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 May 3, 2024, FND stock price climbed to $113.04 with 2,224,379 million shares trading.

FND has a beta of 1.87, meaning it tends to be more sensitive to market movements. FND has a correlation of 0.43 to the broad based SPY ETF.

FND has a market cap of $12.10 billion. This is considered a Large Cap stock.

Last quarter Floor & Decor Hldgs reported $1 billion in Revenue and $.46 earnings per share. This fell short of revenue expectation by $-23 million and exceeded earnings estimates by $.03.

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 stock has underperformed the market in the last year with a return of +13.6%, while SPY returned +26.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FND shares. However, FND has outperformed the market in the last 3 month and 2 week periods, returning +8.0% and +3.2%, while SPY returned +3.7% and +2.4%, respectively. This indicates FND has been having a stronger performance recently.

FND support price is $110.34 and resistance is $115.18 (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.