Floor & Decor Hldgs FND underwent analysis by 17 analysts in the last quarter, revealing a spectrum of viewpoints 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 | 4 | 2 | 11 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 4 | 2 | 7 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $117.24, along with a high estimate of $140.00 and a low estimate of $79.00. This upward trend is evident, with the current average reflecting a 8.56% increase from the previous average price target of $108.00.
Analyzing Analyst Ratings: A Detailed Breakdown
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 |
|---|---|---|---|---|---|
| Greg Melich | Evercore ISI Group | Lowers | In-Line | $120.00 | $125.00 |
| Peter Keith | Piper Sandler | Raises | Neutral | $115.00 | $105.00 |
| 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 |
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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Floor & Decor Hldgs's market standing. Stay informed and make well-considered 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.
Financial Milestones: Floor & Decor Hldgs's Journey
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.
Revenue Growth: Floor & Decor Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 0.01%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Floor & Decor Hldgs's net margin excels beyond industry benchmarks, reaching 3.54%. This signifies efficient cost management and strong financial health.
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 ROA stands out, surpassing industry averages. With an impressive ROA of 0.8%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Floor & Decor Hldgs's debt-to-equity ratio is below the industry average at 0.84, reflecting a lower dependency on debt financing and a more conservative financial approach.
How Are Analyst Ratings Determined?
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.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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