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The price of Foot Locker Inc (NYSE: FL) closed at $31.02 in the last session, down -2.48% from day before closing price of $31.81. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 2.26 million shares were traded. FL stock price reached its highest trading level at $32.08 during the session, while it also had its lowest trading level at $30.75.
Ratios:
We take a closer look at FL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 367.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on July 18, 2024, Downgraded its rating to Underweight and sets its target price to $18 from $24 previously.
On May 31, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $26 to $27.
Evercore ISI Upgraded its In-line to Outperform on March 25, 2024, whereas the target price for the stock was revised from $28 to $32.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 08 ’23 when Dillon Mary N bought 5,510 shares for $18.17 per share. The transaction valued at 100,117 led to the insider holds 27,649 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FL now has a Market Capitalization of 2938152448 and an Enterprise Value of 8520306176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 25.283.
Stock Price History:
Over the past 52 weeks, FL has reached a high of $35.60, while it has fallen to a 52-week low of $14.84. The 50-Day Moving Average of the stock is 18.94%, while the 200-Day Moving Average is calculated to be 18.88%.
Shares Statistics:
According to the various share statistics, FL traded on average about 2.83M shares per day over the past 3-months and 2496990 shares per day over the past 10 days. A total of 94.22M shares are outstanding, with a floating share count of 82.15M. Insiders hold about 13.27% of the company’s shares, while institutions hold 87.98% stake in the company. Shares short for FL as of 1722384000 were 11110090 with a Short Ratio of 3.93, compared to 1719532800 on 8475527. Therefore, it implies a Short% of Shares Outstanding of 11110090 and a Short% of Float of 19.870001000000002.
Dividends & Splits
The forward annual dividend rate for FL is 0.40, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.025149325The stock’s 5-year Average Dividend Yield is 3.95.
Earnings Estimates
Currently, 15.0 analysts are dedicated to thoroughly evaluating and rating the performance of Foot Locker Inc (FL) in the stock market.The consensus estimate for the next quarter is $0.65, with high estimates of $0.75 and low estimates of $0.43.
Analysts are recommending an EPS of between $1.75 and $1.25 for the fiscal current year, implying an average EPS of $1.54. EPS for the following year is $2.19, with 17.0 analysts recommending between $2.75 and $1.37.
Revenue Estimates
For the next quarter, 15 analysts are estimating revenue of $2.02B. There is a high estimate of $2.07B for the next quarter, whereas the lowest estimate is $1.96B.
A total of 16 analysts have provided revenue estimates for FL’s current fiscal year. The highest revenue estimate was $8.25B, while the lowest revenue estimate was $7.95B, resulting in an average revenue estimate of $8.12B. In the same quarter a year ago, actual revenue was $8.17BBased on 16 analysts’ estimates, the company’s revenue will be $8.35B in the next fiscal year. The high estimate is $8.56B and the low estimate is $8.05B.
