Shares of Floor & Decor Holdings Inc (FND) have surpassed the average 12-month analyst target price of $96.47, currently trading at $97.74 per share. This price movement suggests investors should evaluate whether the target price is a potential stepping stone towards higher valuations or an indicator of overvaluation.
Currently, there are 17 analyst targets contributing to the average price, ranging from a low of $64.00 to a high of $114.00, with a standard deviation of $14.217. The recent breakdown of analyst ratings shows 9 strong buy ratings and 7 hold ratings, reflecting a consensus average rating of 2.06 on a scale from 1 (Strong Buy) to 5 (Strong Sell).
Data for this analysis was sourced from Zacks Investment Research via Quandl.com.
