Market Highlights: Floor & Decor Holdings Inc (FND) Ends on a High Note at 98.00

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The price of Floor & Decor Holdings Inc (NYSE: FND) closed at $98.00 in the last session, up 2.36% from day before closing price of $95.74. In other words, the price has increased by $2.36 from its previous closing price. On the day, 2.26 million shares were traded. FND stock price reached its highest trading level at $100.74 during the session, while it also had its lowest trading level at $94.93.

Ratios:

We take a closer look at FND’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 182.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.77.

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, Telsey Advisory Group on July 24, 2024, Reiterated its Market Perform rating but revised its target price to $100 from $110 previously.

On July 19, 2024, Citigroup reiterated its Neutral rating and also upped its target price recommendation from $109 to $104.

On April 10, 2024, TD Cowen started tracking the stock assigning a Hold rating and target price of $125.TD Cowen initiated its Hold rating on April 10, 2024, with a $125 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 12 ’24 when TAYLOR THOMAS V sold 34,199 shares for $125.00 per share. The transaction valued at 4,274,875 led to the insider holds 168,386 shares of the business.

TAYLOR THOMAS V sold 34,198 shares of FND for $4,103,760 on Jun 05 ’24. The CHIEF EXECUTIVE OFFICER now owns 168,386 shares after completing the transaction at $120.00 per share. On May 17 ’24, another insider, SAYMAN ERSAN, who serves as the EVP – MERCHANDISING of the company, sold 12,872 shares for $118.10 each. As a result, the insider received 1,520,183 and left with 46,076 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 10664653824 and an Enterprise Value of 11851734016. As of this moment, Floor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.14, and their Forward P/E ratio for the next fiscal year is 40.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 5.29. Its current Enterprise Value per Revenue stands at 2.7 whereas that against EBITDA is 23.712.

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 -7.52%, while the 200-Day Moving Average is calculated to be -7.75%.

Shares Statistics:

According to the various share statistics, FND traded on average about 1.61M shares per day over the past 3-months and 1809930 shares per day over the past 10 days. A total of 106.74M shares are outstanding, with a floating share count of 105.40M. Insiders hold about 1.51% of the company’s shares, while institutions hold 115.51% stake in the company. Shares short for FND as of 1721001600 were 13477043 with a Short Ratio of 8.39, compared to 1718323200 on 15123986. Therefore, it implies a Short% of Shares Outstanding of 13477043 and a Short% of Float of 17.41.

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