Foot Locker, Inc. (NYSE:FL - Free Report) - Stock analysts at Telsey Advisory Group decreased their FY2025 earnings estimates for shares of Foot Locker in a research report issued to clients and investors on Thursday, December 5th. Telsey Advisory Group analyst C. Fernandez now expects that the athletic footwear retailer will post earnings per share of $1.25 for the year, down from their prior estimate of $1.60. Telsey Advisory Group has a "Market Perform" rating and a $24.00 price target 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 analysts have also weighed in on FL. Gordon Haskett started coverage on Foot Locker in a report on Monday, October 7th. They issued an "accumulate" rating and a $27.00 price objective for the company. UBS Group dropped their target price on shares of Foot Locker from $26.00 to $22.00 and set a "neutral" rating on the stock in a report on Thursday. Robert W. Baird lowered their price objective on shares of Foot Locker from $27.00 to $24.00 and set a "neutral" rating for the company in a research report on Thursday. StockNews.com cut shares of Foot Locker from a "hold" rating to a "sell" rating in a report on Friday, September 20th. Finally, Citigroup upped their target price on Foot Locker from $27.00 to $33.00 and gave the company a "neutral" rating in a report on Tuesday, August 20th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $25.29.
Get Our Latest Analysis on FL
Foot Locker Trading Down 0.8 %
Shares of FL traded down $0.18 during midday trading on Monday, hitting $21.82. The company had a trading volume of 5,018,849 shares, compared to its average volume of 3,372,358. The company's 50 day moving average price is $23.87 and its 200 day moving average price is $25.85. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. 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 business 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 business's revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 earnings per share.
Institutional Investors Weigh In On Foot Locker
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP bought a new stake in shares of Foot Locker in the 2nd quarter worth $31,000. Fifth Third Bancorp grew its holdings in Foot Locker by 116.0% during the second quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer's stock worth $34,000 after acquiring an additional 733 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Foot Locker by 156.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer's stock worth $40,000 after acquiring an additional 985 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Foot Locker during the 2nd quarter valued at about $43,000. Finally, nVerses Capital LLC acquired a new position in shares of Foot Locker in the 3rd quarter worth approximately $47,000.
About Foot Locker
(
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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.
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