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Floor & Decor Holdings Inc (FND) Receives a Buy from Wells Fargo


Wells Fargo analyst Zachary Fadem maintained a Buy rating on Floor & Decor Holdings Inc (NYSE: FND) on September 13 and set a price target of $45. The company’s shares closed on Friday at $34.67, close to its 52-week low of $34.33.

According to TipRanks.com, Fadem is a 4-star analyst with an average return of 12.9% and a 70.3% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Advance Auto Parts, and Michaels Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Floor & Decor Holdings Inc with a $44.75 average price target.

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Floor & Decor Holdings Inc’s market cap is currently $3.37B and has a P/E ratio of 25.49. The company has a Price to Book ratio of 6.30.

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Floor & Decor Holdings, Inc. engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls.