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The closing price of Foot Locker Inc (NYSE: FL) was $29.06 for the day, up 0.76% from the previous closing price of $28.84. In other words, the price has increased by $0.76 from its previous closing price. On the day, 2.47 million shares were traded. FL stock price reached its highest trading level at $29.605 during the session, while it also had its lowest trading level at $28.46.
Ratios:
Our analysis of FL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 344.07. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2752505088 and an Enterprise Value of 8107335680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.999 whereas that against EBITDA is 24.057.
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 16.37%, while the 200-Day Moving Average is calculated to be 13.04%.
Shares Statistics:
FL traded an average of 2.90M shares per day over the past three months and 2227810 shares per day over the past ten days. A total of 94.22M shares are outstanding, with a floating share count of 82.11M. Insiders hold about 13.31% of the company’s shares, while institutions hold 92.24% stake in the company. Shares short for FL as of 1721001600 were 9637399 with a Short Ratio of 3.32, compared to 1718323200 on 9428057. Therefore, it implies a Short% of Shares Outstanding of 9637399 and a Short% of Float of 17.24.
Dividends & Splits
With its trailing 12-month dividend rate of 0.8, FL has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.027739251The stock’s 5-year Average Dividend Yield is 3.96.
