Floor & Decor Holdings Inc (NYSE: FND) is 9.01% higher on its value in year-to-date trading and has touched a low of $76.30 and a high of $135.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FND stock was last observed hovering at around $119.19 in the last trading session, with the day’s gains setting it 2.42%.
Currently trading at $121.61, the stock is -2.03% and 4.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 2.03% at the moment leaves the stock 18.36% off its SMA200. FND registered 30.32% gain for a year compared to 6-month gain of 42.77%. The firm has a 50-day simple moving average (SMA 50) of $3.31 and a 200-day simple moving average (SMA200) of $27.91.
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The stock witnessed a -3.99% loss in the last 1 month and extending the period to 3 months gives it a 16.34%, and is -4.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 3.08% over the month.
Floor & Decor Holdings Inc (FND) has around 12783 employees, a market worth around $13.01B and $4.41B in sales. Current P/E ratio is 53.32 and Fwd P/E is 45.45. Profit margin for the company is 5.57%. Distance from 52-week low is 59.38% and -10.36% from its 52-week high. The company has generated returns on investments over the last 12 months (7.18%).
Floor & Decor Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.44 with sales reaching $1.12B over the same period.The EPS is expected to shrink by -16.51% this year, but quarterly earnings will post 5.80% year-over-year. Quarterly sales are estimated to shrink -0.50% in year-over-year returns.
Floor & Decor Holdings Inc (FND) Top Institutional Holders
582 institutions hold shares in Floor & Decor Holdings Inc (FND), with institutional investors hold 146.87% of the company’s shares. The shares outstanding are 106.74M, and float is at 105.48M with Short Float at 15.80%. Institutions hold 138.20% of the Float.
The top institutional shareholder in the company is Capital World Investors with over 10.78 million shares valued at $1.12 billion. The investor’s holdings represent 10.13% of the FND Shares outstanding. As of Jun 29, 2023, the second largest holder is Price (T.Rowe) Associates Inc with 9.62 million shares valued at $1.0 billion to account for 9.04% of the shares outstanding. The other top investors are Blackrock Inc. which holds 9.47 million shares representing 8.90% and valued at over $984.3 million, while Vanguard Group Inc holds 8.80% of the shares totaling 9.36 million with a market value of $973.3 million.
Floor & Decor Holdings Inc (FND) Insider Activity
The most recent transaction is an insider sale by Robbins Brian K,the company’sEVP – BUS. DVLPMT, STRATEGY. SEC filings show that Robbins Brian K sold 22,258 shares of the company’s common stock on Feb 29 ’24 at a price of $122.70 per share for a total of $2.73 million. Following the sale, the insider now owns 12729.0 shares.
Floor & Decor Holdings Inc disclosed in a document filed with the SEC on Feb 29 ’24 that DENNY STEVEN ALAN (EVP, STORE OPERATIONS) sold a total of 5,152 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $123.52 per share for $0.64 million. Following the transaction, the insider now directly holds 13271.0 shares of the FND stock.
Still, SEC filings show that on Feb 28 ’24, AXELROD NORMAN (Director) disposed off 30,000 shares at an average price of $123.21 for $3.7 million. The insider now directly holds 196,080 shares of Floor & Decor Holdings Inc (FND).
