For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Foot Locker Inc’s stock clocked out at $24.32, up 2.01% from its previous closing price of $23.84. In other words, the price has increased by $2.01 from its previous closing price. On the day, 1.99 million shares were traded. FL stock price reached its highest trading level at $24.33 during the session, while it also had its lowest trading level at $23.77.
Ratios:
To gain a deeper understanding of FL’s stock, we examine 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:
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 2298108672 and an Enterprise Value of 4944108032. 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 0.79. Its current Enterprise Value per Revenue stands at 0.605 whereas that against EBITDA is 12.809.
Stock Price History:
Over the past 52 weeks, FL has reached a high of $42.19, while it has fallen to a 52-week low of $14.84. The 50-Day Moving Average of the stock is -0.90%, while the 200-Day Moving Average is calculated to be -1.39%.
Shares Statistics:
It appears that FL traded 4.02M shares on average per day over the past three months and 2918550 shares per day over the past ten days. A total of 94.22M shares are outstanding, with a floating share count of 81.87M. Insiders hold about 13.36% of the company’s shares, while institutions hold 92.24% stake in the company. Shares short for FL as of 1713139200 were 10717444 with a Short Ratio of 2.67, compared to 1710460800 on 11176908. Therefore, it implies a Short% of Shares Outstanding of 10717444 and a Short% of Float of 19.25.
Dividends & Splits
With its trailing 12-month dividend rate of 1.2, FL has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 0.05033557The stock’s 5-year Average Dividend Yield is 3.98.
