Foot Locker Inc (FL) stock expected to rise by 49.67%: What’s driving the optimism?

At the time of writing, Foot Locker Inc [FL] stock is trading at $18.26, up 5.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FL shares have gain 4.76% over the last week, with a monthly amount drifted -3.28%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Foot Locker Inc [NYSE: FL] stock has seen the most recent analyst activity on March 03, 2025, when Evercore ISI reiterated its Outperform rating and also revised its price target to $22 from $30. Previously, Needham reaffirmed its Buy rating on January 24, 2025, and dropped its price target to $24. On December 05, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $24 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $27 on November 22, 2024. Gordon Haskett initiated its recommendation with a Accumulate and recommended $27 as its price target on October 07, 2024. Barclays upgraded its rating to Overweight for this stock on August 29, 2024, but kept the price target unchanged to $34. In a note dated August 29, 2024, Telsey Advisory Group reiterated an Market Perform rating on this stock and boosted its target price from $27 to $30.

For the past year, the stock price of Foot Locker Inc fluctuated between $16.92 and $34.71. Currently, Wall Street analysts expect the stock to reach $27.33 within the next 12 months. Foot Locker Inc [NYSE: FL] shares were valued at $18.26 at the most recent close of the market. An investor can expect a potential return of 49.67% based on the average FL price forecast.

Analyzing the FL fundamentals

According to Foot Locker Inc [NYSE:FL], the company’s sales were 8.12B for trailing twelve months, which represents an -1.41% plunge. 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 -0.07, 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 0.96.

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 17.46 points at the first support level, and at 16.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.37, and for the 2nd resistance point, it is at 20.47.

Ratios To Look Out For

It is important to note that Foot Locker Inc [NYSE:FL] has a current ratio of 1.67. As well, the Quick Ratio is 0.45, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.60.

Transactions by insiders

Recent insider trading involved PAYNE ULICE JR, Director, that happened on Dec 27 ’24 when 1100.0 shares were sold. Director, Ulice Payne Jr. completed a deal on Dec 27 ’24 to buy 1100.0 shares. Meanwhile, 10% Owner Vesa Equity Investment S.a r.l sold 0.34 million shares on Aug 27 ’24.

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