In the last trading session, 2.52 million Foot Locker Inc (NYSE:FL) shares changed hands as the company’s beta touched 1.42. With the company’s per share price at $11.73 changed hands at -$0.27 or -2.25% during last session, the market valuation stood at $1.11B. FL’s last price was a discount, traded about -189.34% off its 52-week high of $33.94. The share price had its 52-week low at $11.00, which suggests the last value was 6.22% up since then. When we look at Foot Locker Inc’s average trading volume, we note the 10-day average is 4.03 million shares, with the 3-month average coming to 4.31 million.
Analysts gave the Foot Locker Inc (FL) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.90. If we narrow down to specifics, the data shows that 4 out of 17 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended FL as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Foot Locker Inc’s EPS for the current quarter is expected to be -0.02.
Foot Locker Inc (NYSE:FL) trade information
Instantly FL was in red as seen at the end of in last trading. With action -1.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -46.09%, with the 5-day performance at -1.43% in the red. However, in the 30-day time frame, Foot Locker Inc (NYSE:FL) is -23.38% down. Looking at the short shares, we see there were 12.82 million shares sold at short interest cover period of 2.56 days.
The consensus price target for the stock as assigned by Wall Street analysts is 20.5, meaning bulls need an upside of 42.78% from its current market value. According to analyst projections, FL’s forecast low is 19 with 28 as the target high. To hit the forecast high, the stock’s price needs a -138.7% plunge from its current level, while the stock would need to soar -61.98% for it to hit the projected low.
Foot Locker Inc (FL) estimates and forecasts
Year-over-year growth is forecast to reach -0.34% down from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.86B. 15 analysts are of the opinion that Foot Locker Inc’s revenue for the current quarter will be 1.9B. The company’s revenue for the corresponding quarters a year ago was 1.88B and 1.9B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.17%. The estimates for the next quarter sales put growth at -0.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -51.11%. The 2025 estimates are for Foot Locker Inc earnings to decrease by -0.32%, but the outlook for the next 5-year period is at 12.25% per year.
FL Dividends
Foot Locker Inc is expected to release its next quarterly earnings report on 2025-Mar-04. During the past 5 years, the average dividend yield was 3.85 per year.
Foot Locker Inc (NYSE:FL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.60% of Foot Locker Inc shares while 104.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 105.22%. There are 104.60% institutions holding the Foot Locker Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 14.0687% of the shares, roughly 13.37 million FL shares worth $333.06 million.
VESA EQUITY INVESTMENT S.A R.L. holds the second largest percentage of outstanding shares, with 12.0722% or 11.47 million shares worth $285.8 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund . With 5.1 shares estimated at $59.87 million under it, the former controlled 5.36% of total outstanding shares. On the other hand, ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund held about 3.94% of the shares, roughly 3.75 shares worth around $43.97 million.
