Stifel Initiates Coverage of Floor & Decor Holdings Inc – (FND) with Buy Recommendation
Fintel reports that on September 7, 2023, Stifel initiated coverage of Floor & Decor Holdings Inc – (NYSE:FND) with a Buy recommendation.
Analyst Price Forecast Suggests 12.54% Upside
As of August 31, 2023, the average one-year price target for Floor & Decor Holdings Inc – is 109.09. The forecasts range from a low of 82.82 to a high of $135.45. The average price target represents an increase of 12.54% from its latest reported closing price of 96.94.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Floor & Decor Holdings Inc – is 4,989MM, an increase of 13.29%. The projected annual non-GAAP EPS is 3.13.
What is the Fund Sentiment?
There are 846 funds or institutions reporting positions in Floor & Decor Holdings Inc -. This is an increase of 23 owner(s) or 2.79% in the last quarter. Average portfolio weight of all funds dedicated to FND is 0.53%, a decrease of 2.50%. Total shares owned by institutions decreased in the last three months by 0.99% to 145,642K shares. The put/call ratio of FND is 2.65, indicating a bearish outlook.
What are Other Shareholders Doing?
Capital World Investors holds 10,779K shares representing 10.13% ownership of the company. In it’s prior filing, the firm reported owning 11,766K shares, representing a decrease of 9.15%. The firm decreased its portfolio allocation in FND by 9.77% over the last quarter.
Price T Rowe Associates holds 9,622K shares representing 9.04% ownership of the company. In it’s prior filing, the firm reported owning 11,872K shares, representing a decrease of 23.39%. The firm increased its portfolio allocation in FND by 80.15% over the last quarter.
AGTHX – GROWTH FUND OF AMERICA holds 5,338K shares representing 5.01% ownership of the company. In it’s prior filing, the firm reported owning 5,623K shares, representing a decrease of 5.34%. The firm decreased its portfolio allocation in FND by 10.37% over the last quarter.
Berkshire Hathaway holds 4,780K shares representing 4.49% ownership of the company. No change in the last quarter.
PRNHX – T. Rowe Price New Horizons Fund holds 4,693K shares representing 4.41% ownership of the company. In it’s prior filing, the firm reported owning 5,718K shares, representing a decrease of 21.85%. The firm decreased its portfolio allocation in FND by 17.63% over the last quarter.
Floor & Decor Holdings Background Information
(This description is provided by the company.)
Floor & Decor is a multi-channel specialty retailer operating 128 warehouse-format stores and two design centers across 30 states at the end of the third quarter of fiscal 2020. The Company offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate/luxury vinyl plank, and natural stone along with decorative and installation accessories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.
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Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on September 7, 2023, Stifel initiated coverage of Floor & Decor Holdings Inc – (NYSE:FND) with a Buy recommendation. Analyst Price Forecast Suggests 12.54% Upside As of August 31, 2023, the average one-year price target for Floor & Decor Holdings Inc – is 109.09. The forecasts range from a low of 82.82 to a high of $135.45. The average price target represents an increase of 12.54% from its latest reported closing price of 96.94.
See our leaderboard of companies with the largest price target upside. The projected annual revenue for Floor & Decor Holdings Inc – is 4,989MM, an increase of 13.29%. The projected annual non-GAAP EPS is 3.13. What is the Fund Sentiment? There are 846 funds or institutions reporting positions in Floor & Decor Holdings Inc -. This is an increase of 23 owner(s) or 2.79% in the last quarter. Average portfolio weight of all funds dedicated to FND is 0.53%, a decrease of 2.50%. Total shares owned by institutions decreased in the last three months by 0.99% to 145,642K shares. The put/call ratio of FND is 2.65, indicating a bearish outlook. What are Other Shareholders Doing? Capital World Investors holds 10,779K shares representing 10.13% ownership of the company. In it’s prior filing, the firm reported owning 11,766K shares, representing a decrease of 9.15%. The firm decreased its portfolio allocation in FND by 9.77% over the last quarter. Price T Rowe Associates holds 9,622K shares representing 9.04% ownership of the company. In it’s prior filing, the firm reported owning 11,872K shares, representing a decrease of 23.39%. The firm increased its portfolio allocation in FND by 80.15% over the last quarter.
AGTHX – GROWTH FUND OF AMERICA holds 5,338K shares representing 5.01% ownership of the company. In it’s prior filing, the firm reported owning 5,623K shares, representing a decrease of 5.34%. The firm decreased its portfolio allocation in FND by 10.37% over the last quarter. Berkshire Hathaway holds 4,780K shares representing 4.49% ownership of the company. No change in the last quarter. PRNHX – T. Rowe Price New Horizons Fund holds 4,693K shares representing 4.41% ownership of the company. In it’s prior filing, the firm reported owning 5,718K shares, representing a decrease of 21.85%. The firm decreased its portfolio allocation in FND by 17.63% over the last quarter. Floor & Decor Holdings Background Information(This description is provided by the company.) Floor & Decor is a multi-channel specialty retailer operating 128 warehouse-format stores and two design centers across 30 states at the end of the third quarter of fiscal 2020. The Company offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate/luxury vinyl plank, and natural stone along with decorative and installation accessories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.
Additional reading: Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn MoreThis story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/stifel-initiates-coverage-of-floor-decor-holdings-inc-fnd-with-buy-recommendation Stifel Initiates Coverage of Floor & Decor Holdings Inc – (FND) with Buy Recommendation
