What Are The Chances Of Floor & Decor Holdings Inc (NYSE: FND) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results.

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Stocks Info

As a NYSE listed company, FND falls under the Consumer Cyclical sector while operating within the Home Improvement Retail industry segment. At the end of the last regular session, the stock closed at $123.86 and fluctuated between $124.69 as its day high and $120.72 as its day low. The current market capitalization of Floor & Decor Holdings Inc is $13.22B. A total of 1.76 million shares were traded on the day, compared to an average of 1.50M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, FND has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 4 BUYs and 14 SELLs from insiders. Insiders purchased 6,343 shares during that period but sold 82,760.

In the most recent transaction, Robbins Brian K sold 22,258 shares of FND for 122.70 per share on Feb 29. After the transaction, the EVP – BUS. DVLPMT, STRATEGY now owns 12,729 company shares. In a previous transaction on Feb 29, DENNY STEVEN ALAN sold 5,152 shares at 123.52 per share. FND shares that EVP, STORE OPERATIONS owns now total 13,271.

Among the insiders who sold shares, AXELROD NORMAN disposed of 30,000 shares on Feb 28 at a per-share price of $123.21. This resulted in the Director holding 196,080 shares of FND after the transaction. In another insider transaction, TAYLOR THOMAS V sold 20,000 shares at $123.11 per share on Feb 28. Company shares held by the CHIEF EXECUTIVE OFFICER now total 174,315.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, FND has a high of $124.11 and a low of $76.30.

As of this writing, FND has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.34. The company reported an EPS of $0.61 in the last quarter, which was 8.90% higher than expectations of $0.56.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $18.09, 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 3.48.

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