Floor & Decor (FND)

• Market cap: $10.7B
• 1 day: 2.72%
• 5 days: 5.82%
• 1 month: -8.06%
• 3 months: -7.92%
• 6 months: 6.16%
• Year to date: 2.32%
• 1 year: -3.15%
• 5 years: 106.22%
• 10 years: 211.36%
• 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)

17% more capital invested

Capital invested by funds: $12.3B [Q2] → $14.4B (+$2.07B) [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]

7.43% less ownership

Funds ownership: 115.72% [Q2] → 108.3% (-7.43%) [Q3]

27% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 70

29% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 182

66% less call options, than puts

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

Research analyst outlook

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

• Low target: $91 9% downside
• Avg. target: $104 4% upside
• High target: $118 18% upside

8 analyst ratings

• positive: 1 13%
• neutral: 7 88%
• negative: 0 0%

Barclays Seth Sigman 68% 1-year accuracy 32 / 47 met price target	9% downside $91	Equal-Weight Upgraded	8 Jan 2025
Telsey Advisory Group Joseph Feldman 52% 1-year accuracy 85 / 164 met price target	5% downside $95	Market Perform Maintained	11 Nov 2024
Stifel W. Andrew Carter 72% 1-year accuracy 21 / 29 met price target	0% upside $100	Hold Maintained	4 Nov 2024
Mizuho David Bellinger 42% 1-year accuracy 14 / 33 met price target	0% upside $100	Neutral Maintained	31 Oct 2024
Wells Fargo Zachary Fadem 66% 1-year accuracy 23 / 35 met price target	5% upside $105	Equal-Weight Maintained	28 Oct 2024