Floor & Decor (NYSE:FND) Price Target Raised to $110.00 at JPMorgan Chase & Co.

Floor & Decor (NYSE:FND) had its price objective upped by research analysts at JPMorgan Chase & Co. from $103.00 to $110.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 8.88% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Piper Sandler lowered their price objective on Floor & Decor from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. Mizuho upped their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Stifel Nicolaus lifted their target price on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research note on Monday, November 4th. Wells Fargo & Company increased their price target on Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Monday, October 28th. Finally, Barclays upgraded Floor & Decor from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $75.00 to $91.00 in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Floor & Decor presently has a consensus rating of “Hold” and an average target price of $105.67.

Floor & Decor Stock Down 2.8 %

FND stock opened at $101.03 on Monday. The business’s 50-day simple moving average is $102.48 and its 200 day simple moving average is $106.04. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The company has a market cap of $10.83 billion, a PE ratio of 56.13, a price-to-earnings-growth ratio of 11.51 and a beta of 1.83. Floor & Decor has a twelve month low of $89.06 and a twelve month high of $135.67.

Hedge Funds Weigh In On Floor & Decor

A number of hedge funds and other institutional investors have recently bought and sold shares of FND. Quarry LP bought a new stake in shares of Floor & Decor during the 3rd quarter valued at $34,000. Blue Trust Inc. increased its holdings in Floor & Decor by 242.0% in the third quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after purchasing an additional 196 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in Floor & Decor in the fourth quarter valued at about $35,000. Bank of Jackson Hole Trust bought a new position in Floor & Decor during the fourth quarter worth about $49,000. Finally, Allworth Financial LP increased its stake in shares of Floor & Decor by 46.3% in the 4th quarter. Allworth Financial LP now owns 575 shares of the company’s stock valued at $58,000 after acquiring an additional 182 shares during the last quarter.

Floor & Decor Company Profile

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. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.