Foot Locker Stock Analysis

FL Stock  USD 28.50  0.01  0.04%   
Foot Locker is overvalued with Real Value of 24.27 and Target Price of 19.89. The main objective of Foot Locker stock analysis is to determine its intrinsic value, which is an estimate of what Foot Locker is worth, separate from its market price. There are two main types of Foot Locker's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Foot Locker's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Foot Locker's stock to identify patterns and trends that may indicate its future price movements.
The Foot Locker stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Foot Locker is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Foot Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Foot Locker's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Foot Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. Foot Locker last dividend was issued on the 12th of October 2023. The entity had 2:1 split on the 1st of June 1990. 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. It employs 16555 people. To learn more about Foot Locker call Richard Johnson at 212 720 3700 or check out https://www.footlocker-inc.com.

Foot Locker Quarterly Total Revenue

2.38 Billion

Foot Locker Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Foot Locker's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Foot Locker or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Foot Locker had very high historical volatility over the last 90 days
The company generated the yearly revenue of 8.17 B. Annual Net Loss to common stockholders was (330 M) with gross profit of 2.8 B.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from benzinga.com: Tesla, Krispy Kreme, McCormick And Other Big Stocks Moving Higher On Tuesday

Foot Locker Upcoming and Recent Events

Earnings reports are used by Foot Locker to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Foot Locker previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of March 2024
Upcoming Quarterly Report
View
17th of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
18th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

Foot Largest EPS Surprises

Earnings surprises can significantly impact Foot Locker's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-08-19
2010-07-310.030.040.0133 
2000-08-17
2000-07-310.040.050.0125 
1999-08-18
1999-07-310.030.040.0133 
View All Earnings Estimates

Foot Locker Thematic Classifications

In addition to having Foot Locker stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Retail Idea
Retail
USA Equities from Retail industry as classified by Fama & French

Foot Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Foot Locker is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Foot Locker backward and forwards among themselves. Foot Locker's institutional investor refers to the entity that pools money to purchase Foot Locker's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although Foot Locker's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Foot Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 2.68 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 Profitablity

Foot Locker's profitability indicators refer to fundamental financial ratios that showcase Foot Locker's ability to generate income relative to its revenue or operating costs. If, let's say, Foot Locker is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Foot Locker's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Foot Locker's profitability requires more research than a typical breakdown of Foot Locker's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (0.04) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.02 %, which signifies that for every $100 of sales, it has a net operating income of $0.02.
Last ReportedProjected for 2024
Return On Capital Employed 0.04  0.28 
Return On Assets(0.05) 0.15 
Return On Equity(0.11) 0.21 

Management Efficiency

Foot Locker has Return on Asset (ROA) of 0.0164 % which means that for every $100 of assets, it generated a profit of $0.0164. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1067) %, which implies that it produced no returns to current stockholders. Foot Locker's management efficiency ratios could be used to measure how well Foot Locker manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.28 this year. Return On Assets is expected to rise to 0.15 this year. At this time, Foot Locker's Net Tangible Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 11.53 this year, although the value of Other Current Assets will most likely fall to about 287.7 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.96  3.07 
Enterprise Value Multiple 12.89  7.17 
Price Fair Value 0.96  3.07 
The analysis of Foot Locker's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Foot Locker's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Foot Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0421
Forward Dividend Yield
0.0962
Forward Dividend Rate
1.6
Beta
1.435

Technical Drivers

As of the 29th of March, Foot Locker shows the Mean Deviation of 2.62, variance of 21.38, and Standard Deviation of 4.62. Foot Locker technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Foot Locker, which can be compared to its rivals. Please confirm Foot Locker variance and value at risk to decide if Foot Locker is priced favorably, providing market reflects its regular price of 28.5 per share. Given that Foot Locker has information ratio of (0.03), we urge you to verify Foot Locker's prevailing market performance to make sure the company can sustain itself at a future point.

Foot Locker Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Foot Locker middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Foot Locker. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Foot Locker Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Foot Locker insiders, such as employees or executives, is commonly permitted as long as it does not rely on Foot Locker's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Foot Locker insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Foot Locker Outstanding Bonds

Foot Locker issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Foot Locker uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Foot bonds can be classified according to their maturity, which is the date when Foot Locker has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Foot Locker Predictive Daily Indicators

Foot Locker intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Foot Locker stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Foot Locker Corporate Filings

10K
28th of March 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
F4
26th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F5
15th of March 2024
The annual filing required by the Securities and Exchange Commission (SEC) from company insiders or beneficial owners
ViewVerify
F3
12th of March 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
6th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th of January 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
6th of December 2023
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Foot Locker Forecast Models

Foot Locker's time-series forecasting models are one of many Foot Locker's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Foot Locker's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Foot Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Foot Locker prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Foot shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Foot Locker. By using and applying Foot Stock analysis, traders can create a robust methodology for identifying Foot entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(0.05) 0.11 
Operating Profit Margin 0.03  0.11 
Net Profit Margin(0.04) 0.07 
Gross Profit Margin 0.25  0.33 

Current Foot Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Foot analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Foot analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
19.89Hold19Odds
Foot Locker current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Foot analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Foot stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Foot Locker, talking to its executives and customers, or listening to Foot conference calls.
Foot Analyst Advice Details

Foot Stock Analysis Indicators

Foot Locker stock analysis indicators help investors evaluate how Foot Locker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Foot Locker shares will generate the highest return on investment. By understating and applying Foot Locker stock analysis, traders can identify Foot Locker position entry and exit signals to maximize returns.
Begin Period Cash Flow549 M
Common Stock Shares Outstanding94.2 M
Total Stockholder Equity2.9 B
Quarterly Earnings Growth Y O Y-0.706
Property Plant And Equipment Net3.1 B
Cash And Short Term Investments297 M
Cash297 M
Accounts Payable366 M
Net Debt2.6 B
50 Day M A28.6562
Total Current Liabilities1.3 B
Other Operating Expenses7.9 B
Non Current Assets Total4.6 B
Forward Price Earnings12.7877
Non Currrent Assets Other491 M
Stock Based Compensation-400 M
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Foot Stock analysis

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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
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.