Foot Locker Inc

Foot Locker Inc Stock Forecast & Price Prediction

Live Foot Locker Inc Stock (FL) Price
$24.32

21

Ratings

  • Buy 7
  • Hold 12
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$24.32

P/E Ratio

33.01

Volume Traded Today

$3.4M

Dividend

$0.4

52 Week High/low

35.60/20.47

Foot Locker Inc Market Cap

$2.37B

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FL Summary

From what 21 stock analysts predict, the share price for Foot Locker Inc (FL) might increase by 15.42% in the next year. This is based on a 12-month average estimation for FL. Price targets go from $17 to $38. The majority of stock analysts believe FL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

FL Analyst Ratings

About 21 Wall Street analysts have assignedFL 7 buy ratings, 12 hold ratings, and 2 sell ratings. This means that analysts expect Foot Locker Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

FL stock forecast by analyst

These are the latest 20 analyst ratings of FL.

Analyst/Firm

Rating

Price Target

Change

Date

Eric Cohen
Gordon Haskett

Accumulate

$27

Initiates

Oct 7, 2024
Jonathan Komp
Baird

Neutral

$27

Maintains

Sep 25, 2024
Cristina Fernandez
Telsey Advisory Group

Market Perform

$30

Maintains

Aug 29, 2024
Adrienne Yih
Barclays

Overweight

$34

Upgrade

Aug 29, 2024
Cristina Fernandez
Telsey Advisory Group

Market Perform

$27

Maintains

Aug 28, 2024
Jonathan Komp
Baird

Neutral

$35

Maintains

Aug 26, 2024
Michael Binetti
Evercore ISI Group

Outperform

$38

Maintains

Aug 26, 2024
Anna Andreeva
Piper Sandler

Neutral

$30

Assumes

Aug 23, 2024
Cristina Fernandez
Telsey Advisory Group

Market Perform

$27

Maintains

Aug 21, 2024
Paul Lejuez
Citigroup

Neutral

$33

Maintains

Aug 20, 2024
Alex Straton
Morgan Stanley

Underweight

$18

Downgrade

Jul 18, 2024
Tom Nikic
Wedbush

Neutral

$25

Reiterates

Jun 12, 2024
Cristina Fernandez
Telsey Advisory Group

Market Perform

$27

Maintains

May 31, 2024
Alex Straton
Morgan Stanley

Equal-Weight

$24

Maintains

May 31, 2024
Adrienne Yih
Barclays

Equal-Weight

$27

Maintains

May 31, 2024
Cristina Fernandez
Telsey Advisory Group

Market Perform

$26

Maintains

May 30, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$26

Maintains

May 23, 2024
Alex Straton
Morgan Stanley

Equal-Weight

$20

Maintains

May 6, 2024
Michael Binetti
Evercore ISI Group

Outperform

$32

Upgrade

Mar 25, 2024
Paul Lejuez
Citigroup

Neutral

$24

Upgrade

Mar 22, 2024

FL Company Information

What They Do: Retailer of footwear and apparel globally.

Business Model: The company operates a diverse portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos, selling athletic footwear and apparel through physical stores, e-commerce sites, and mobile apps. It generates revenue by providing a wide selection of products catering to various customer segments, including children and athletic enthusiasts.

Other Information: Founded in 1879 and headquartered in New York, Foot Locker, Inc. has a strong presence in multiple regions, including North America, Europe, Australia, New Zealand, Asia, and the Middle East. The company was formerly known as Venator Group, Inc. and rebranded in 2001.
FL
Foot Locker Inc (FL)

When did it IPO

1970

Staff Count

14,335

Country

United States

Sector/Industry

Consumer Cyclical/Apparel Retail

CEO

Ms. Mary N. Dillon

Market Cap

$2.37B

Foot Locker Inc (FL) Financial Data

In 2023, FL generated $8.76B in revenue, which was a decrease of -2.33% from the previous year. This can be seen as a signal that FL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$7.55B

0.00 %
From Previous Year

Revenue From 2022

$8.97B

18.72 %
From Previous Year

Revenue From 2023

$8.76B

-2.33 %
From Previous Year
  • Revenue TTM $8.15B
  • Operating Margin TTM -0.1%
  • Gross profit TTM $2.27B
  • Return on assets TTM 1.2%
  • Return on equity TTM -11.9%
  • Profit Margin -4.5%
  • Book Value Per Share 30.55%
  • Market capitalisation $2.37B
  • Revenue for 2021 $7.55B
  • Revenue for 2022 $8.97B
  • Revenue for 2023 $8.76B
  • EPS this year (TTM) $-3.88

Foot Locker Inc (FL) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks utilizes its Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.

Why It Matters - The Zacks Rank system highlights stocks with strong earnings revisions, signaling potential growth. Awareness of value, growth, and momentum trends can guide investment decisions and enhance portfolio performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Investors in the Retail - Apparel and Shoes sector may consider Foot Locker (FL) or Kering SA (PPRUY) for potential value opportunities.

Why It Matters - The comparison between Foot Locker and Kering SA highlights potential investment opportunities in the Retail - Apparel and Shoes sector, signaling varying valuations for value investors.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Foot Locker, Inc. (NYSE: FL) will report Q3 financial results on December 4, 2024, before market open, with a conference call at 9:00 a.m. the same day.

Why It Matters - Foot Locker's upcoming quarterly results and conference call could influence stock performance, impacting investor sentiment and trading strategies in anticipation of financial performance.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Impact.com has launched Foot Locker Storefronts, enabling influencers to collaborate with Foot Locker to engage sneaker fans through a customized digital shopping experience.

Why It Matters - The partnership enhances Foot Locker's reach and engagement with sneaker enthusiasts, potentially driving sales growth and market share, which could positively impact its stock performance.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - CNBC's Jim Cramer presents his daily market insights and analysis in the "Mad Dash" segment, providing investors with timely financial updates.

Why It Matters - Jim Cramer's insights can influence market sentiment and stock prices, as his recommendations and analysis may lead to increased trading activity and investor decisions.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - CNBC Television

Summary - Jim Cramer is monitoring Foot Locker's shares, indicating potential interest or developments worth noting for investors.

Why It Matters - Jim Cramer's attention on Foot Locker shares indicates potential market interest or volatility, influencing investor sentiment and stock performance.

...

FL Frequently asked questions

The highest forecasted price for FL is $38 from at Deutsche Bank.

The lowest forecasted price for FL is $17 from Jonathan Komp from Baird

The FL analyst ratings consensus are 7 buy ratings, 12 hold ratings, and 2 sell ratings.