2 weeks Ago By ABMN Staff
Floor & Decor Holdings, Inc. ( NYSE:FND – Free Report ) – Stock analysts at William Blair increased their FY2024 earnings estimates for shares of Floor & Decor in a research note issued on Wednesday, October 30th. William Blair analyst P.
Blee now expects that the company will post earnings of $1.74 per share for the year, up from their prior forecast of $1.70.
The consensus estimate for Floor & Decor’s current full-year earnings is $1.71 per share. William Blair also issued estimates for Floor & Decor’s FY2025 earnings at $2.
12 EPS. Floor & Decor ( NYSE:FND – Get Free Report ) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.
48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.06.
The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.14 billion.
Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%.
The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the company earned $0.
61 earnings per share. Get Our Latest Analysis on FND Floor & Decor Trading Down 0.8 % NYSE FND opened at $108.
66 on Monday. The company has a quick ratio of 0.29, a current ratio of 1.
16 and a debt-to-equity ratio of 0.09. The stock’s 50-day simple moving average is $111.
59 and its two-hundred day simple moving average is $108.79. Floor & Decor has a twelve month low of $76.
30 and a twelve month high of $135.67. The company has a market capitalization of $11.
64 billion, a price-to-earnings ratio of 60.37, a PEG ratio of 13.57 and a beta of 1.
83. Hedge Funds Weigh In On Floor & Decor Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capital Research Global Investors lifted its stake in Floor & Decor by 20.
4% in the 1st quarter. Capital Research Global Investors now owns 7,871,841 shares of the company’s stock worth $1,020,348,000 after purchasing an additional 1,334,650 shares in the last quarter. XN LP purchased a new position in Floor & Decor during the second quarter worth approximately $70,177,000.
Lord Abbett & CO. LLC acquired a new position in Floor & Decor during the first quarter worth $24,791,000. Natixis Advisors LLC grew its holdings in Floor & Decor by 94.
7% in the 2nd quarter. Natixis Advisors LLC now owns 356,690 shares of the company’s stock valued at $35,459,000 after buying an additional 173,518 shares in the last quarter. Finally, Massachusetts Financial Services Co.
MA acquired a new stake in shares of Floor & Decor in the 2nd quarter worth $14,953,000. Floor & Decor Company Profile ( Get Free Report ) Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.
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