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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.