Kestra Advisory Services LLC Decreases Investment in Floor & Decor Holdings,
February 7, 2023
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Floor & Decor ($NYSE:FND) is a leading specialty retailer of hard surface flooring and related accessories in the United States. Shares of FND have been rising steadily since its IPO, and the company has produced strong earnings growth in recent years. This has made it a popular choice for investors looking for long-term returns. With the housing market slowing down, investors may be more hesitant to pour money into a company like Floor & Decor.
It will be interesting to see how this move by Kestra Advisory Services LLC affects the stock price of Floor & Decor. Despite the decrease in investment, the company’s future still looks promising. With its strong track record of performance and increasing sales, Floor & Decor could still be an attractive long-term investment for investors looking for growth.
Stock Price
Despite the announcement, media sentiment towards the company remains mostly positive. On Tuesday, FLOOR & DECOR stock opened at $85.6 and closed at $90.8, representing a 6.4% increase from the prior closing price of $85.3. The company has seen remarkable growth in the past year, and investors have been eager to capitalize on the opportunity. In addition to their impressive financial performance, FLOOR & DECOR has also seen strong customer satisfaction ratings. Given their impressive financial performance and customer satisfaction ratings, it is no surprise that Kestra Advisory Services LLC has been keen to continue investing in FLOOR & DECOR.
However, their decision to decrease their investment may be a sign that they are seeking to diversify their portfolio. Nonetheless, with such strong fundamentals, it is likely that FLOOR & DECOR will continue to be an attractive investment opportunity for many financial institutions going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FND. More…
| Total Revenues | Net Income | Net Margin |
| 4.13k | 278.83 | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FND. More…
| Operations | Investing | Financing |
| -56.23 | -449.16 | 182.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FND. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.24k | 2.66k | 14.91 |
Key Ratios Snapshot
Some of the financial key ratios for FND are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.3% | 37.3% | 9.9% |
| FCF Margin | ROE | ROA |
| -12.3% | 14.8% | 5.3% |
VI Analysis
FLOOR & DECOR is a company that has long-term potential, and the VI app makes it easy to analyze its fundamentals. According to the VI Risk Rating, FLOOR & DECOR is a medium risk investment when it comes to financial and business aspects. The app also provides two risk warnings with regard to the balance sheet, which are non-financial in nature. The VI app provides a comprehensive, objective view of FLOOR & DECOR that goes beyond a few key metrics. It provides a detailed analysis of all the essential fundamental information, such as income statements, balance sheets, and cash flow statements. This data is used to calculate the company’s risk rating, which is then used to assess the company’s long-term potential. The app also provides risk warnings related to the balance sheet, which can help investors identify potential problems and make informed decisions.
The VI app also provides access to other important information such as news and historical financial data. This data can be used to gain insight into the company’s performance over time and to help investors make better decisions when it comes to investing in FLOOR & DECOR. The VI app is a great resource for investors who want to understand the fundamentals of FLOOR & DECOR and make informed decisions about their investments. It provides comprehensive analysis of the company’s financials and risk factors, as well as access to other important information. Registering with the app is easy and can help investors get the most out of their investment decisions.
Peers
Floor & Decor Holdings Inc. is one of the leading flooring retailers in the United States. The company offers a wide variety of flooring products and services, including ceramic tile, hardwood, laminate, and stone. Floor & Decor also provides installation services and financing options. The company’s competitors include Victorian Plumbing Group PLC, Lowe’s Companies Inc, and Marks Electrical Group PLC.
– Victorian Plumbing Group PLC ($LSE:VIC)
Victorian Plumbing Group PLC is a United Kingdom-based company, which is engaged in the retail of plumbing and bathroom products. The Company offers a range of over 10,000 products, including baths, toilets, basins, taps, showers, furniture, heating, lighting, and accessories. It offers its products through its website and showroom. The Company operates through two segments: United Kingdom and Europe.
– Lowe’s Companies Inc ($NYSE:LOW)
Lowe’s Companies Inc. is a publicly traded company with a market capitalization of 111.61 billion as of March 2022. The company operates in the home improvement and retail sectors and has a return on equity of -99.39%. Lowe’s Companies Inc. was founded in 1946 and is headquartered in Mooresville, North Carolina. The company operates over 2,200 stores in the United States, Canada, and Mexico. Lowe’s Companies Inc. offers a variety of home improvement products and services, including appliances, tools, hardware, and more.
– Marks Electrical Group PLC ($LSE:MRK)
Marks Electrical Group PLC is a leading provider of electrical products and services in the United Kingdom. The company has a market capitalization of 71.37 million as of 2022 and a return on equity of 27.33%. Marks Electrical Group PLC is a publicly traded company listed on the London Stock Exchange. The company offers a wide range of electrical products and services, including electrical installation, repair, and maintenance services.
Summary
Investment analysis in Floor & Decor Holdings, Inc. has recently seen a decrease in investment from Kestra Advisory Services LLC. Despite this, the current sentiment towards the company is mostly positive, and the stock price has seen an increase on the same day. Investing in Floor & Decor can be a good option as the company has seen positive returns in the past, with investors expecting more growth in the future.
It is important to consider all risk factors before investing in any company, especially in volatile markets. Researching the company’s performance, products, competitors and other factors should be done before making any investment decisions.
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