Wedbush Analysts Reduce Earnings Estimates for Floor & Decor

Floor & Decor Holdings, Inc. (NYSE:FND) – Wedbush dropped their Q1 2025 earnings per share estimates for Floor & Decor in a research report issued to clients and investors on Friday, February 21st. Wedbush analyst S. Basham now anticipates that the company will post earnings of $0.41 per share for the quarter, down from their previous estimate of $0.43. Wedbush has a “Neutral” rating and a $100.00 price objective on the stock. The consensus estimate for Floor & Decor’s current full-year earnings is $2.00 per share. Wedbush also issued estimates for Floor & Decor’s Q2 2025 earnings at $0.51 EPS, Q3 2025 earnings at $0.54 EPS, FY2025 earnings at $1.91 EPS and FY2027 earnings at $3.12 EPS.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.08 billion.

A number of other research analysts have also recently commented on the company. Stifel Nicolaus raised Floor & Decor from a “hold” rating to a “buy” rating and upped their price target for the company from $100.00 to $110.00 in a research report on Monday. Barclays raised Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. Mizuho upped their price target on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Piper Sandler dropped their price target on Floor & Decor from $118.00 to $103.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. increased their price objective on Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $106.68.

Floor & Decor Stock Up 2.8 %

Shares of NYSE FND opened at $100.31 on Monday. Floor & Decor has a one year low of $89.06 and a one year high of $135.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The business’s fifty day moving average price is $99.26 and its 200-day moving average price is $106.06. The stock has a market capitalization of $10.76 billion, a PE ratio of 52.79, a P/E/G ratio of 19.06 and a beta of 1.83.

Hedge Funds Weigh In On Floor & Decor

Institutional investors have recently modified their holdings of the company. Quarry LP bought a new position in shares of Floor & Decor during the 3rd quarter valued at about $34,000. Blue Trust Inc. increased its position in shares of Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after purchasing an additional 196 shares during the last quarter. Huntington National Bank increased its position in shares of Floor & Decor by 120.5% during the 4th quarter. Huntington National Bank now owns 344 shares of the company’s stock valued at $34,000 after purchasing an additional 188 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Floor & Decor during the 4th quarter valued at about $35,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of Floor & Decor during the 4th quarter valued at about $49,000.

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.