Ratings for Floor & Decor Hldgs FND were provided by 17 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 11 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 3 | 2 | 6 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 1 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $110.65, a high estimate of $135.00, and a low estimate of $75.00. Observing a 12.55% increase, the current average has risen from the previous average price target of $98.31.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Floor & Decor Hldgs by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Lasser | UBS | Maintains | Neutral | $135.00 | $135.00 |
| Steven Forbes | Guggenheim | Raises | Buy | $130.00 | $115.00 |
| Kate McShane | Goldman Sachs | Raises | Neutral | $79.00 | $71.00 |
| W. Andrew Carter | Stifel | Lowers | Hold | $110.00 | $115.00 |
| Peter Keith | Piper Sandler | Raises | Neutral | $105.00 | $98.00 |
| Greg Melich | Evercore ISI Group | Raises | In-Line | $112.00 | $110.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $130.00 | $127.00 |
| Seth Basham | Wedbush | Raises | Outperform | $125.00 | $115.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Market Perform | $110.00 | $95.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $127.00 | $102.00 |
| Seth Basham | Wedbush | Raises | Outperform | $115.00 | $85.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Market Perform | $95.00 | $85.00 |
| Dean Rosenblum | Bernstein | Announces | Market Perform | $115.00 | - |
| Peter Keith | Piper Sandler | Raises | Neutral | $98.00 | $74.00 |
| Zachary Fadem | Wells Fargo | Raises | Equal-Weight | $105.00 | $85.00 |
| Seth Sigman | Barclays | Raises | Underweight | $75.00 | $66.00 |
| W. Andrew Carter | Stifel | Raises | Hold | $115.00 | $95.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Floor & Decor Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Floor & Decor Hldgs compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Floor & Decor Hldgs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Floor & Decor Hldgs's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Floor & Decor Hldgs analyst ratings.
Unveiling the Story Behind 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 a presence in the United States region and also offers its product through an e-commerce site.
Understanding the Numbers: Floor & Decor Hldgs's Finances
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Floor & Decor Hldgs displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 0.01%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Floor & Decor Hldgs's net margin excels beyond industry benchmarks, reaching 3.54%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.94%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.8%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.84.
How Are Analyst Ratings Determined?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
