In the last trading session, 2.79 million shares of the Foot Locker Inc (NYSE:FL) were traded, and its beta was 1.42. Most recently the company’s share price was $24.13, and it changed around $0.89 or 3.83% from the last close, which brings the market valuation of the company to $2.29B. FL currently trades at a discount to its 52-week high of $35.60, offering almost -47.53% off that amount. The share price’s 52-week low was $19.44, which indicates that the current value has risen by an impressive 19.44% since then. We note from Foot Locker Inc’s average daily trading volume that its 10-day average is 2.47 million shares, with the 3-month average coming to 3.03 million.

Foot Locker Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.20. If we narrow it down even further, the data shows that 2 out of 21 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 12 recommended FL as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Foot Locker Inc is expected to report earnings per share of 0.41 for the current quarter.

Foot Locker Inc (NYSE:FL) trade information

Instantly FL has showed a green trend with a performance of 3.83% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 24.55 on recent trading dayincreased the stock’s daily price by 1.71%. The company’s shares are currently down -22.54% year-to-date, but still down -1.87% over the last five days. On the other hand, Foot Locker Inc (NYSE:FL) is -8.39% down in the 30-day period. We can see from the shorts that 9.7 million shares have been sold at a short interest cover period of 3.44 day(s).

The consensus price target as assigned by Wall Street analysts is $31.5, which translates to bulls needing to increase their stock price by 23.4% from its current value. Analyst projections state that FL is forecast to be at a low of $15 and a high of $55.

Foot Locker Inc (FL) estimates and forecasts

Foot Locker Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 9.78 percent over the past six months and at a 4.93% annual growth rate that is well below the industry average of 11.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 36.70% in revenue this quarter, and will report an increase of 144.70% in the next quarter. The year-over-year growth rate is expected to be -0.20%, down from the previous year.

Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 2.02B in revenue for the current quarter. 16 analysts expect Foot Locker Inc to make 2.35B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -1.20%.

Foot Locker Inc earnings are expected to increase by 12.03% in 2024, but the outlook is positive 24.90% per year for the next five years.

FL Dividends

Foot Locker Inc’s next quarterly earnings report is expected to be released in November. The average dividend yield for the past five years averaged 3.88 per year.

Foot Locker Inc (NYSE:FL)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.19% of Foot Locker Inc shares, and 100.04% of them are in the hands of institutional investors. The stock currently has a share float of 101.24%. Foot Locker Inc stock is held by 392.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.1132% of the shares, which is about 13.37 million shares worth $333.06 million.

VESA EQUITY INVESTMENT S.A R.L., with 12.1104% or 11.47 million shares worth $285.8 million as of 2024-06-30, holds the second largest percentage of outstanding shares.