Floor & Decor Hldgs FND underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 2 | 10 | 0 | 0 |
Last 30D | 0 | 1 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 6 | 0 | 0 |
3M Ago | 0 | 0 | 3 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $116.42, a high estimate of $127.00, and a low estimate of $100.00. Highlighting a 2.39% decrease, the current average has fallen from the previous average price target of $119.27.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Floor & Decor Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Justin Kleber | Baird | Maintains | Outperform | $127.00 | $127.00 |
Greg Melich | Evercore ISI Group | Lowers | In-Line | $100.00 | $120.00 |
Greg Melich | Evercore ISI Group | Raises | In-Line | $125.00 | $120.00 |
Michael Lasser | UBS | Lowers | Neutral | $125.00 | $135.00 |
Max Rakhlenko | TD Cowen | Lowers | Hold | $115.00 | $125.00 |
Greg Melich | Evercore ISI Group | Lowers | In-Line | $115.00 | $120.00 |
Seth Basham | Wedbush | Maintains | Outperform | $125.00 | - |
Joseph Feldman | Telsey Advisory Group | Maintains | Market Perform | $110.00 | $110.00 |
David Bellinger | Mizuho | Lowers | Neutral | $110.00 | $115.00 |
Joseph Feldman | Telsey Advisory Group | Maintains | Market Perform | $110.00 | $110.00 |
Greg Melich | Evercore ISI Group | Lowers | In-Line | $120.00 | $125.00 |
Peter Keith | Piper Sandler | Raises | Neutral | $115.00 | $105.00 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Floor & Decor Hldgs compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Floor & Decor Hldgs's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Floor & Decor Hldgs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Floor & Decor Hldgs's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -2.21%. This indicates a decrease 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.56%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Floor & Decor Hldgs's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.56%, the company may face hurdles in generating optimal 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 1.07%, the company showcases efficient use of assets and strong financial health.
Debt Management: Floor & Decor Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.84, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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