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Floor & Decor Holdings Inc (FND) Is Now En Route to Higher Prices

Floor & Decor Holdings Inc (NYSE: FND) is -13.89% lower on its value in year-to-date trading and has touched a low of $84.07 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 $84.99 in the last trading session, with the day’s gains setting it 0.86%.

Currently trading at $85.85, the stock is -7.89% and -11.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing 1.01% at the moment leaves the stock -17.88% off its SMA200. FND registered -29.52% loss for a year compared to 6-month loss of -19.47%. The firm has a 50-day simple moving average (SMA 50) of $97.0082 and a 200-day simple moving average (SMA200) of $104.5473.

The stock witnessed a -10.51% gain in the last 1 month and extending the period to 3 months gives it a -23.24%, and is -5.88% 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 5.75% over the week and 4.98% over the month.

Floor & Decor Holdings Inc (FND) has around 13690 employees, a market worth around $9.22B and $4.46B in sales. Current P/E ratio is 45.17 and Fwd P/E is 33.64. Profit margin for the company is 4.62%. Distance from 52-week low is 2.12% and -36.72% from its 52-week high. The company has generated returns on investments over the last 12 months (5.54%).

The EPS is expected to grow by 4.06% this year.

Floor & Decor Holdings Inc (FND) Top Institutional Holders

573.0 institutions hold shares in Floor & Decor Holdings Inc (FND), with institutional investors hold 110.75% of the company’s shares. The shares outstanding are 107.36M, and float is at 105.61M with Short Float at 7.83%. Institutions hold 109.12% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 16.0 million shares valued at $1.59 billion. The investor’s holdings represent 14.9441% of the FND Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 10.56 million shares valued at $1.05 billion to account for 9.863 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.71 million shares representing 9.0739% and valued at over $965.59 million, while CAPITAL RESEARCH GLOBAL INVESTORS holds 7.0775 of the shares totaling 7.58 million with a market value of $753.17 million.

Floor & Decor Holdings Inc (FND) Insider Activity

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Still, SEC filings show that on Nov 01 ’24, Lang Trevor (PRESIDENT) disposed off 103,598 shares at an average price of $104.04 for $10.78 million. The insider now directly holds 180,688 shares of Floor & Decor Holdings Inc (FND).

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