Foot Locker Inc [FL] stock is trading at $22.49, up 3.17%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FL shares have gain 3.07% over the last week, with a monthly amount drifted -5.31%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Foot Locker Inc [NYSE: FL] stock has seen the most recent analyst activity on December 05, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $24 from $30. Previously, Needham started tracking the stock with Buy rating on November 22, 2024, and set its price target to $27. On October 07, 2024, Gordon Haskett initiated with a Accumulate rating and assigned a price target of $27 on the stock. Barclays upgraded its rating to a Overweight but stick to its price target of $34 on August 29, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $30 on August 29, 2024. In a note dated July 18, 2024, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $24 to $18.
Foot Locker Inc [FL] stock has fluctuated between $19.33 and $35.60 over the past year. Currently, Wall Street analysts expect the stock to reach $28.2 within the next 12 months. Foot Locker Inc [NYSE: FL] shares were valued at $22.49 at the most recent close of the market. An investor can expect a potential return of 25.39% based on the average FL price forecast.
Analyzing the FL fundamentals
Foot Locker Inc [NYSE:FL] reported sales of 8.12B for the trailing twelve months, which represents a drop of -1.41%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.15 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.74 points at the first support level, and at 20.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.34, and for the 2nd resistance point, it is at 24.19.
Ratios To Look Out For
For context, Foot Locker Inc’s Current Ratio is 1.67. In addition, the Quick Ratio stands at 0.45 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 0.74.
Transactions by insiders
Recent insider trading involved Vesa Equity Investment S.a r.l, 10% Owner, that happened on Aug 27 ’24 when 0.34 million shares were sold. 10% Owner, Vesa Equity Investment S.a r.l completed a deal on Aug 26 ’24 to sell 0.54 million shares. Meanwhile, 10% Owner Vesa Equity Investment S.a r.l sold 0.21 million shares on Aug 23 ’24.
