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In the latest session, Foot Locker Inc (NYSE: FL) closed at $22.73 up 1.02% from its previous closing price of $22.50. In other words, the price has increased by $1.02 from its previous closing price. On the day, 3.29 million shares were traded. FL stock price reached its highest trading level at $22.825 during the session, while it also had its lowest trading level at $21.65.
Ratios:
For a deeper understanding of Foot Locker Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.84. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2155983616 and an Enterprise Value of 4762168320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.584 whereas that against EBITDA is 14.131.
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 $20.47. The 50-Day Moving Average of the stock is -8.05%, while the 200-Day Moving Average is calculated to be -12.41%.
Shares Statistics:
For the past three months, FL has traded an average of 3.13M shares per day and 2482940 over the past ten 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 90.94% 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 0.017777778The stock’s 5-year Average Dividend Yield is 3.85.
Earnings Estimates
The performance of Foot Locker Inc (FL) in the stock market is under the watchful eye of 17.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.94, with high estimates of $1.11 and low estimates of $0.73.
Analysts are recommending an EPS of between $1.75 and $1.22 for the fiscal current year, implying an average EPS of $1.53. EPS for the following year is $2.08, with 18.0 analysts recommending between $2.5 and $1.37.
Revenue Estimates
A total of 15 analysts believe the company’s revenue will be $2.02B this quarter.It ranges from a high estimate of $2.06B to a low estimate of $1.97B. As of the current estimate, Foot Locker Inc’s year-ago sales were $1.99BFor the next quarter, 15 analysts are estimating revenue of $2.35B. There is a high estimate of $2.42B for the next quarter, whereas the lowest estimate is $2.26B.
A total of 17 analysts have provided revenue estimates for FL’s current fiscal year. The highest revenue estimate was $8.3B, while the lowest revenue estimate was $8.01B, resulting in an average revenue estimate of $8.15B. In the same quarter a year ago, actual revenue was $8.17BBased on 17 analysts’ estimates, the company’s revenue will be $8.36B in the next fiscal year. The high estimate is $8.63B and the low estimate is $8.09B.
