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Floor & Decor (FND) Catches Eye: Stock Jumps 6.2%

Zacks Equity Research
Updated

Floor & Decor Holdings, Inc. FND was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 13.1% in the past one-month time frame.

The company has seen seven negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Floor & Decor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Floor & Decor Holdings, Inc. Price

Floor & Decor Holdings, Inc. Price | Floor & Decor Holdings, Inc. Quote

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Investors interested in the Building Products - Wood industry may consider Louisiana-Pacific Corporation LPX, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is FND going up? Or down? Predict to see what others think:Up or Down

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