Should You Buy Floor & Decor Holdings Inc (FND) Stock on Thursday?

Floor & Decor Holdings Inc (FND) stock is higher by 4.98% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Floor & Decor Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FND!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With FND Stock Today?

Floor & Decor Holdings Inc (FND) stock is higher by 4.1% while the S&P 500 has fallen -0.08% as of 1:17 PM on Thursday, Dec 1. FND has gained $3.06 from the previous closing price of $74.66 on volume of 643,385 shares. Over the past year the S&P 500 has fallen -10.73% while FND has fallen -39.71%. FND earned $2.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.81.

More About Floor & Decor Holdings Inc

Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has its presence in the US region and also offers its product through an e-commerce site. Click Here to get the full Stock Report for Floor & Decor Holdings Inc stock.