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Why Floor & Decor Holdings Inc (FND) Stock Could See Much Higher Prices Ahead

Floor & Decor Holdings Inc (NYSE: FND) is -1.12% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FND stock was last observed hovering at around $112.43 in the last trading session, with the day’s loss setting it -2.12%.

Currently trading at $110.31, the stock is -10.11% and -6.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -1.89% at the moment leaves the stock 6.86% off its SMA200. FND registered 12.31% gain for a year compared to 6-month gain of 32.98%.

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The stock witnessed a -9.11% loss in the last 1 month and extending the period to 3 months gives it a 4.37%, and is -9.29% 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 2.70% over the week and 2.86% over the month.

Floor & Decor Holdings Inc (FND) has around 12783 employees, a market worth around $11.80B and $4.41B in sales. Current P/E ratio is 48.37 and Fwd P/E is 41.20. Profit margin for the company is 5.57%. Distance from 52-week low is 44.57% and -18.69% from its 52-week high. The company has generated returns on investments over the last 12 months (7.18%).

The EPS is expected to shrink by -16.46% this year.

Floor & Decor Holdings Inc (FND) Top Institutional Holders

The shares outstanding are 106.74M, and float is at 105.48M with Short Float at 14.59%.

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).

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