Do Foot Locker Inc (NYSE: FL) Fit In A Value Investing Philosophy?

Currently, there are 91.91M common shares owned by the public and among those 81.44M shares have been available to trade.

The company’s stock has a 5-day price change of 12.87% and -19.91% over the past three months. FL shares are trading -16.95% year to date (YTD), with the 12-month market performance down to -31.43% lower. It has a 12-month low price of $14.84 and touched a high of $42.79 over the same period. FL has an average intraday trading volume of 3.64 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.58%, -9.89%, and 2.94% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Foot Locker Inc (NYSE: FL) shares accounts for 94.58% of the company’s 91.91M shares outstanding.

It has a market capitalization of $2.44B and a beta (3y monthly) value of 1.41. The earnings-per-share (ttm) stands at -$3.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.97% over the week and 5.21% over the month.

Analysts forecast that Foot Locker Inc (FL) will achieve an EPS of $0.13 for the current quarter, -$0.01 for the next quarter and $2.22 for 2026. The lowest estimate earnings-per-share for the quarter is $0.08 while analysts give the company a high EPS estimate of $0.19. Comparatively, EPS for the current quarter was $0.7 a year ago. Earnings per share for the fiscal year are expected to increase by 9.38%, and 43.13% over the next financial year.

Looking at the support for the FL, a number of firms have released research notes about the stock. Evercore ISI stated their Outperform rating for the stock in a research note on Mar-26-24, with the firm’s price target at $28-$32. Citigroup coverage for the Foot Locker Inc (FL) stock in a research note released on March 22, 2024 offered a Neutral rating with a price target of $24. UBS was of a view on March 11, 2024 that the stock is Neutral, while Telsey Advisory Group gave the stock Market Perform rating on March 07, 2024, issuing a price target of $38- $28. Telsey Advisory Group on their part issued Outperform rating on March 01, 2024.

Most Popular

Related Posts