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Floor & Decor (FND) in Focus: Stock Moves 5.3% Higher

Zacks Equity Research
Updated

Floor & Decor Holdings, Inc. FND was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $44.16 to $47.29 in the past one month time frame.

The move came after the company reported better-than-expected fourth-quarter fiscal 2017 results.

The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Floor & Decor. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

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

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Floor & Decor Holdings, Inc. Price

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

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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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report
 
Floor & Decor Holdings, Inc. (FND) : Free Stock Analysis Report
 
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Zacks Investment Research