Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $21.52 in the prior trading day, Foot Locker Inc (NYSE: FL) closed at $21.65, up 0.60%. In other words, the price has increased by $0.60 from its previous closing price. On the day, 3.33 million shares were traded. FL stock price reached its highest trading level at $22.2 during the session, while it also had its lowest trading level at $21.21.
Ratios:
Our goal is to gain a better understanding of FL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.85.
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, Evercore ISI on March 25, 2024, Upgraded its rating to Outperform and sets its target price to $32 from $28 previously.
On March 22, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $19 to $24.
UBS Upgraded its Sell to Neutral on March 11, 2024, whereas the target price for the stock was revised from $12 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2045808000 and an Enterprise Value of 4691807744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.574 whereas that against EBITDA is 12.155.
Stock Price History:
Over the past 52 weeks, FL has reached a high of $42.79, while it has fallen to a 52-week low of $14.84. The 50-Day Moving Average of the stock is -21.33%, while the 200-Day Moving Average is calculated to be -13.32%.
Shares Statistics:
The stock has traded on average 3.90M shares per day over the past 3-months and 3378090 shares per day over the last 10 days, according to various share statistics. A total of 94.22M shares are outstanding, with a floating share count of 81.36M. Insiders hold about 13.90% of the company’s shares, while institutions hold 93.89% stake in the company. Shares short for FL as of 1711584000 were 9612113 with a Short Ratio of 2.47, compared to 1709164800 on 12326609. Therefore, it implies a Short% of Shares Outstanding of 9612113 and a Short% of Float of 18.190001.
Dividends & Splits
In the trailing 12 months, FL’s forward annual dividend rate was 1.2, compared to 0.80 this year. The stock’s 5-year Average Dividend Yield is 3.92.
Earnings Estimates
The current assessment of Foot Locker Inc (FL) involves the perspectives of Ford Motor Company analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $5.28, with high estimates of $80.26 and low estimates of $63.23.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Basic Materials.
