With 13.77 sell/buy ratio, Floor & Decor Holdings, Inc. (NYSE:FND) experienced more insider selling than insider buying over the last three months. Could this be a sign for outside investors to start selling as well? FND recorded 1 sales on the open market in the last three months. They sold nearly 140,000 shares while purchases amounted to 10,165 shares that period. Looking even further back to 12 months, corporate insiders offloaded 22,678,975 shares when buyers snapped up 10,165 shares. The 12-month’s totals signify about a 2231.08-to-1 sell/buy ratio.
West George Vincent parted with a total of 140 thousand shares of Floor & Decor Holdings, Inc. (FND) at average share price of $31.12. This insider trade in the company took place on 12/06/2018. The total for the sales was set at $4.36 million. After this transaction, the Director account balance stood at 0 thousand shares. The stock lost -7.71 percent since that insider sale. On 09/14/2018, Ares Corporate Opportunities F, 10% Owner, sold 7.74 million shares at a price per share of $37. This removed 286.53 million shares from the insider’s fortune and the stock saw a -22.38 percent retreat in value since the news became public. This transaction left 26.09 million shares in the 10% Owner account.
On 09/14/2018, 10% Owner Fs Equity Partners Vi, L.P. performed a sale transaction worth $138.97 million. This sale at $37 each has eliminated 3.76 million shares from the insider’s portfolio position. Meanwhile, shares have recorded -22.38 percent decrease since the transaction was reported. The insider now is left with 12.65 million shares remaining in the account. Robbins Brian K, who performs the EVP – Supply Chain job, sold 17.04 thousand shares for $852.2 thousand. The disposal occurred on 06/26/2018 was priced at $50 per share. The share price plunged -42.56 percent since the reporting date. Robbins Brian K now left with a stake of 3.56 thousand FND stock worth $104.34 thousand after the insider selling.
The 12-month median price target for Floor & Decor Holdings, Inc. (FND) assigned by the analysts stands at $38, which represents a return potential of 29.65 percent when compared to the closing price of the stock of $29.31 on Tuesday, January 15. The lowest price target for the stock is $29 — slightly more than -1.06 percent from FND’s current share price. The stock will probably climb 32.24 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $60price as 12-month high target. This represents a whopping 104.71 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 52.38 on daily chart, which may remain a cause for concern. If the price breaks below $24.88 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $31.07 mark may result into a pull-back move towards $32.82 level. The stock is currently hovering around the first support level of $27.1. Below this, the next support is placed in the zone of $24.88. Till the time, the FND stock trades above this level, bulls have nothing to fear.
Shares of Floor & Decor Holdings, Inc. (FND) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry FND operates in has an average P/E of 26.83. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 1.7 on the Price-to-Sales ratio. Compare this with the industry average P/S of 7.15. 41.1 percent is the gross profit margin for Floor & Decor Holdings, Inc. and operating margin sits at 8.4 percent. Along with this, the net profit margin is 8.8 percent.
On 15th of January, Floor & Decor Holdings, Inc. (NYSE:FND) shares ended lower after a volatile session. The shares dropped -1.82 points or -5.85 percent at $29.31 with a heavy trade volume of 3.79 million shares. After opening the session at $30.61, the shares went as high as $30.61 and as low as $26.6405, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $2.82 billion and now has 96.37 million shares outstanding. Floor & Decor Holdings, Inc. (FND) stock has gained 7.21 percent of market value in 21 trading days.
In last reported earnings results, FND earned $0.24 per share, better than the $0.22, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $436M, better than the $429M analysts expected. Earnings are estimated to increase by 82.9 percent this year, 18.78 percent next year and continue to increase by 29.14 percent annually for the next 5 years. Investors will get their next glimpse of FND’s Q4 earnings on February 28. Analysts are forecasting revenue to climb 11.9 percent to $436M in the next fiscal quarter, while earnings are seen soaring by nearly -5.26 percent to $0.18 per share. History has shown that shares in Floor & Decor Holdings, Inc. have gone down on 4 different earnings reaction days and are predicted to add 0.12 percent when the company reports upcoming earnings.
FND stock has a trailing 3-year beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.23 a share in the trailing twelve months. The stock’s value has surged 13.17 percent year to date (YTD) against a decline of -39.12 percent in 12 month’s time. The company’s shares still trade -49.71 percent away from its 1-year high of $58.28 and 25.82 percent up from 52-week low of $23.30. The average consensus rating on the company is 1.9, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.