Foot Locker Inc (NYSE: FL) Has Yet To Impress Analysts?

Foot Locker Inc (NYSE:FL) traded at $20.85 at close of the session on Tuesday, April 30, made a downward move of -2.39% on its previous day’s price.

Looking at the stock we see that its previous close was $21.36 . In terms of its 52-week price range, FL has a high of $42.79 and a low of $14.84. The company’s stock has lost about -24.24% over that past 30 days.

Foot Locker Inc has a market cap of $1.97 billion. With its Forward Dividend at 0.80 and a yield of 3.84%, the company’s investors could be anxious for the FL stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.13, with the EPS growth for the year raised at $1.58 for 2025 and $2.19 for next year. These figures represent 11.30% and 38.60% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.89 billion, with a low of $1.85 billion and a high of $1.92 billion. The median projection represents growth adding up to -5.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $8.14 billion, or -0.40% down from figures reported last year.

On the other hand, looking at the outlook for the FL stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.

Looking further, we note the current price level is -8.40% off its SMA20 and -20.20% from its 50-day simple moving average. The RSI (14) is pointing at 33.64 while the volatility over the past week is 3.74% and jumps to 3.72% over the past one month. The beta value is 1.47, while the average true range (ATR) is currently pointing at 0.98.

Coming back to Foot Locker Inc (NYSE:FL), we note that the average 3-month trading volume was 3.90 million. Current shares outstanding are 94.22 million.

The insiders hold 13.90% of the company’s shares while institutions hold 92.78%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -33.07% down in year-to-date price movement.

Most Popular