In the latest session, Floor & Decor Holdings Inc (NYSE: FND) closed at $114.08 down -7.06% from its previous closing price of $122.75. In other words, the price has decreased by -$8.67 from its previous closing price. On the day, 1861207 shares were traded.
Ratios:
For a deeper understanding of Floor & Decor Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 355.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.69. 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 Apr-11-24, 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 13.14B and an Enterprise Value of 14.73B. As of this moment, Floor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.02, and their Forward P/E ratio for the next fiscal year is 42.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 6.31. Its current Enterprise Value per Revenue stands at 3.34 whereas that against EBITDA is 28.14.
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 117.53, while the 200-Day Moving Average is calculated to be 103.09.
Shares Statistics:
For the past three months, FND has traded an average of 1.43M shares per day and 1.06M over the past ten days. 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 117.76% stake in the company. Shares short for FND as of Mar 15, 2024 were 16.67M with a Short Ratio of 10.73, compared to 16.81M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.58% and a Short% of Float of 21.53%.
Earnings Estimates
There are 22 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.59 and a low estimate of $0.34, while EPS last year was $0.66. The consensus estimate for the next quarter is $0.56, with high estimates of $0.66 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.15 and $1.69 for the fiscal current year, implying an average EPS of $1.91. EPS for the following year is $2.68, with 23 analysts recommending between $3.3 and $2.23.
Revenue Estimates
A total of 19 analysts believe the company’s revenue will be $1.12B this quarter.It ranges from a high estimate of $1.17B to a low estimate of $1.1B. As of the current estimate, Floor & Decor Holdings Inc’s year-ago sales were $1.12B, an estimated decrease of -0.50% from the year-ago figure. For the next quarter, 19 analysts are estimating revenue of $1.18B, an increase of 3.10% over than the figure of -$0.50% in the same quarter last year. There is a high estimate of $1.2B for the next quarter, whereas the lowest estimate is $1.15B.
A total of 23 analysts have provided revenue estimates for FND’s current fiscal year. The highest revenue estimate was $4.74B, while the lowest revenue estimate was $4.6B, resulting in an average revenue estimate of $4.67B. In the same quarter a year ago, actual revenue was $4.41B, up 5.80% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $5.45B in the next fiscal year. The high estimate is $5.56B and the low estimate is $5.25B. The average revenue growth estimate for next year is up 16.60% from the average revenue estimate for this year.
