Foot Locker Stock Today

FL Stock  USD 22.92  0.44  1.96%   

Performance

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Odds Of Distress

Less than 31

 
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Foot Locker is selling for 22.92 as of the 18th of March 2024. This is a 1.96% increase since the beginning of the trading day. The stock's lowest day price was 22.23. Foot Locker has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Foot Locker are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
2nd of January 1970
Category
Consumer Cyclical
Classification
Consumer Discretionary
Foot Locker, Inc., through its subsidiaries, operates as an athletic footwear and apparel retailer. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York. Footlocker operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. The company has 94.16 M outstanding shares of which 12.33 M shares are currently sold short in the market by investors with about 4.56 days to cover all shorted shares. More on Foot Locker

Moving against Foot Stock

  0.47DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr

Foot Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Foot Locker's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Foot Locker or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Foot Locker's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Foot Locker's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
President CEOMary Dillon
Thematic IdeaRetail (View all Themes)
Business ConcentrationSpecialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Retail, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Foot Locker report their recommendations after researching Foot Locker's financial statements, talking to executives and customers, or listening in on Foot Locker's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Foot Locker. The Foot consensus assessment is calculated by taking the average forecast from all of the analysts covering Foot Locker.
Financial Strength
Based on the analysis of Foot Locker's profitability, liquidity, and operating efficiency, Foot Locker may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of Foot Locker is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.061.1893
Way Up
Slightly volatile
Gross Profit Margin0.340.2539
Significantly Up
Pretty Stable
Total Current Liabilities752 M1.3 B
Way Down
Slightly volatile
Non Current Liabilities Total2.8 B2.7 B
Sufficiently Up
Slightly volatile
Total Assets4.3 B6.9 B
Way Down
Slightly volatile
Total Current Assets2.2 B2.2 B
Slightly Up
Slightly volatile
Total Cash From Operating Activities86.5 M91 M
Notably Down
Pretty Stable
Foot Locker's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Foot Locker's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Foot Locker's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Foot Locker's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Foot Locker's financial leverage. It provides some insight into what part of Foot Locker's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Foot Locker's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Foot Locker deploys its capital and how much of that capital is borrowed.
Liquidity
Foot Locker cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 2.94 B of total liabilities with total debt to equity ratio (D/E) of 0.98, which is normal for its line of buisiness. Foot Locker has a current ratio of 1.51, which is generally considered normal. Debt can assist Foot Locker until it has trouble settling it off, either with new capital or with free cash flow. So, Foot Locker's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Foot Locker sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foot to invest in growth at high rates of return. When we think about Foot Locker's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

522.15 Million
Foot Locker (FL) is traded on New York Stock Exchange in USA. It is located in 330 West 34th Street, New York, NY, United States, 10001 and employs 50 people. Foot Locker is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Foot Locker's market, we take the total number of its shares issued and multiply it by Foot Locker's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Foot Locker is active under Specialty Retail sector as part of Consumer Discretionary industry. The entity has 94.16 M outstanding shares of which 12.33 M shares are currently sold short in the market by investors with about 4.56 days to cover all shorted shares. Foot Locker reports about 536 M in cash with 91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.71.
Check Foot Locker Probability Of Bankruptcy
Ownership Allocation
Foot Locker retains a total of 94.16 Million outstanding shares. The majority of Foot Locker outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Foot Locker to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Foot Locker. Please pay attention to any change in the institutional holdings of Foot Locker as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Foot Ownership Details

Foot Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Foot Locker jumping above the current price in 90 days from now is about 99.0%. The Foot Locker probability density function shows the probability of Foot Locker stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.8237. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Foot Locker will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Foot Locker is significantly underperforming NYSE Composite.
  Odds Below 22.92HorizonTargetOdds Above 22.92
1.42%90 days
 22.92 
98.56%
Based on a normal probability distribution, the odds of Foot Locker to move above the current price in 90 days from now is about 99.0 (This Foot Locker probability density function shows the probability of Foot Stock to fall within a particular range of prices over 90 days) .

Foot Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Foot Locker that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Foot Locker's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Foot Locker's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.8 M
Citadel Advisors Llc2023-09-30
1.5 M
D. E. Shaw & Co Lp2023-09-30
1.1 M
Viking Global Investors Lp2023-12-31
1.1 M
Charles Schwab Investment Management Inc2023-12-31
954.7 K
Northern Trust Corp2023-12-31
921.5 K
Towle & Co2023-12-31
913.8 K
Jane Street Group, Llc2023-09-30
903.3 K
American Century Companies Inc2023-12-31
732.5 K
Blackrock Inc2023-12-31
16.8 M
Vesa Equity Investment S.à R.l.2023-12-31
11.5 M
View Foot Locker Diagnostics

Foot Locker Historical Income Statement

Foot Locker Income Statement is one of the three primary financial statements used for reporting Foot's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Foot Locker revenue and expense. Foot Locker Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Foot Locker's EBITDA is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 496.9 M this year, although the value of Interest Expense will most likely fall to about 4.8 M. View More Fundamentals

Foot Stock Against Markets

Picking the right benchmark for Foot Locker stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Foot Locker stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Foot Locker is critical whether you are bullish or bearish towards Foot Locker at a given time. Please also check how Foot Locker's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Foot Locker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Foot Locker Corporate Directors

Foot Locker corporate directors refer to members of a Foot Locker board of directors. The board of directors generally takes responsibility for the Foot Locker's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Foot Locker's board members must vote for the resolution. The Foot Locker board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Maxine ClarkIndependent DirectorProfile
Ulice PayneIndependent DirectorProfile
Matthew McKennaIndependent DirectorProfile
Dona YoungLead Independent DirectorProfile

How to buy Foot Stock?

Before investing in Foot Locker, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Foot Locker. To buy Foot Locker stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Foot Locker. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Foot Locker stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Foot Locker stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Foot Locker stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Foot Locker, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Foot Stock please use our How to Invest in Foot Locker guide.

Already Invested in Foot Locker?

The danger of trading Foot Locker is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Foot Locker is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Foot Locker. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Foot Locker is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Foot Locker is a strong investment it is important to analyze Foot Locker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Foot Locker's future performance. For an informed investment choice regarding Foot Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Foot Locker's price analysis, check to measure Foot Locker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foot Locker is operating at the current time. Most of Foot Locker's value examination focuses on studying past and present price action to predict the probability of Foot Locker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foot Locker's price. Additionally, you may evaluate how the addition of Foot Locker to your portfolios can decrease your overall portfolio volatility.
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Is Foot Locker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Foot Locker. If investors know Foot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Foot Locker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Dividend Share
1.2
Earnings Share
0.87
Revenue Per Share
86.709
Quarterly Revenue Growth
0.02
The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.