Floor & Decor Holdings, Inc. Just Beat Earnings Expectations: Here’s what analysts think will happen next

Last week, you may have seen that Floor & Decor Holdings, Inc. (NYSE: FND) released its annual product to the market. The early response was not positive, with shares down 7.2% to US $ 95.09 last week. Floor & Decor Holdings reported US $ 2.4b in revenue, largely according to analyst forecasts, although statutory earnings per share (EPS) of US $ 1.84 affected it expected to be 5.2% higher than analysts expected. Earning is an important time for investors, as they can monitor a company’s performance, look at what analysts are forecasting for next year, and see if there has been a change. the feeling towards the company. We have compiled the latest legislative projections to see if the auditors have changed their employment models, following these results.

Check out our latest analysis for Floor & Decor Holdings

NYSE: FND Earnings and Financial Growth February 28th 2021

Taking into account the latest results, the consensus forecast from 18 analysts at Floor & Decor Holdings is for revenue of US $ 3.02b in 2021, which would show a significant 25% improvement in the sales compared to the last 12 months. Earnings per share are expected to increase 9.5% to US $ 1.86. Prior to this earnings report, analysts had been forecasting revenue of US $ 2.94b and earnings per share (EPS) of US $ 1.88 in 2021. There is unlikely to be any change. big has been in sentiment after the results, but the small build. in revenue estimates.

The consensus price target increased 7.0% to US $ 109, with a better revenue forecast promising a more valuable business, in time. That’s not the only conclusion we can draw from this data, however, as some investors like to consider spreads in estimates when evaluating analyst price targets. There are some different opinions on Floor & Decor Holdings, with the most bullish analyst valuing it at US $ 124 and the most bearish at US $ 90.00 per share. This indicates that there is still some variability in estimates, but analysts do not appear to be completely dissociated on the stock as if it were a situation of success or failure.

One way to get more context for these forecasts is to look at how they compare to both previous performance, and how other companies in the same industry are performing. It is clear from the latest estimates that the growth rate of Floor & Decor Holdings is expected to accelerate significantly, with revenue growth expected to be 25% significantly faster than the historical growth of 20% pa over the past five years. Compare this to other companies in the same industry, whose revenue is expected to grow by 12% next year. It seems obvious that while the growth outlook is brighter than it has been recently, analysts also expect Floor & Decor Holdings to grow faster than the industry as a whole.

The bottom line

The most obvious conclusion is that there has been little recent change in industry expectations, with analysts keeping their employment forecasts stable, according to previous estimates. Interestingly, they have updated their revenue estimates, and their forecasts indicate that the industry is expected to grow faster than the industry as a whole. We note an update on the price target, suggesting that analysts believe that the intrinsic value of the industry is likely to improve over time.

That said, the long-term career path of the company is much more important than next year. At Simply Wall St, we have a full range of analyst forecasts for Floor & Decor Holdings going back to 2025, and you can see them for free on our platform here.

You still have to pay attention to risks, for example – Floor & Decor Holdings has 1 warning sign we think you should be aware.

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