Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Floor & Decor Holdings Inc (NYSE: FND) closed the day trading at $108.06 down -1.46% from the previous closing price of $109.66. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 1.16 million shares were traded. FND stock price reached its highest trading level at $108.245 during the session, while it also had its lowest trading level at $105.13.
Ratios:
For a better understanding of FND, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 336.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 10, 2024, initiated with a Hold rating and assigned the stock a target price of $125.
On March 19, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $115.
UBS Downgraded its Buy to Neutral on March 05, 2024, while the target price for the stock was maintained at $135.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 29 ’24 when Robbins Brian K sold 22,258 shares for $122.70 per share. The transaction valued at 2,731,114 led to the insider holds 12,729 shares of the business.
DENNY STEVEN ALAN sold 5,152 shares of FND for $636,375 on Feb 29 ’24. The EVP, STORE OPERATIONS now owns 13,271 shares after completing the transaction at $123.52 per share. On Feb 28 ’24, another insider, AXELROD NORMAN, who serves as the Director of the company, sold 30,000 shares for $123.21 each. As a result, the insider received 3,696,300 and left with 196,080 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FND now has a Market Capitalization of 11734775808 and an Enterprise Value of 13128039424. As of this moment, Floor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.38, and their Forward P/E ratio for the next fiscal year is 40.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 2.974 whereas that against EBITDA is 24.92.
Stock Price History:
Over the past 52 weeks, FND has reached a high of $135.67, while it has fallen to a 52-week low of $76.30. The 50-Day Moving Average of the stock is -8.82%, while the 200-Day Moving Average is calculated to be 4.42%.
Shares Statistics:
Over the past 3-months, FND traded about 1.44M shares per day on average, while over the past 10 days, FND traded about 1195540 shares per day. A total of 106.74M shares are outstanding, with a floating share count of 105.48M. Insiders hold about 1.43% of the company’s shares, while institutions hold 117.04% stake in the company. Shares short for FND as of 1713139200 were 16420610 with a Short Ratio of 11.43, compared to 1710460800 on 16669129. Therefore, it implies a Short% of Shares Outstanding of 16420610 and a Short% of Float of 21.209998.
