Foot Locker, Inc. (NYSE:FL – Free Report) – Investment analysts at Telsey Advisory Group lowered their FY2025 earnings per share estimates for Foot Locker in a note issued to investors on Thursday, December 5th. Telsey Advisory Group analyst C. Fernandez now anticipates that the athletic footwear retailer will post earnings per share of $1.25 for the year, down from their prior forecast of $1.60. Telsey Advisory Group currently has a “Market Perform” rating and a $24.00 target price on the stock. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Telsey Advisory Group also issued estimates for Foot Locker’s Q4 2025 earnings at $0.75 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $1.80 EPS.
Several other equities research analysts have also recently commented on the company. StockNews.com cut Foot Locker from a “hold” rating to a “sell” rating in a research note on Friday, September 20th. Morgan Stanley cut their target price on Foot Locker from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Friday, December 6th. Needham & Company LLC restated a “buy” rating and issued a $27.00 target price on shares of Foot Locker in a research note on Wednesday, December 4th. UBS Group cut their target price on Foot Locker from $26.00 to $22.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Finally, Citigroup upped their price objective on Foot Locker from $27.00 to $33.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.29.
Foot Locker Trading Down 0.8 %
NYSE FL opened at $21.65 on Monday. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of -4.80, a PEG ratio of 0.87 and a beta of 1.46. The stock’s 50 day moving average price is $23.73 and its two-hundred day moving average price is $25.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. Foot Locker has a 52 week low of $19.33 and a 52 week high of $35.60.
Foot Locker (NYSE:FL – Get Free Report) last announced its earnings results on Wednesday, December 4th. The athletic footwear retailer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $2.01 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in FL. Quarry LP acquired a new position in Foot Locker in the 2nd quarter valued at $31,000. Fifth Third Bancorp grew its holdings in Foot Locker by 116.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer’s stock valued at $34,000 after buying an additional 733 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Foot Locker by 156.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock valued at $40,000 after buying an additional 985 shares in the last quarter. Headlands Technologies LLC acquired a new position in Foot Locker in the 2nd quarter valued at $43,000. Finally, nVerses Capital LLC acquired a new position in Foot Locker in the 3rd quarter valued at $47,000.
About Foot Locker
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.
Featured Stories
- Five stocks we like better than Foot Locker
- How Investors Can Find the Best Cheap Dividend Stocks
- Survey Reveals: Which States Saw the Biggest Investment Gains in 2024?
- How to Invest in Biotech Stocks
- Amazon’s Healthcare Gamble: A New Era of Medical Disruption
- What Are Dividend Achievers? An Introduction
- Semiconductor Giant Synopsys Slides 14% — Time to Take Notice
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.com's FREE daily email newsletter.