Floor & Decor (NYSE:FND) Stock Dropped to Market Perform by Telsey Advisory Group

Telsey Advisory Group cut shares of Floor & Decor (NYSE:FND) from an outperform rating to a market perform rating in a research report released on Friday morning, MarketBeat Ratings reports. Telsey Advisory Group currently has $50.00 target price on the stock, down from their prior target price of $68.00.

A number of other analysts have also commented on the company. Weiss Ratings lowered Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 9th. Wolfe Research restated an “underperform” rating and issued a $41.00 target price on shares of Floor & Decor in a report on Tuesday, July 21st. Bank of America reaffirmed an “underperform” rating on shares of Floor & Decor in a research report on Friday. Truist Financial upped their price target on Floor & Decor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Citigroup lowered their price target on Floor & Decor from $59.00 to $49.00 and set a “neutral” rating for the company in a research report on Tuesday, October 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $55.70.

Floor & Decor Trading Down 4.9%

NYSE:FND opened at $47.86 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The firm has a 50-day moving average of $47.80 and a 200-day moving average of $54.90. The company has a market cap of $5.10 billion, a PE ratio of 21.46, a PEG ratio of 4.13 and a beta of 1.60. Floor & Decor has a one year low of $42.64 and a one year high of $77.46.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, October 29th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. Floor & Decor had a net margin of 5.05% and a return on equity of 8.43%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business posted $0.53 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. As a group, equities research analysts expect that Floor & Decor will post 1.96 EPS for the current fiscal year.

Insider Buying and Selling

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider owned 229,820 shares of the company’s stock, valued at $14,317,786. This trade represents a 48.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Floor & Decor

Hedge funds have recently made changes to their positions in the business. Summit Securities Group LLC bought a new position in Floor & Decor during the first quarter valued at about $31,000. Versant Capital Management Inc raised its position in Floor & Decor by 3,263.2% in the third quarter. Versant Capital Management Inc now owns 639 shares of the company’s stock worth $29,000 after acquiring an additional 620 shares during the period. TD Waterhouse Canada Inc. bought a new stake in Floor & Decor in the third quarter worth about $43,000. Leonteq Securities AG raised its position in Floor & Decor by 320.7% in the first quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock worth $55,000 after acquiring an additional 821 shares during the period. Finally, Trust Co. of Vermont purchased a new position in Floor & Decor in the second quarter valued at about $68,000.

Key Stories Impacting Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

About Floor & Decor

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.