FND Stock Summary and Trading Ideas (Floor & Decor Hldgs | NYSE:FND)

Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the United States region and also offers its product through an e-commerce site.

Floor & Decor Hldgs trades on the NYSE stock market under the symbol FND.

As of April 19, 2024, FND stock price declined to $108.10 with 896,935 million shares trading.

FND has a beta of 1.91, meaning it tends to be more sensitive to market movements. FND has a correlation of 0.42 to the broad based SPY ETF.

FND has a market cap of $11.57 billion. This is considered a Large Cap stock.

Last quarter Floor & Decor Hldgs reported $1 billion in Revenue and $.34 earnings per share. This beat revenue expectation by $38 million and exceeded earnings estimates by $.08.

In the last 3 years, FND stock traded as high as $145.89 and as low as $59.91.

The top ETF exchange traded funds that FND belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.

FND has underperformed the market in the last year with a price return of +8.8% while the SPY ETF gained +21.2%. FND has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.7% and -9.3%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

FND support price is $106.95 and resistance is $112.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FND stock will trade within this expected range on the day.