Floor & Decor (FND)

• Market cap: $10.9B
• 1 day: 4.03%
• 5 days: -8.15%
• 1 month: -2.03%
• 3 months: -15.25%
• 6 months: -13.71%
• Year to date: -7.94%
• 1 year: -8.77%
• 5 years: 98.51%
• 10 years: 216.32%
• Sector: Materials
• Industry: Lumber & Other Building Materials Dealers

About: Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the United States region and also offers its product through an e-commerce site.

Employees: 12,783

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

16% more capital invested

Capital invested by funds: $12.2B [Q2] → $14.2B (+$2B) [Q3]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]

5% less funds holding

Funds holding: 453 [Q2] → 429 (-24) [Q3]

7.63% less ownership

Funds ownership: 114.42% [Q2] → 106.79% (-7.63%) [Q3]

29% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 182

32% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 75

66% less call options, than puts

Call options by funds: $127M | Put options by funds: $375M

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 21% downside
• Avg. target: $101 0% upside
• High target: $118 16% upside

7 analyst ratings

• positive: 1 14%
• neutral: 5 71%
• negative: 1 14%

Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 90 / 161 met price target	6% downside $95	Market Perform Maintained	11 Nov 2024
Stifel W. Andrew Carter 68% 1-year accuracy 17 / 25 met price target	1% downside $100	Hold Maintained	4 Nov 2024
Mizuho David Bellinger 37% 1-year accuracy 11 / 30 met price target	1% downside $100	Neutral Maintained	31 Oct 2024
Wells Fargo Zachary Fadem 69% 1-year accuracy 24 / 35 met price target	4% upside $105	Equal-Weight Maintained	28 Oct 2024
Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target	16% upside $118	Neutral Maintained	28 Oct 2024