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After finishing at $23.11 in the prior trading day, Foot Locker Inc (NYSE: FL) closed at $22.94, down -0.74%. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 2.65 million shares were traded. FL stock price reached its highest trading level at $23.84 during the session, while it also had its lowest trading level at $22.94.
Ratios:
Our goal is to gain a better understanding of FL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.83.
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 this company, Gordon Haskett on October 07, 2024, initiated with a Accumulate rating and assigned the stock a target price of $27.
On August 29, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $34.
Telsey Advisory Group reiterated its Market Perform rating for the stock on August 29, 2024, while the target price for the stock was revised from $27 to $30.
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 Aug 27 ’24 when Vesa Equity Investment S.a r.l sold 337,778 shares for $32.99 per share. The transaction valued at 11,144,208 led to the insider holds 10,055,814 shares of the business.
Vesa Equity Investment S.a r.l sold 539,180 shares of FL for $17,912,368 on Aug 26 ’24. The 10% Owner now owns 10,393,592 shares after completing the transaction at $33.22 per share. On Aug 23 ’24, another insider, Vesa Equity Investment S.a r.l, who serves as the 10% Owner of the company, sold 213,520 shares for $32.93 each. As a result, the insider received 7,032,089 and left with 10,932,772 shares of the company.
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 2192027136 and an Enterprise Value of 4803903488. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.589 whereas that against EBITDA is 14.255.
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 $19.44. The 50-Day Moving Average of the stock is -12.82%, while the 200-Day Moving Average is calculated to be -12.63%.
Shares Statistics:
The stock has traded on average 3.09M shares per day over the past 3-months and 2597790 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 83.73M. Insiders hold about 11.73% of the company’s shares, while institutions hold 86.62% stake in the company. Shares short for FL as of 1728950400 were 9702883 with a Short Ratio of 3.14, compared to 1726185600 on 9453414. Therefore, it implies a Short% of Shares Outstanding of 9702883 and a Short% of Float of 17.31.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.017308524The stock’s 5-year Average Dividend Yield is 3.88.
