NYSE:FL - Foot Locker Stock Price, News, & Analysis

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$48.81 -2.07 (-4.07 %)

(As of 11/19/2018 03:48 PM ET)

Previous Close$50.88

Today's Range$48.13 - $51.24

52-Week Range$38.17 - $59.40

Volume3.05 million shs

Average Volume2.54 million shs

Market Capitalization$5.85 billion

P/E Ratio11.88

Dividend Yield2.71%

Beta0.84

Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02. The Direct-to-Customers segment sells athletic footwear, apparel, equipment, and team licensed merchandise for high school and other athletes through Internet and mobile sites, and catalogs. This segment operates sites for eastbay.com, final-score.com, and eastbayteamsales.com, as well as footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, champssports.com, footaction.com, footlocker.ca, footlocker.eu, footlocker.au, runnerspoint.com, and sidestep-shoes.com. As of February 3, 2018, the company operated 3,310 stores in 24 countries in North America, Europe, Australia, and New Zealand, as well as 98 franchised Foot Locker stores in the Middle East and 14 franchised Runners Point stores in Germany. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry Shoe stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:FL

Previous Symbol

CUSIP34484910

Webwww.footlocker-inc.com

Phone212-720-3700

Debt

Debt-to-Equity Ratio0.05

Current Ratio3.50

Quick Ratio1.76

Price-To-Earnings

Trailing P/E Ratio11.88

Forward P/E Ratio10.94

P/E Growth1.78

Sales & Book Value

Annual Sales$7.78 billion

Price / Sales0.72

Cash Flow$5.5340 per share

Price / Cash8.82

Book Value$20.78 per share

Price / Book2.35

Profitability

EPS (Most Recent Fiscal Year)$4.11

Net Income$284 million

Net Margins3.88%

Return on Equity20.67%

Return on Assets13.54%

Miscellaneous

Employees49,209

Outstanding Shares114,900,000

Market Cap$5.85 billion

OptionableOptionable

Foot Locker (NYSE:FL) Frequently Asked Questions

What is Foot Locker's stock symbol?

Foot Locker trades on the New York Stock Exchange (NYSE) under the ticker symbol "FL."

How often does Foot Locker pay dividends? What is the dividend yield for Foot Locker?

Foot Locker announced a quarterly dividend on Tuesday, August 21st. Stockholders of record on Friday, October 19th will be paid a dividend of $0.345 per share on Friday, November 2nd. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, October 18th. View Foot Locker's Dividend History.

How will Foot Locker's stock buyback program work?

Foot Locker announced that its board has approved a stock repurchase plan on Thursday, April 6th 2017, which allows the company to buyback $1,200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) announced its quarterly earnings data on Friday, August, 24th. The athletic footwear retailer reported $0.75 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.05. The athletic footwear retailer had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.76 billion. Foot Locker had a net margin of 3.88% and a return on equity of 20.67%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 earnings per share. View Foot Locker's Earnings History.

When is Foot Locker's next earnings date?

Foot Locker is scheduled to release their next quarterly earnings announcement on Tuesday, November 20th 2018. View Earnings Estimates for Foot Locker.

How can I listen to Foot Locker's earnings call?

Foot Locker will be holding an earnings conference call on Wednesday, November 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for FL?

24 equities research analysts have issued 12-month price targets for Foot Locker's shares. Their predictions range from $43.00 to $70.00. On average, they anticipate Foot Locker's share price to reach $56.9130 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foot Locker in the last year. There are currently 1 sell rating, 7 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foot Locker.

What are Wall Street analysts saying about Foot Locker stock?

Here are some recent quotes from research analysts about Foot Locker stock:

1. Pivotal Research analysts commented, "We’re modeling the quarter slightly below consensus. We don’t doubt that FL was better positioned in terms of flow/depth of premium styles for 3Q than 2Q, but we also see a few offsets, including 1) some October wallet share shift from athletic to boots, 2) some post-B2S sequential slowdown in demand for Vans, and 3) some post-2Q sequential slowdown in demand for select new athletic franchises. That said, with FL trading at a P/E of ~10x, we’re not sure that too much is expected out of 3Q." (11/19/2018)
2. According to Zacks Investment Research, "Shares of Foot Locker have surged and outpaced the industry in a year. The company’s focus on development of supply chain, improvement of mobile and web platforms, implementation of new point-of-sale software worldwide, and expansion of data analytics capabilities bode well. The company also plans to spend a major portion of the capital on its fleet of stores, including revamping and remodeling of the same. Further, it is exploring off-mall retail format opportunities and executing shop-in-shop spaces in collaboration with vendors. Certainly, these efforts would help attain long-term goals that include sales of $10 billion and net income margin of 8.5%. The company’s second-quarter fiscal 2018 results are the testimony of the same, wherein both the top and bottom lines beat expectations and grew year over year. However, higher SG&A expenses rate and comps decline in Europe are concerns." (11/13/2018)
3. Canaccord Genuity analysts commented, "FL will report FQ1 results on Friday, May 25 BMO. We are projecting EPS of $1.23 vs. $1.25 consensus on a comp decline of -4%, relatively in line with consensus (-3.9%) and guidance of similar to or worse than 2H17 (-3.7%). While our -4% comp estimate reflects a significant sequential deceleration on a two-year basis and guidance likely has some conservatism built in, we do not see material upside to our estimate due to 1) the pullback in Jordan supply by Nike, 2) moderating sell-throughs in key Adidas platforms like NMD exacerbated by a light launch calendar in Q1, 3) tough comparisons in women’s footwear due to strong sell-throughs of Puma’s Fenty last year, and 4) insufficient depth in Nike’s new platforms Epic React." (5/22/2018)

Has Foot Locker been receiving favorable news coverage?

Media stories about FL stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Foot Locker earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the athletic footwear retailer a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Foot Locker's key competitors?

Some companies that are related to Foot Locker include DSW (DSW), Genesco (GCO), Shoe Carnival (SCVL), Boot Barn (BOOT) and Finish Line (FINL).

Who are Foot Locker's key executives?

Foot Locker's management team includes the folowing people:

Mr. Richard A. Johnson, Chairman, Pres & CEO (Age 60)
Ms. Lauren B. Peters, Exec. VP & CFO (Age 56)
Mr. Pawan Verma, Exec. VP & Chief Information and Customer Connectivity Officer (Age 41)
Mr. Lewis Phillip Kimble, Exec. VP & CEO of International (Age 59)
Mr. Stephen D. Jacobs, Exec. VP & CEO of North America (Age 55)

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.01%), AQR Capital Management LLC (4.96%), Bank of New York Mellon Corp (4.57%), LSV Asset Management (2.53%), Dimensional Fund Advisors LP (2.11%) and Prudential Financial Inc. (1.69%). Company insiders that own Foot Locker stock include Cheryl N Turpin, Giovanna Cipriano, Jarobin Gilbert Jr, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna, Paulette Alviti and Richard A Johnson. View Institutional Ownership Trends for Foot Locker.

Which institutional investors are selling Foot Locker stock?

FL stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Ruffer LLP, Man Group plc, Systematic Financial Management LP, Teachers Retirement System of The State of Kentucky, Pzena Investment Management LLC, Bank of Montreal Can and Panagora Asset Management Inc.. Company insiders that have sold Foot Locker company stock in the last year include Giovanna Cipriano, Jarobin Gilbert Jr, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna and Richard A Johnson. View Insider Buying and Selling for Foot Locker.

Which institutional investors are buying Foot Locker stock?

FL stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, LSV Asset Management, Prudential Financial Inc., Neuberger Berman Group LLC, 1060 Capital LLC, Tyvor Capital LLC, Assenagon Asset Management S.A. and Levin Capital Strategies L.P.. View Insider Buying and Selling for Foot Locker.

How do I buy shares of Foot Locker?

Shares of FL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Foot Locker's stock price today?

One share of FL stock can currently be purchased for approximately $48.41.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $5.85 billion and generates $7.78 billion in revenue each year. The athletic footwear retailer earns $284 million in net income (profit) each year or $4.11 on an earnings per share basis. Foot Locker employs 49,209 workers across the globe.

What is Foot Locker's official website?

The official website for Foot Locker is http://www.footlocker-inc.com.

How can I contact Foot Locker?

Foot Locker's mailing address is 330 WEST 34TH STREET, NEW YORK NY, 10001. The athletic footwear retailer can be reached via phone at 212-720-3700 or via email at [email protected]

MarketBeat Community Rating for Foot Locker (NYSE FL)

Community Ranking:		3.2 out of 5 ( )
Outperform Votes:		1,154 (Vote Outperform)
Underperform Votes:		666 (Vote Underperform)
Total Votes:		1,820

MarketBeat's community ratings are surveys of what our community members think about Foot Locker and other stocks. Vote "Outperform" if you believe FL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FL will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 11/19/2018 by MarketBeat.com Staff

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