Foot Locker, Inc. Expected to Earn FY2025 Earnings of $2.15 Per Share (NYSE:FL)

by · The Markets Daily

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Foot Locker, Inc. (NYSE:FL – Free Report) – Research analysts at Seaport Res Ptn upped their FY2025 EPS estimates for shares of Foot Locker in a note issued to investors on Wednesday, November 29th. Seaport Res Ptn analyst M. Kummetz now forecasts that the athletic footwear retailer will post earnings of $2.15 per share for the year, up from their previous forecast of $1.79. The consensus estimate for Foot Locker’s current full-year earnings is $1.35 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2026 earnings at $3.00 EPS.

Several other brokerages have also recently issued reports on FL. BTIG Research cut shares of Foot Locker from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. Jefferies Financial Group cut shares of Foot Locker from a “buy” rating to a “hold” rating and decreased their price target for the stock from $28.00 to $18.00 in a research report on Monday, September 25th. Guggenheim decreased their price target on shares of Foot Locker from $50.00 to $23.00 and set a “buy” rating for the company in a research report on Thursday, August 24th. Telsey Advisory Group upped their price target on shares of Foot Locker from $22.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, November 30th. Finally, UBS Group decreased their price target on shares of Foot Locker from $22.00 to $11.00 and set a “sell” rating for the company in a research report on Thursday, August 24th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.32.

View Our Latest Stock Report on FL

Foot Locker Stock Down 4.6 %

Shares of NYSE FL opened at $28.50 on Monday. Foot Locker has a 52-week low of $14.84 and a 52-week high of $47.22. The firm has a fifty day moving average of $21.65 and a 200-day moving average of $23.09. The stock has a market capitalization of $2.68 billion, a PE ratio of 34.34 and a beta of 1.33. The company has a quick ratio of 0.35, a current ratio of 1.63 and a debt-to-equity ratio of 0.14.

Foot Locker (NYSE:FL – Get Free Report) last announced its quarterly earnings data on Wednesday, November 29th. The athletic footwear retailer reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.07. Foot Locker had a net margin of 0.96% and a return on equity of 5.83%. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period in the previous year, the company earned $1.27 EPS. The business’s quarterly revenue was down 8.6% compared to the same quarter last year.

Insider Activity

In related news, CEO Mary N. Dillon bought 5,510 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were acquired at an average price of $18.17 per share, for a total transaction of $100,116.70. Following the purchase, the chief executive officer now owns 27,649 shares in the company, valued at approximately $502,382.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Foot Locker

Institutional investors have recently modified their holdings of the stock. Investors Research Corp raised its stake in Foot Locker by 1.5% during the first quarter. Investors Research Corp now owns 18,092 shares of the athletic footwear retailer’s stock worth $718,000 after acquiring an additional 267 shares during the period. Perritt Capital Management Inc. raised its stake in Foot Locker by 2.3% during the first quarter. Perritt Capital Management Inc. now owns 13,212 shares of the athletic footwear retailer’s stock worth $524,000 after acquiring an additional 300 shares during the period. Sei Investments Co. raised its stake in Foot Locker by 0.6% during the fourth quarter. Sei Investments Co. now owns 57,195 shares of the athletic footwear retailer’s stock worth $2,161,000 after acquiring an additional 336 shares during the period. Sheaff Brock Investment Advisors LLC raised its stake in Foot Locker by 3.5% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 14,489 shares of the athletic footwear retailer’s stock worth $393,000 after acquiring an additional 491 shares during the period. Finally, Cibc World Market Inc. raised its stake in Foot Locker by 4.4% during the second quarter. Cibc World Market Inc. now owns 11,902 shares of the athletic footwear retailer’s stock worth $323,000 after acquiring an additional 503 shares during the period.

About Foot Locker

(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 youth culture 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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