In the latest session, Floor & Decor Holdings Inc (NYSE: FND) closed at $121.39 down -4.18% from its previous closing price of $126.69. In other words, the price has decreased by -$5.30 from its previous closing price. On the day, 1329108 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 376.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.63. 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, Mizuho on March 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $115.
On March 05, 2024, UBS Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $135.
Telsey Advisory Group reiterated its Market Perform rating for the stock on February 23, 2024, while the target price for the stock was revised from $95 to $110.
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 12.99B and an Enterprise Value of 14.58B. As of this moment, Floor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.23, and their Forward P/E ratio for the next fiscal year is 45.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 6.71. Its current Enterprise Value per Revenue stands at 3.30 whereas that against EBITDA is 27.86.
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 116.09, while the 200-Day Moving Average is calculated to be 102.40.
Shares Statistics:
For the past three months, FND has traded an average of 1.45M shares per day and 1.18M over the past ten days. A total of 106.74M shares are outstanding, with a floating share count of 105.24M. Insiders hold about 1.43% of the company’s shares, while institutions hold 118.08% stake in the company. Shares short for FND as of Mar 15, 2024 were 16.67M with a Short Ratio of 11.47, 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.
