Floor & Decor (NYSE:FND) is set to release its earnings data after the market closes on Thursday, August 1st. Analysts expect Floor & Decor to post earnings of $0.30 per share for the quarter.
Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. Floor & Decor had a net margin of 6.45% and a return on equity of 18.19%. The firm had revenue of $477.05 million during the quarter, compared to analysts’ expectations of $480.17 million. During the same period in the previous year, the company earned $0.26 earnings per share. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. On average, analysts expect Floor & Decor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
FND opened at $39.90 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.32 and a quick ratio of 0.23. The firm’s 50 day moving average is $40.70. Floor & Decor has a twelve month low of $23.30 and a twelve month high of $48.86. The stock has a market capitalization of $3.89 billion, a PE ratio of 41.13, a price-to-earnings-growth ratio of 1.48 and a beta of 2.14.
Several research firms have recently weighed in on FND. Telsey Advisory Group set a $125.00 price objective on shares of Expedia Group and gave the company a “hold” rating in a report on Friday, May 3rd. Longbow Research reissued a “buy” rating and set a $110.00 price objective on shares of Visteon in a report on Monday, April 15th. Zacks Investment Research cut shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Wells Fargo & Co boosted their price objective on shares of Twitter from $33.00 to $40.00 and gave the company a “market perform” rating in a report on Wednesday, April 24th. Finally, UBS Group boosted their price objective on shares of W. R. Berkley from $53.00 to $56.00 and gave the company a “sell” rating in a report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $43.18.
In other Floor & Decor news, Director George Vincent West sold 564,871 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $42.69, for a total value of $24,114,342.99. Following the completion of the transaction, the director now directly owns 150,000 shares in the company, valued at $6,403,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Trevor Lang sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $38.88, for a total transaction of $1,555,200.00. Following the completion of the transaction, the chief financial officer now owns 178,669 shares of the company’s stock, valued at $6,946,650.72. The disclosure for this sale can be found here. Insiders have sold 1,319,404 shares of company stock valued at $56,264,277 over the last 90 days. 7.00% of the stock is currently owned by company insiders.
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.
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