Floor & Decor Holdings Inc (NYSE:FND) shares, rose in value, with the stock price down by -0.54% to the previous day’s close as strong demand from buyers drove the stock to $111.82.
Actively observing the price movement in the last trading, the stock closed the session at $112.43, falling within a range of $111.15 and $114.155. The value of beta (5-year monthly) was 1.801 whereas the PE ratio was 57.66 over 12-month period. Referring to stock’s 52-week performance, its high was $135.67, and the low was $76.30. On the whole, FND has fluctuated by 2.19% over the past month.
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With the market capitalization of Floor & Decor Holdings Inc currently standing at about $11.98 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Oct-30.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.46B, with a low estimate of 1.11B and a high estimate of 1.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.14B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FND’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 12.88, with the price of FND currently trading nearly -5.11% and 1.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.14, while the 7-day volatility ratio is showing 2.92% which for the 30-day chart, stands at 2.84%. Furthermore, Floor & Decor Holdings Inc (FND)’s beta value is 1.81, and its average true range (ATR) is 3.56.
A comparison of Floor & Decor Holdings Inc (FND) with its peers suggests the former has fared considerably weaker in the market. FND showed an intraday change of -0.54% in last session, and over the past year, it grew by 27.87%%.
Data on historical trading for Floor & Decor Holdings Inc (NYSE:FND) indicates that the trading volumes over the past 10 days have averaged 1.19 and over the past 3 months, they’ve averaged 1.48 million. According to company’s latest data on outstanding shares, there are 106.74 million shares outstanding.
Nearly 1.55% of Floor & Decor Holdings Inc’s shares belong to company insiders and institutional investors own 108.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.72 million shares as on 2024-09-30, resulting in a short ratio of 10.64. According to the data, the short interest in Floor & Decor Holdings Inc (FND) stood at 1381.00 of shares outstanding as of 2024-09-30; the number of short shares registered in 2024-08-30 reached 11.38 million. The stock has risen by 0.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FND stock heading into the next quarter.
