Media headlines about Floor & Decor (NYSE:FND) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Floor & Decor earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.6204126502158 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
FND has been the subject of several analyst reports. Gordon Haskett initiated coverage on Floor & Decor in a research note on Thursday, February 15th. They issued an “accumulate” rating and a $50.00 price objective for the company. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $54.00 target price (up previously from $47.00) on shares of Floor & Decor in a report on Monday, January 8th. Wells Fargo set a $45.00 target price on shares of Floor & Decor and gave the stock a “hold” rating in a report on Monday, January 8th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Floor & Decor in a report on Monday, March 5th. Finally, Zacks Investment Research downgraded shares of Floor & Decor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 6th. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $45.59.
FND opened at $55.86 on Friday. Floor & Decor has a 52 week low of $29.37 and a 52 week high of $58.28. The stock has a market cap of $5,491.77 and a price-to-earnings ratio of 80.96. The company has a quick ratio of 0.21, a current ratio of 1.40 and a debt-to-equity ratio of 0.42.
Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, March 1st. The company reported $0.19 EPS for the quarter, beating 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 business had revenue of $389.50 million during the quarter, compared to the consensus estimate of $388.63 million. The business’s revenue for the quarter was up 40.0% compared to the same quarter last year. sell-side analysts forecast that Floor & Decor will post 0.99 EPS for the current fiscal year.
In other Floor & Decor news, Director Peter Starrett sold 45,000 shares of the stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $49.31, for a total transaction of $2,218,950.00. Following the completion of the transaction, the director now owns 34,995 shares of the company’s stock, valued at approximately $1,725,603.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Brian K. Robbins sold 3,600 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $50.00, for a total transaction of $180,000.00. Following the transaction, the executive vice president now directly owns 7,160 shares of the company’s stock, valued at approximately $358,000. The disclosure for this sale can be found here. Insiders have sold a total of 717,306 shares of company stock valued at $38,041,870 in the last three months.
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Floor & Decor Company Profile
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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