Equities research analysts expect Floor & Decor Holdings Inc (NYSE:FND) to report $0.23 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have made estimates for Floor & Decor’s earnings. The lowest EPS estimate is $0.22 and the highest is $0.23. Floor & Decor posted earnings per share of $0.13 during the same quarter last year, which would suggest a positive year over year growth rate of 76.9%. The company is expected to issue its next earnings results on Thursday, May 24th.
According to Zacks, analysts expect that Floor & Decor will report full-year earnings of $0.99 per share for the current year, with EPS estimates ranging from $0.95 to $1.04. For the next year, analysts forecast that the company will report earnings of $1.28 per share, with EPS estimates ranging from $1.20 to $1.36. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Floor & Decor.
Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, March 1st. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.01. The firm had revenue of $389.50 million during the quarter, compared to analyst estimates of $388.63 million. Floor & Decor had a net margin of 7.42% and a return on equity of 23.83%. The firm’s quarterly revenue was up 40.0% compared to the same quarter last year.
In other Floor & Decor news, SVP David Victor Christopherson sold 16,091 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $43.33, for a total value of $697,223.03. Following the completion of the transaction, the senior vice president now directly owns 24,383 shares in the company, valued at $1,056,515.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Trevor Lang sold 44,322 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $50.00, for a total transaction of $2,216,100.00. Following the completion of the transaction, the chief financial officer now owns 182,991 shares of the company’s stock, valued at $9,149,550. The disclosure for this sale can be found here. Insiders sold 602,069 shares of company stock valued at $27,704,092 over the last quarter.
Institutional investors have recently made changes to their positions in the business. Thompson Davis & CO. Inc. bought a new position in Floor & Decor in the fourth quarter worth about $110,000. FNY Partners Fund LP acquired a new position in shares of Floor & Decor during the third quarter valued at about $116,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Floor & Decor during the fourth quarter valued at about $156,000. Amalgamated Bank acquired a new position in shares of Floor & Decor during the fourth quarter valued at about $214,000. Finally, State of Wisconsin Investment Board acquired a new position in shares of Floor & Decor during the fourth quarter valued at about $220,000. Institutional investors and hedge funds own 94.38% of the company’s stock.
Shares of Floor & Decor (FND) traded up $1.19 on Wednesday, hitting $47.29. 778,738 shares of the stock were exchanged, compared to its average volume of 585,859. The stock has a market capitalization of $4,500.00 and a price-to-earnings ratio of 56.30. Floor & Decor has a 1 year low of $29.37 and a 1 year high of $51.48. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.33 and a quick ratio of 0.18.
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About Floor & Decor
Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).
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