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The price of Foot Locker Inc (NYSE: FL) closed at $23.75 in the last session, down -2.34% from day before closing price of $24.32. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 2.3 million shares were traded. FL stock price reached its highest trading level at $24.435 during the session, while it also had its lowest trading level at $23.62.
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 7.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.60. 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:
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 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 2252732672 and an Enterprise Value of 4880733184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.599 whereas that against EBITDA is 14.483.
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 $20.08. The 50-Day Moving Average of the stock is -4.49%, while the 200-Day Moving Average is calculated to be -8.81%.
Shares Statistics:
According to the various share statistics, FL traded on average about 3.13M shares per day over the past 3-months and 2662790 shares per day over the past 10 days. 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 87.10% stake in the company. Shares short for FL as of 1730332800 were 8324725 with a Short Ratio of 2.66, compared to 1727654400 on 8949517. Therefore, it implies a Short% of Shares Outstanding of 8324725 and a Short% of Float of 14.850000999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.016447369The stock’s 5-year Average Dividend Yield is 3.85.
