Foot Locker (NYSE:FL - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, December 4th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Foot Locker (NYSE:FL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 28th. The athletic footwear retailer reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.03. The business had revenue of $1.90 billion during the quarter, compared to analysts' expectations of $1.88 billion. Foot Locker had a negative net margin of 4.48% and a positive return on equity of 2.73%. On average, analysts expect Foot Locker to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Foot Locker Stock Performance
Foot Locker stock traded up $0.94 on Wednesday, reaching $25.42. 1,618,313 shares of the stock were exchanged, compared to its average volume of 3,234,230. The company has a quick ratio of 0.49, a current ratio of 1.66 and a debt-to-equity ratio of 0.15. Foot Locker has a twelve month low of $20.47 and a twelve month high of $35.60. The firm has a fifty day moving average price of $24.51 and a two-hundred day moving average price of $25.77.
Analyst Ratings Changes
Several equities analysts recently issued reports on FL shares. Barclays upgraded Foot Locker from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $27.00 to $34.00 in a research note on Thursday, August 29th. Evercore ISI cut their target price on Foot Locker from $38.00 to $32.00 and set an "outperform" rating for the company in a research note on Tuesday. Needham & Company LLC assumed coverage on shares of Foot Locker in a report on Friday, November 22nd. They issued a "buy" rating and a $27.00 price target on the stock. Telsey Advisory Group reiterated a "market perform" rating and set a $27.00 target price on shares of Foot Locker in a research report on Wednesday, August 28th. Finally, Piper Sandler restated a "neutral" rating and set a $30.00 price target on shares of Foot Locker in a research note on Friday, August 23rd. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $26.93.
Read Our Latest Research Report on FL
Foot Locker Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Foot Locker, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Foot Locker wasn't on the list.
While Foot Locker currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
