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Floor decor nyse fnd a hard surface accessories and flooring retailer has filed terms for its upcoming ipo.
Floor and decor ipo price. Et by tomi kilgore floor decor stock price target cut to 45 from 63 at ubs. Atlanta based floor covering chain floor decor holdings inc. Bofa merrill lynch. Today s ipo for floor decor holdings nyse.
20 wall street analysts have issued 12 month target prices for floor decor s stock. Minimum wage is an example of a wage floor and functions as a minimum price per hour that a worker must be paid as determined by federal and state governments. The company or floor decor nyse fnd today announced the closing of its initial public offering of 10 147 025 shares of its. Atlanta business wire floor decor holdings inc.
Fnd opened for trading at 30 25 after pricing 8 823 500 shares of its common stock at a price to the public of 21 00 per share. This suggests that the stock has a possible downside of 10 4. On average they anticipate floor decor s share price to reach 67 68 in the next year. Floor decor holdings stock price target cut to 30 from 55 at stifel nicolaus apr.
Floor decor holdings a retailer of hard surface flooring and related accessories has priced its ipo of over 8 8 million shares between 16 and 18 per share. Floor decor holdings inc branded as floor decor is a multi channel american specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in smyrna georgia a suburb of atlanta. Their forecasts range from 44 00 to 85 00. Given the cheap valuation and the strong growth rate i believe the floor décor ipo is a buy.
The stock will trade on the new. The ipo price range is 16 18 per share which represents an equity value of 1 48 1 66 billion. View analysts price targets for floor decor. Is launching its initial public stock offering monday offering of 8 823 500 shares of its common stock at an expected price of 16.
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