Stifel Nicolaus analyst John Baugh reiterated a Hold rating on Floor & Decor Holdings Inc (NYSE: FND) yesterday and set a price target of $45. The company’s shares closed yesterday at $39.53.
According to TipRanks.com, Baugh is a 5-star analyst with an average return of 13.4% and a 57.3% success rate. Baugh covers the Consumer Goods sector, focusing on stocks such as Bassett Furniture Industries, Sleep Number Corporation, and Leggett & Platt Inc.
Floor & Decor Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $48.33, a 22.3% upside from current levels. In a report released yesterday, Wells Fargo also assigned a Hold rating to the stock with a $42 price target.
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Based on Floor & Decor Holdings Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $39.85 million. In comparison, last year the company had a net profit of $20.43 million.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.
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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.
