During the last three months, 12 analysts shared their evaluations of Floor & Decor Hldgs FND, revealing diverse outlooks from bullish to bearish.
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 | 3 | 2 | 6 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 1 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 3 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Floor & Decor Hldgs, presenting an average target of $91.75, a high estimate of $115.00, and a low estimate of $71.00. A decline of 2.48% from the prior average price target is evident in the current average.
Investigating Analyst Ratings: An Elaborate Study
The standing of Floor & Decor Hldgs among financial experts becomes clear with a thorough analysis 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 |
|---|---|---|---|---|---|
| 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 |
| Keith Hughes | Truist Securities | Raises | Buy | $102.00 | $97.00 |
| Kate McShane | Goldman Sachs | Lowers | Neutral | $71.00 | $82.00 |
| Seth Basham | Wedbush | Lowers | Outperform | $85.00 | $90.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Market Perform | $75.00 | $90.00 |
| John Baugh | Stifel | Lowers | Buy | $100.00 | $120.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Market Perform | $90.00 | $105.00 |
| Seth Basham | Wedbush | Lowers | Outperform | $90.00 | $110.00 |
| Steven Forbes | Guggenheim | Lowers | Buy | $95.00 | $115.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Floor & Decor Hldgs. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect 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.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Floor & Decor Hldgs's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Floor & Decor Hldgs analyst ratings.
All You Need to Know About 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 US region and also offers its product through an e-commerce site.
Financial Insights: Floor & Decor Hldgs
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Floor & Decor Hldgs displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 0.91%. 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 is impressive, surpassing industry averages. With a net margin of 5.95%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Floor & Decor Hldgs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.57%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Floor & Decor Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of 1.45%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.87.
Analyst Ratings: Simplified
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.
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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