Floor & Decor Holdings, Inc. (NYSE:FND) Director George Vincent West sold 100,000 shares of the firm’s stock in a transaction dated Monday, April 5th. The shares were sold at an average price of $100.00, for a total transaction of $10,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
FND opened at $101.49 on Thursday. The company has a quick ratio of 0.61, a current ratio of 1.57 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is $96.05 and its 200 day moving average price is $89.90. Floor & Decor Holdings, Inc. has a fifty-two week low of $31.55 and a fifty-two week high of $108.54. The firm has a market cap of $10.60 billion, a price-to-earnings ratio of 61.88, a price-to-earnings-growth ratio of 2.13 and a beta of 1.90.
Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, February 25th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.03. The business had revenue of $723.65 million during the quarter, compared to analyst estimates of $694.71 million. Floor & Decor had a return on equity of 16.23% and a net margin of 7.77%. Research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.46 earnings per share for the current year.
A number of equities research analysts recently issued reports on FND shares. Morgan Stanley upped their target price on Floor & Decor from $77.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 20th. The Goldman Sachs Group raised shares of Floor & Decor from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $74.00 to $105.00 in a research report on Thursday, December 10th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell assumed coverage on Floor & Decor in a research report on Monday, March 15th. They issued a “buy” rating and a $107.00 price objective for the company. Piper Sandler raised Floor & Decor from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $80.00 to $124.00 in a research note on Thursday, February 25th. Finally, Citigroup assumed coverage on shares of Floor & Decor in a report on Monday, March 15th. They set a “buy” rating and a $107.00 price objective on the stock. Four analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Floor & Decor currently has a consensus rating of “Buy” and an average price target of $92.43.
About Floor & Decor
Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.
Featured Story: What is the Quick Ratio?
Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter.