U.S. Markets closed

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

Zacks Equity Research
1 / 2

Earnings Estimates Rising for Asbury Automotive (ABG): Will It Gain?

Asbury Automotive (ABG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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

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

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>
 


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report
 
Floor & Decor Holdings, Inc. (FND) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research