Ratings for Floor & Decor Hldgs FND were provided by 19 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 2 | 12 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 0 | 4 | 0 | 0 |
| 2M Ago | 2 | 2 | 4 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 1 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $113.21, a high estimate of $140.00, and a low estimate of $75.00. Marking an increase of 11.7%, the current average surpasses the previous average price target of $101.35.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Floor & Decor Hldgs by financial experts. 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 |
|---|---|---|---|---|---|
| Greg Melich | Evercore ISI Group | Raises | In-Line | $130.00 | $120.00 |
| David Bellinger | Mizuho | Announces | Neutral | $115.00 | - |
| Elizabeth Suzuki | B of A Securities | Raises | Buy | $140.00 | $125.00 |
| 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 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Floor & Decor Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Floor & Decor Hldgs compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Floor & Decor Hldgs's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Floor & Decor Hldgs's market position. Stay informed and make well-informed 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.
Unraveling the Financial Story of Floor & Decor Hldgs
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Floor & Decor Hldgs's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.54%, the company showcases strong profitability and effective cost management.
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): Floor & Decor Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.84, Floor & Decor Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
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.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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.
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