Foot Locker, Inc. (NYSE:FL - Free Report) - Investment analysts at Seaport Res Ptn issued their Q2 2026 EPS estimates for Foot Locker in a report released on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz expects that the athletic footwear retailer will earn $0.21 per share for the quarter. The consensus estimate for Foot Locker's current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker's Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $1.50 EPS, FY2027 earnings at $1.85 EPS and FY2028 earnings at $2.18 EPS.
Foot Locker (NYSE:FL - Get Free Report) last posted its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.13. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the company earned $0.38 EPS. The company's quarterly revenue was down 5.7% compared to the same quarter last year.
Several other research analysts have also commented on FL. Williams Trading upgraded Foot Locker from a "sell" rating to a "hold" rating and lifted their price target for the stock from $17.00 to $21.00 in a research report on Wednesday, November 27th. The Goldman Sachs Group dropped their target price on Foot Locker from $25.00 to $22.00 and set a "sell" rating for the company in a report on Thursday, December 5th. JPMorgan Chase & Co. decreased their price target on Foot Locker from $23.00 to $20.00 and set an "underweight" rating on the stock in a report on Friday, January 24th. Evercore ISI dropped their price objective on shares of Foot Locker from $30.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. Finally, Piper Sandler cut their price objective on shares of Foot Locker from $23.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $22.81.
Get Our Latest Analysis on FL
Foot Locker Price Performance
Shares of NYSE:FL traded down $0.96 on Friday, reaching $16.22. The company's stock had a trading volume of 5,400,861 shares, compared to its average volume of 3,275,727. The company has a 50-day simple moving average of $19.62 and a 200 day simple moving average of $22.96. Foot Locker has a 52-week low of $15.90 and a 52-week high of $33.94. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. The company has a market cap of $1.54 billion, a P/E ratio of -3.60, a PEG ratio of 0.53 and a beta of 1.55.
Institutional Investors Weigh In On Foot Locker
A number of institutional investors have recently added to or reduced their stakes in the stock. Summit Investment Advisors Inc. grew its stake in Foot Locker by 6.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 8,728 shares of the athletic footwear retailer's stock worth $190,000 after buying an additional 562 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Foot Locker by 81.6% during the fourth quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer's stock valued at $31,000 after acquiring an additional 648 shares in the last quarter. Chartwell Investment Partners LLC increased its holdings in shares of Foot Locker by 2.4% during the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer's stock valued at $870,000 after acquiring an additional 782 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Foot Locker by 32.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer's stock valued at $84,000 after purchasing an additional 801 shares during the last quarter. Finally, Foundry Partners LLC boosted its stake in Foot Locker by 8.8% in the 4th quarter. Foundry Partners LLC now owns 12,784 shares of the athletic footwear retailer's stock worth $278,000 after purchasing an additional 1,031 shares in the last quarter.
Foot Locker Company Profile
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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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