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After finishing at $25.07 in the prior trading day, Foot Locker Inc (NYSE: FL) closed at $24.11, down -3.83%. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 1.63 million shares were traded. FL stock price reached its highest trading level at $25.04 during the session, while it also had its lowest trading level at $24.09.
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 7.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 285.46. 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 this company, Telsey Advisory Group on May 31, 2024, Reiterated its Market Perform rating but revised its target price to $27 from $26 previously.
On March 25, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $28 to $32.
Citigroup Upgraded its Sell to Neutral on March 22, 2024, whereas the target price for the stock was revised from $19 to $24.
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 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 2283651072 and an Enterprise Value of 7211302912. 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 0.889 whereas that against EBITDA is 21.399.
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 $14.84. The 50-Day Moving Average of the stock is 3.44%, while the 200-Day Moving Average is calculated to be -2.25%.
Shares Statistics:
The stock has traded on average 3.46M shares per day over the past 3-months and 2245400 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 82.10M. Insiders hold about 13.32% of the company’s shares, while institutions hold 90.35% stake in the company. Shares short for FL as of 1715731200 were 9204463 with a Short Ratio of 2.61, compared to 1713139200 on 10717444. Therefore, it implies a Short% of Shares Outstanding of 9204463 and a Short% of Float of 16.530001.
Dividends & Splits
In the trailing 12 months, FL’s forward annual dividend rate was 0.8, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 0.03191065The stock’s 5-year Average Dividend Yield is 3.97.
