Roth Capital Maintains Neutral Rating for Floor & Decor Hldgs: Here's What You Need To Know

Roth Capital has decided to maintain its Neutral rating of Floor & Decor Hldgs FND and raise its price target from $72.00 to $90.00.

Shares of Floor & Decor Hldgs are trading up 0.65% over the last 24 hours, at $91.59 per share.

A move to $90.00 would account for a 1.74% decrease from the current share price.

About Floor & Decor Hldgs

Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has its presence in the US region and also offers its product through an e-commerce site.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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