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As of close of business last night, Foot Locker Inc’s stock clocked out at $25.99, up 0.93% from its previous closing price of $25.75. In other words, the price has increased by $0.93 from its previous closing price. On the day, 1.48 million shares were traded. FL stock price reached its highest trading level at $26.18 during the session, while it also had its lowest trading level at $25.43.
Ratios:
To gain a deeper understanding of FL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 307.72. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 2461720832 and an Enterprise Value of 7567442944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.932 whereas that against EBITDA is 22.455.
Stock Price History:
The Beta on a monthly basis for FL is 1.44, which has changed by 0.0065840483 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. 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 6.01%, while the 200-Day Moving Average is calculated to be 1.90%.
Shares Statistics:
It appears that FL traded 2.98M shares on average per day over the past three months and 2466360 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 90.22% stake in the company. Shares short for FL as of 1719532800 were 8475527 with a Short Ratio of 2.85, compared to 1717113600 on 9020940. Therefore, it implies a Short% of Shares Outstanding of 8475527 and a Short% of Float of 15.160000000000002.
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 0.031067962The stock’s 5-year Average Dividend Yield is 3.96.
