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

$39.43

-0.17 (-0.43 %)

(As of 01/21/2020 12:13 PM ET)

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Today's Range

$39.07

Now: $39.43▼

$39.59

50-Day Range

$37.13

MA: $39.14▼

$40.89

52-Week Range

$33.12

Now: $39.43▼

$68.00

Volume93,070 shs

Average Volume2.55 million shs

Market Capitalization$4.12 billion

P/E Ratio8.53

Dividend Yield3.84%

Beta0.92

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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Shoe stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:FL

Previous Symbol

CUSIP34484910

CIK850209

Webhttp://www.footlocker-inc.com/

Phone212-720-3700

Debt

Debt-to-Equity Ratio1.17

Current Ratio1.90

Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio8.53

Forward P/E Ratio8.01

P/E Growth0.9

Sales & Book Value

Annual Sales$7.94 billion

Price / Sales0.52

Cash Flow$6.39 per share

Price / Cash Flow6.17

Book Value$22.20 per share

Price / Book1.78

Profitability

EPS (Most Recent Fiscal Year)$4.71

Net Income$541 million

Net Margins6.39%

Return on Equity21.66%

Return on Assets9.03%

Miscellaneous

Employees49,331

Outstanding Shares104,570,000

Market Cap$4.12 billion

Next Earnings Date3/6/2020 (Estimated)

OptionableOptionable

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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, November 19th. Shareholders of record on Friday, January 17th will be paid a dividend of $0.38 per share on Friday, January 31st. This represents a $1.52 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Thursday, January 16th. View Foot Locker's Dividend History.

How will Foot Locker's stock buyback program work?

Foot Locker declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 20th 2019, which allows the company to repurchase $1,200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 17.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Foot Locker's earnings last quarter?

Foot Locker, Inc. (NYSE:FL) issued its earnings results on Friday, November, 22nd. The athletic footwear retailer reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.06. The athletic footwear retailer had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.94 billion. Foot Locker had a net margin of 6.39% and a return on equity of 21.66%. The business's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.95 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 Friday, March 6th 2020. View Earnings Estimates for Foot Locker.

What price target have analysts set for FL?

20 analysts have issued twelve-month price objectives for Foot Locker's stock. Their forecasts range from $33.00 to $81.00. On average, they anticipate Foot Locker's share price to reach $53.89 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price. View Analyst Price Targets for Foot Locker.

What is the consensus analysts' recommendation for Foot Locker?

20 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 12 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 feel like 2Q19 was a mixed bag, with the puts/takes likely adding up to an in-line quarter. Probably the best news for FL is that, unlike many other retailers, the company has minimal weather exposure, so unforeseen margin pressure seems unlikely. We suspect that running was FL’s strongest comping footwear category, driven by solid Nike Air Max performance, the releases of a sequential uptick in adidas Boost. We also suspect that casual footwear was positive, albeit not as strong as last quarter, as Yeezy likely performed well, but Champion appear to have slowed." (8/20/2019)
2. Guggenheim analysts commented, "We were disappointed with today’s result and are refining our estimates/ lowering our price target to reflect a more muted outlook. However, we would use today’s share price weakness (-16% vs. S&P 500 up slightly) as an incremental opportunity to accumulate shares as we continue to believe valuation remains attractive (shares trade at ~9x our FY19E EPS) given our expectations for ~MSD% comp and EPS growth in FY19E. We are maintaining our BUY rating, but lower our PT to $60 from $75. After finishing FY18 with an impressive +9.7% in 4Q, FL drove +4.6% comp growth in 1Q19. While FL’s comp was one of the strongest in our group so far, it was below our expectations. Additionally, gross margin expansion was softer than expected, while the SG&A rate deleveraged at a more pronounced rate." (5/24/2019)
3. According to Zacks Investment Research, "Shares of Foot Locker have risen and outpaced the industry in a year's time. 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. Such efforts would help attain long-term goals that include sales of $10 billion and net income margin of 8.5%. The company’s third-quarter fiscal 2018 results are the testimony of the same, wherein both the top and bottom lines beat estimates. Although sales fell marginally, earnings grew on a year-over-year basis. However, the comapny has been witnessing an increasing trend in SG&A expenses for quite some time now. Management expects SG&A to rise in the fourth quarter that may strain margins to an extent." (2/4/2019)

Has Foot Locker been receiving favorable news coverage?

News headlines about FL stock have been trending very positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Foot Locker earned a coverage optimism score of 4.0 on InfoTrie's scale. They also gave news stories about the athletic footwear retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Foot Locker.

Are investors shorting Foot Locker?

Foot Locker saw a drop in short interest during the month of December. As of December 13th, there was short interest totalling 8,840,000 shares, a drop of 6.3% from the November 28th total of 9,430,000 shares. Based on an average trading volume of 2,520,000 shares, the short-interest ratio is currently 3.5 days. Currently, 8.5% of the company's stock are sold short. View Foot Locker's Current Options Chain.

Who are some of Foot Locker's key competitors?

Some companies that are related to Foot Locker include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Guess? (GES), Buckle (BKE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO), Shoe Carnival (SCVL) and Chico's FAS (CHS).

What other stocks do shareholders of Foot Locker own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Foot Locker investors own include Intel (INTC), Home Depot (HD), Walt Disney (DIS), Cisco Systems (CSCO), Gilead Sciences (GILD), Alibaba Group (BABA), QUALCOMM (QCOM), Netflix (NFLX), Starbucks (SBUX) and Visa (V).

Who are Foot Locker's key executives?

Foot Locker's management team includes the folowing people:

Mr. Richard A. Johnson, Chairman, Pres & CEO (Age 61)
Ms. Lauren B. Peters, Exec. VP & CFO (Age 57)
Mr. Pawan Verma, Exec. VP & Chief Information and Customer Connectivity Officer (Age 42)
Mr. Lewis Phillip Kimble, Exec. VP & CEO of International (Age 60)
Mr. Stephen D. Jacobs, Exec. VP & CEO of North America (Age 56)

Who are Foot Locker's major shareholders?

Foot Locker's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.09%), Sciencast Management LP (0.05%), Nisa Investment Advisors LLC (0.05%), Smithbridge Asset Management Inc. DE (0.05%), OLD National Bancorp IN (0.04%) and Gateway Investment Advisers LLC (0.04%). Company insiders that own Foot Locker stock include Jarobin Gilbert Jr, John A Maurer, Lauren B Peters, Lewis Phillip Kimble, Matthew M Mckenna 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 Nisa Investment Advisors LLC, New England Research & Management Inc., State of Alaska Department of Revenue, Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, IFP Advisors Inc, Bowling Portfolio Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold Foot Locker company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Sciencast Management LP, Commerzbank Aktiengesellschaft FI, OLD National Bancorp IN, Camelot Portfolios LLC, Smithbridge Asset Management Inc. DE, Zurcher Kantonalbank Zurich Cantonalbank , Huntington National Bank and Winslow Evans & Crocker Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Foot Locker's stock price today?

One share of FL stock can currently be purchased for approximately $39.43.

How big of a company is Foot Locker?

Foot Locker has a market capitalization of $4.12 billion and generates $7.94 billion in revenue each year. The athletic footwear retailer earns $541 million in net income (profit) each year or $4.71 on an earnings per share basis. Foot Locker employs 49,331 workers across the globe.View Additional Information About Foot Locker.

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:		3.1 out of 5 ( )
Outperform Votes:		1,358 (Vote Outperform)
Underperform Votes:		859 (Vote Underperform)
Total Votes:		2,217

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 1/21/2020 by MarketBeat.com Staff

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