In a report released today, Daniel Binder from Jefferies upgraded Floor & Decor Holdings Inc (NYSE: FND) to Buy. The company’s shares closed yesterday at $36.52, close to its 52-week low of $32.72.
According to TipRanks.com, Binder is a 5-star analyst with an average return of 14.6% and a 72.5% success rate. Binder covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Container Store Group, and Wal-Mart Stores Inc.
Floor & Decor Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $44.75, which is a 22.5% upside from current levels. In a report issued on August 10, Wells Fargo also upgraded the stock to Buy with a $45 price target.
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Floor & Decor Holdings Inc’s market cap is currently $3.55B and has a P/E ratio of 26.85. The company has a Price to Book ratio of 6.64.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
