3 days Ago By ABMN Staff
Foot Locker, Inc. ( NYSE:FL – Free Report ) – Equities research analysts at Zacks Research cut their Q1 2027 earnings estimates for Foot Locker in a report released on Thursday, September 12th. Zacks Research analyst V.
Bagree now expects that the athletic footwear retailer will post earnings per share of $0.46 for the quarter, down from their previous forecast of $0.47.
The consensus estimate for Foot Locker’s current full-year earnings is $1.51 per share. Zacks Research also issued estimates for Foot Locker’s Q2 2027 earnings at $0.
41 EPS. Other equities research analysts have also issued reports about the stock. Wedbush reissued a “neutral” rating and set a $25.
00 price objective on shares of Foot Locker in a report on Wednesday, June 12th. Piper Sandler restated a “neutral” rating and set a $30.00 target price on shares of Foot Locker in a research report on Friday, August 23rd.
Barclays upgraded shares of Foot Locker from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $27.00 to $34.00 in a research report on Thursday, August 29th.
Telsey Advisory Group reiterated a “market perform” rating and issued a $27.00 price objective on shares of Foot Locker in a research report on Wednesday, August 28th. Finally, Robert W.
Baird boosted their target price on shares of Foot Locker from $26.00 to $35.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th.
Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Foot Locker presently has an average rating of “Hold” and an average price target of $26.
40. Foot Locker Price Performance NYSE FL opened at $26.94 on Monday.
The firm’s fifty day simple moving average is $28.17 and its two-hundred day simple moving average is $25.73.
The company has a current ratio of 1.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.
15. Foot Locker has a 12-month low of $16.68 and a 12-month high of $35.
60. The firm has a market capitalization of $2.56 billion, a P/E ratio of -7.
11, a P/E/G ratio of 0.61 and a beta of 1.44.
Insider Transactions at Foot Locker In other Foot Locker news, major shareholder Vesa Equity Investment S.A R.L sold 246,886 shares of the stock in a transaction that occurred on Thursday, August 22nd.
The shares were sold at an average price of $32.93, for a total transaction of $8,129,955.98.
Following the sale, the insider now directly owns 11,146,292 shares in the company, valued at approximately $367,047,395.56. The transaction was disclosed in a document filed with the SEC, which is available through this link .
In the last three months, insiders have sold 787,566 shares of company stock worth $26,090,866. 1.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Foot Locker A number of hedge funds and other institutional investors have recently modified their holdings of FL. Dana Investment Advisors Inc. grew its position in Foot Locker by 34.
3% during the 2nd quarter. Dana Investment Advisors Inc. now owns 115,480 shares of the athletic footwear retailer’s stock worth $2,878,000 after purchasing an additional 29,522 shares during the last quarter.
Point72 Asset Management L.P. acquired a new position in Foot Locker during the second quarter worth about $10,005,000.
Quarry LP acquired a new position in Foot Locker during the second quarter worth about $31,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Foot Locker by 156.
1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock worth $40,000 after buying an additional 985 shares in the last quarter.
Finally, Algert Global LLC grew its holdings in shares of Foot Locker by 194.3% during the second quarter. Algert Global LLC now owns 111,049 shares of the athletic footwear retailer’s stock worth $2,767,000 after buying an additional 73,319 shares in the last quarter.
About Foot Locker ( Get Free Report ) Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer. See Also Receive News & Ratings for Foot Locker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foot Locker and related companies with MarketBeat.
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