As of Friday close, Floor & Decor Holdings Inc.’s (NYSE:FND) stock was down -$1.05, moving down -1.16 percent to $89.50. The average number of shares traded per day over the past five days has been 1,728,400 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.30 fall in that time frame. In the last twenty days, the average volume was 1,348,155, while in the previous 50 days, it was 1,258,666.
Since last month, FND stock retreated -10.20%. Shares of the company fell to $89.33 on 09/22/23, the lowest level in the past month. A 52-week high of $116.03 was reached on 07/20/23 after having rallying from a 52-week low of $63.51. Since the beginning of this year, FND’s stock price has risen by 28.54% or $19.87, and marked a new high 18 times. However, the stock has declined by -22.86% since its 52-week high.
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FND stock investors should be aware that Floor & Decor Holdings Inc. (FND) stock had its last reported insider trading activity 47 days ago on Aug 07. DENNY STEVEN ALAN, the EVP, STORE OPERATIONS of the company, disposed of 6,381 shares for $103.59 on Aug 07. It resulted in a $661,001 divestment by the insider. TAYLOR THOMAS V sold 18,656 shares at an average price of $115.00 on Jul 19. The insider now owns 177,891 shares following the transaction. On Jul 12, CHIEF EXECUTIVE OFFICER TAYLOR THOMAS V sold 18,656 shares at $110.00 apiece. The transaction was valued at $2,052,160.
Valuation Metrics
Right now, Floor & Decor Holdings Inc. (FND) has a P/E ratio of about 33.40. The stock’s beta is 1.96. Besides these, the trailing price-to-sales (P/S) ratio of 2.19, the price-to-book (PB) ratio of 5.25, and the price-to-cash flow ratio of 161.73 may also be considered.
Financial Health
In the three months ended June 30, Floor & Decor Holdings Inc.’s quick ratio stood at 0.10, while its current ratio was 1.20, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 30 was 0.13, and the total debt-to-equity ratio was 0.13. On the profitability front, the trailing twelve-month gross margin is 41.60% percent. In the year ended June 30, EBITDA margin amounted to 13.85%, whereas operating margins totaled 8.80%. Based on annual data, FND earned $1.73 billion in gross profit and brought in $4.26 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 15.00%. Return on equity (ROE) for the past 12 months was 17.00%.
In Floor & Decor Holdings Inc.’s quarter-end financial report for June 30, it reported total debt of $230.15 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FND’s revenue rose 4.03% to $1.12 billion during the quarter, while net income inched up to $1.14 billion. While analysts expected Floor & Decor Holdings Inc. to report $0.66 quarterly earnings, the actual figure was $0.66 per share. During the quarter, the company generated $144.65 million in EBITDA. The liabilities of Floor & Decor Holdings Inc. were 2.67 billion at the end of its most recent quarter ended June 30, and its total debt was $1.63 billion. The value of shareholders’ equity is $106.44 million.
Technical Picture
This quick technical analysis looks at Floor & Decor Holdings Inc.’s (FND) price momentum. With a historical volatility rate of 22.40%, the RSI 9-day stood at 26.84% on 22 September.
With respect to its five-day moving average, the current Floor & Decor Holdings Inc. price is down by -4.58% percent or -$4.30. At present, FND shares trade -6.90% below its 20-day simple moving average and -10.19% percent below its 100-day simple moving average. However, the stock is currently trading approximately -20.97% below its SMA50 and +20.43% above its SMA200.
Stochastic coefficient K was 9.15% and Stochastic coefficient D was 12.55%, while ATR was 2.58. Given the Stochastic reading of 1.67% for the 14-day period, the RSI (14) reading has been calculated as 30.82%. As of today, the MACD Oscillator reading stands at -1.54, while the 14-day reading stands at -2.53.
Analyst Ratings
Stifel launched its rating on Floor & Decor Holdings Inc. (NYSE: FND) to a Buy in a note to investors on September 07, 2023. Floor & Decor Holdings Inc. (FND) has been rated Overweight by analysts. According to 1 brokerage firm, FND is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Floor & Decor Holdings Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $110.00, the current consensus forecast for the stock is $82.00 – $129.00. Based on these forecasts, analysts predict Floor & Decor Holdings Inc. (FND) will achieve an average price target of $108.50.
