Floor & Decor Holdings Inc (NYSE:FND) EVP David Victor Christopherson sold 8,817 shares of the firm’s stock in a transaction that occurred on Thursday, April 5th. The shares were sold at an average price of $57.30, for a total transaction of $505,214.10. Following the transaction, the executive vice president now owns 12,845 shares in the company, valued at approximately $736,018.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
NYSE FND opened at $55.86 on Monday. Floor & Decor Holdings Inc has a twelve month low of $29.37 and a twelve month high of $58.28. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.21 and a current ratio of 1.40. The company has a market cap of $5,335.13 and a price-to-earnings ratio of 80.96.
Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, March 1st. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.01. Floor & Decor had a net margin of 7.42% and a return on equity of 21.26%. The firm had revenue of $389.50 million for the quarter, compared to analysts’ expectations of $388.63 million. Floor & Decor’s revenue was up 40.0% on a year-over-year basis. equities analysts expect that Floor & Decor Holdings Inc will post 0.99 earnings per share for the current year.
Several research analysts have issued reports on FND shares. Gordon Haskett started coverage on shares of Floor & Decor in a research report on Thursday, February 15th. They issued an “accumulate” rating and a $50.00 price target on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $54.00 price target (up previously from $47.00) on shares of Floor & Decor in a research report on Monday, January 8th. Wells Fargo set a $45.00 price target on shares of Floor & Decor and gave the stock a “hold” rating in a research report on Monday, January 8th. BMO Capital Markets restated a “market perform” rating on shares of Floor & Decor in a research report on Monday, March 5th. Finally, Zacks Investment Research lowered shares of Floor & Decor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Floor & Decor presently has an average rating of “Hold” and an average target price of $45.59.
About Floor & Decor
Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).
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