Floor And Decor Ipo Price

Given the cheap valuation and the strong growth rate i believe the floor décor ipo is a buy.
Floor and decor ipo price. 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. On average they anticipate floor decor s share price to reach 67 68 in the next year. 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. 6 2020 at 8 10 a m.
The ipo price range is 16 18 per share which represents an equity value of 1 48 1 66 billion. The company or floor decor nyse fnd today announced the closing of its initial public offering of 10 147 025 shares of its. Floor decor holdings stock price target cut to 30 from 55 at stifel nicolaus apr. The stock will trade on the new.
Floors in wages. The company expects to raise 150m through the offer of 8 8 million shares. 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. Et by tomi kilgore floor decor stock price target cut to 45 from 63 at ubs.
20 wall street analysts have issued 12 month target prices for floor decor s stock. View analysts price targets for floor decor. The company s stores offer tile wood laminate and natural stone flooring products as well as decorative and installation accessories. Today s ipo for floor decor holdings nyse.
Atlanta business wire floor decor holdings inc. Bofa merrill lynch. Their forecasts range from 44 00 to 85 00. Atlanta based floor covering chain floor decor holdings inc.
Is launching its initial public stock offering monday offering of 8 823 500 shares of its common stock at an expected price of 16.