -3.16% for FND’s stock, with a -10.14% 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 -9.67% 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 -26.62% of loss for the given period.
Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares sank -4.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.31% lower at present.
During the last 5 trading sessions, FND fell by -2.01%, which changed the moving average for the period of 200-days by -3.59% in comparison to the 20-day moving average, which settled at $102.80. In addition, Floor & Decor Holdings Inc saw -10.77% 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 Lang Trevor, who sale 103,598 shares at the price of $104.04 back on Nov 01 ’24. After this action, Lang Trevor now owns 180,688 shares of Floor & Decor Holdings Inc, valued at $10,778,778 using the latest closing price.
Trevor S Lang, the Officer of Floor & Decor Holdings Inc, proposed sale 103,598 shares at $104.04 during a trade that took place back on Nov 01 ’24, which means that Trevor S Lang is holding shares at $10,778,730 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 0.04. The total capital return value is set at 0.07. Equity return is now at value 9.78, with 4.08 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 1.83. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 71.21.
Currently, EBITDA for the company is 321.43 million with net debt to EBITDA at 5.46. When we switch over and look at the enterprise to sales, we see a ratio of 2.77. The receivables turnover for the company is 42.13for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
To wrap up, the performance of Floor & Decor Holdings Inc (FND) has been bad in recent times. The stock has received a bullish of “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.
