Floor & Decor Holdings Inc (FND): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Floor & Decor Announces Grand Opening of Mansfield, Texas Store.

Stocks Info

This NYSE-listed company operates within the Home Improvement Retail industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $103.04 and fluctuated between $103.34 as its day high and $101.06 as its day low. The current market capitalization of Floor & Decor Holdings Inc is $10.98B. A total of 1.18 million shares were traded on the day, compared to an average of 2.08M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, FND has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 427 shares. Over the last 12 months, there were 27 BUYs and 39 SELLs from insiders. Insiders purchased 162,763 shares during that period but sold 196,121.

In the most recent transaction, Christopherson David Victor sold 19,634 shares of FND for 114.50 per share on Dec 21. After the transaction, the EVP AND GENERAL COUNSEL now owns 36,552 company shares. In a previous transaction on Dec 15, TAYLOR THOMAS V sold 50,000 shares at 113.00 per share. FND shares that CHIEF EXECUTIVE OFFICER owns now total 177,891.

Among the insiders who sold shares, TAYLOR THOMAS V disposed of 50,000 shares on Dec 14 at a per-share price of $108.00. This resulted in the CHIEF EXECUTIVE OFFICER holding 177,891 shares of FND after the transaction. In another insider transaction, Christopherson David Victor sold 5,931 shares at $107.80 per share on Dec 14. Company shares held by the EVP AND GENERAL COUNSEL now total 36,552.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for FND in the last 3 months, the mean price target is $95.26 with high estimates of $130.00 and low estimates of $66.00. In terms of 52-week highs and lows, FND has a high of $116.70 and a low of $76.30.

As of this writing, FND has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.32 per share and a lower estimate of $0.24.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FND’s latest balance sheet shows that the firm has $139.44M in Cash & Short Term Investments as of fiscal 2021. There were $1.42B in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $17.69, while its Total Shareholder’s Equity was $1.32B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FND is Buy with a score of 3.57.