Foot Locker stock has undergone multiple analysts rating changes in the recent past. stock Target Lowered by JPMorgan Chase & Co. on 10/18/2021. In a note to investors, the firm issued a new target price of $60.00. The analysts previously had $68.00 target price. JPMorgan Chase & Co.’s price target would indicate a potential upside of 26.02% from the stock’s previous close.
Shares of traded on Friday, reaching $47.00. 5994 shares of the stock traded hands, compared to its average volume of 2210867. On Friday, Shares of closed at $47.00. The firm’s 50 day moving average is $52.05 and its 200 day moving average is $55.12. has a 12 month low of $35.86 and a 12 month high of $66.71. While on yearly highs and lows, today has traded high as $47.34 and has touched $46.90 on the downward trend.
Earnings and What to expect:
Foot Locker last announced its earnings results on August 19th, 2021. The athletic footwear retailer reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $1.20. The business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.09 billion. Its revenue was up 9.5% on a year-over-year basis. Foot Locker has generated $2.81 earnings per share over the last year ($9.71 diluted earnings per share) and currently has a price-to-earnings ratio of 4.9. Earnings for Foot Locker are expected to decrease by -7.30% in the coming year, from $7.12 to $6.60 per share. Foot Locker has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 19th, 2021 based off prior year’s report dates.
Earnings for Foot Locker are expected to decrease by -7.30% in the coming year, from $7.12 to $6.60 per share. The P/E ratio of Foot Locker is 4.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.39. The P/E ratio of Foot Locker is 4.90, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.52. Foot Locker has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued. Foot Locker has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
(NYSE:FL) Moving Average Technical Analysis
5 day Moving Average is $$47.30 And 5 day price change is $0.44 (0.94%) with average volume for 5 day average is 1,202,179. While technical analysis for average 20 days shows significant difference, 20 day moving average is $47.84 and 20 day price change is -$2.95 (-5.90%) and average 20 day moving volume is 2,093,915. 50 day moving average is $52.05 and 50 day price change is -$7.72 ( -14.11%) and with average volume for 50 days is : 2,233,984. 200 day moving average is $55.12 and 200 day price change is $6.57 (16.25%) and with average volume for 200 days is : 1,761,398.
Other owners latest trading in Foot Locker :
- On 10/15/2021 shares held by Pacer Advisors Inc. were 132,785 which equates to market value of $6.06M and appx 0.10% owners of Foot Locker
- On 10/14/2021 shares held by Private Advisor Group LLC were 12,792 which equates to market value of $0.58M and appx 0.00% owners of Foot Locker
- On 10/14/2021 shares held by North Growth Management Ltd. were 274,000 which equates to market value of $12.52M and appx 2.20% owners of Foot Locker
- In total Institutional ownership equates to Institutional Ownership Percentage: 90.82% for Foot Locker
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