William Blair Increases Earnings Estimates for Floor & Decor
by Jessica Moore · The Cerbat GemFloor & Decor Holdings, Inc. (NYSE:FND – Free Report) – Research analysts at William Blair boosted their FY2025 earnings per share estimates for shares of Floor & Decor in a research note issued on Thursday, October 30th. William Blair analyst P. Blee now forecasts that the company will post earnings of $1.95 per share for the year, up from their previous estimate of $1.90. The consensus estimate for Floor & Decor’s current full-year earnings is $2.00 per share. William Blair also issued estimates for Floor & Decor’s Q4 2025 earnings at $0.39 EPS and FY2026 earnings at $2.20 EPS.
Floor & Decor (NYSE:FND – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. Floor & Decor had a net margin of 4.65% and a return on equity of 9.34%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the business earned $0.48 EPS. Floor & Decor has set its FY 2025 guidance at 1.870-1.970 EPS.
A number of other research firms have also weighed in on FND. Guggenheim lowered their price target on shares of Floor & Decor from $100.00 to $90.00 and set a “buy” rating for the company in a report on Friday, August 1st. Cowen set a $77.00 target price on Floor & Decor in a research report on Friday. JPMorgan Chase & Co. cut their target price on Floor & Decor from $94.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Evercore ISI cut their target price on Floor & Decor from $80.00 to $75.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 14th. Finally, Zacks Research lowered Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Five research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Floor & Decor has a consensus rating of “Hold” and a consensus target price of $84.65.
Floor & Decor Price Performance
FND opened at $61.77 on Monday. The company has a fifty day simple moving average of $76.46 and a 200 day simple moving average of $77.10. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.60 and a beta of 1.70. Floor & Decor has a twelve month low of $59.21 and a twelve month high of $122.90. The company has a current ratio of 1.27, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08.
Institutional Investors Weigh In On Floor & Decor
Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Floor & Decor by 42.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 514 shares of the company’s stock worth $41,000 after buying an additional 152 shares during the last quarter. State of Wyoming bought a new position in shares of Floor & Decor in the 2nd quarter worth about $46,000. Zions Bancorporation National Association UT bought a new position in shares of Floor & Decor in the 1st quarter worth about $47,000. Steph & Co. bought a new position in shares of Floor & Decor in the 3rd quarter worth about $48,000. Finally, Mather Group LLC. bought a new position in shares of Floor & Decor in the 3rd quarter worth about $49,000.
Insider Activity
In other news, President Bradley Paulsen purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were acquired at an average cost of $60.27 per share, with a total value of $301,350.00. Following the transaction, the president owned 30,000 shares in the company, valued at approximately $1,808,100. The trade was a 20.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.90% of the company’s stock.
About Floor & Decor
Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.
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