Floor And Decor beat analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $1.11 billion, up 5.7% year on year. It was a very strong quarter for the company, with an ...

Floor And Decor is down 18% during the same time and is heading into earnings with an average analyst price target of $103.46 (compared to the current share price of $101.84).

Floor And Decor isn’t a terrible business, but it doesn’t pass our quality test. After the recent drawdown, the stock trades at 44.8× forward price-to-earnings (or $89.46 per share).

Floor And Decor is down 10.1% during the same time and is heading into earnings with an average analyst price target of $98.73 (compared to the current share price of $71.79).