Analyst Scoreboard: 17 Ratings For Floor & Decor Hldgs
Portfolio Pulse from Benzinga Insights
Floor & Decor Holdings (NYSE:FND) received mixed analyst ratings with a total of 17 ratings in the past three months, showing a shift towards a more neutral stance. The average 12-month price target was raised to $110.65 from $98.31, indicating a 12.55% increase. The company's financial performance shows positive revenue growth, an excellent net margin, and effective asset utilization, but challenges in ROE. It operates as a specialty retailer in the hard surface flooring market, with a presence in the US and an e-commerce site.
March 05, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Floor & Decor Holdings received mixed analyst ratings, with a notable increase in the average 12-month price target to $110.65, reflecting a positive outlook on the company's financial performance and market position.
The increase in the average price target and the mix of analyst ratings indicate a cautiously optimistic outlook on FND's future performance. The positive revenue growth and net margin, along with effective asset utilization, contribute to this perspective. However, the challenges in ROE may need attention. The overall sentiment suggests that the stock might experience short-term positive momentum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100