In the last three months, 14 analysts have published ratings on Floor & Decor Hldgs FND, offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 8 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 3 | 5 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $105.57, a high estimate of $127.00, and a low estimate of $92.00. This current average has decreased by 9.16% from the previous average price target of $116.21.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into how financial experts perceive Floor & Decor Hldgs. The following summary 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 |
|---|---|---|---|---|---|
| W. Andrew Carter | Stifel | Raises | Hold | $100.00 | $85.00 |
| Christopher Horvers | JP Morgan | Lowers | Neutral | $92.00 | $99.00 |
| Steven Forbes | Guggenheim | Lowers | Buy | $115.00 | $130.00 |
| Peter Keith | Piper Sandler | Lowers | Neutral | $95.00 | $115.00 |
| Seth Basham | Wedbush | Maintains | Outperform | $110.00 | $110.00 |
| Justin Kleber | Baird | Lowers | Outperform | $115.00 | $127.00 |
| Zachary Fadem | Wells Fargo | Lowers | Equal-Weight | $95.00 | $125.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Market Perform | $100.00 | $110.00 |
| Seth Basham | Wedbush | Lowers | Outperform | $110.00 | $125.00 |
| Steven Zaccone | Citigroup | Lowers | Neutral | $104.00 | $109.00 |
| Max Rakhlenko | TD Cowen | Lowers | Hold | $100.00 | $115.00 |
| Keith Hughes | Truist Securities | Lowers | Buy | $115.00 | $130.00 |
| Justin Kleber | Baird | Maintains | Outperform | $127.00 | $127.00 |
| Greg Melich | Evercore ISI Group | Lowers | In-Line | $100.00 | $120.00 |
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: Gaining insights, analysts provide estimates for the future value of Floor & Decor Hldgs's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Floor & Decor Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Floor & Decor Hldgs analyst ratings.
Discovering Floor & Decor Hldgs: A Closer Look
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.
Breaking Down Floor & Decor Hldgs's Financial Performance
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Floor & Decor Hldgs's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -0.24% in revenue growth, reflecting a decrease in 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 is impressive, surpassing industry averages. With a net margin of 5.0%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Floor & Decor Hldgs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.81%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.2%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.83.
The Significance of Analyst Ratings Explained
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.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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