In the last trading session, 2.96 million shares of the Foot Locker Inc (NYSE:FL) were traded, and its beta was 1.35. Most recently the company’s share price was $15.68, and it changed around -$0.35 or -2.18% from the last close, which brings the market valuation of the company to $1.49B. FL currently trades at a discount to its 52-week high of $33.94, offering almost -116.45% off that amount. The share price’s 52-week low was $14.98, which indicates that the current value has risen by an impressive 4.46% since then. We note from Foot Locker Inc’s average daily trading volume that its 10-day average is 3.74 million shares, with the 3-month average coming to 3.57 million.
Foot Locker Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.90. If we narrow it down even further, the data shows that 1 out of 18 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 11 recommended FL as a Hold, whereas 1 deemed it a Buy, and 2 rated it as Underweight. Foot Locker Inc is expected to report earnings per share of -0.02 for the current quarter.
Foot Locker Inc (NYSE:FL) trade information
Instantly FL has showed a red trend with a performance of -2.18% 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 16.73 on recent trading dayincreased the stock’s daily price by 6.28%. The company’s shares are currently down -27.94% year-to-date, but still down -5.37% over the last five days. On the other hand, Foot Locker Inc (NYSE:FL) is -12.79% down in the 30-day period. We can see from the shorts that 9.45 million shares have been sold at a short interest cover period of 3.15 day(s).
The consensus price target as assigned by Wall Street analysts is $21, which translates to bulls needing to increase their stock price by 25.33% from its current value. Analyst projections state that FL is forecast to be at a low of $19 and a high of $34.
Foot Locker Inc (FL) estimates and forecasts
The year-over-year growth rate is expected to be -0.02%, down from the previous year.
Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 1.86B in revenue for the current quarter. 15 analysts expect Foot Locker Inc to make 1.9B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.88B and 1.9B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.11%. Forecasts for the next quarter put sales growth at 0.03%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -51.11%. Foot Locker Inc earnings are expected to increase by 8.51% in 2025, but the outlook is positive 14.55% per year for the next five years.
FL Dividends
Foot Locker Inc’s next quarterly earnings report is expected to be released on 2025-Mar-04. The average dividend yield for the past five years averaged 3.85 per year.
Foot Locker Inc (NYSE:FL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.18% of Foot Locker Inc shares, and 106.29% of them are in the hands of institutional investors. The stock currently has a share float of 107.57%. Foot Locker Inc stock is held by 421.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.0687% of the shares, which is about 13.37 million shares worth $333.06 million.
VESA EQUITY INVESTMENT S.A R.L., with 12.0722% or 11.47 million shares worth $285.8 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Small-Cap ETF and Allspring Special Mid Cap Value Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 5.29 shares worth $82.87 million, making up 5.57% of all outstanding shares. On the other hand, Allspring Special Mid Cap Value Fund held roughly 3.75 shares worth around $58.77 million, which represents about 3.95% of the total shares outstanding.
