Footlocker Story

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FL -- USA Stock  

USD 58.75  0.13  0.22%

While many traders today are more concerned about the preservation of capital over market returns, Footlocker could be one exception. I will take a closer look at this stock and the new sentiment generated by stakeholders. Here I will also summarize some essential indicators that the entity investors should consider in March.
Published over a month ago
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Is Footlocker (NYSE:FL) finally getting endorsement from stakeholders?
This firm is fairly valued at 50.99 per share with modest projections ahead.
On a scale of 0 to 100, Footlocker holds a performance score of 16. The firm shows a Beta (market volatility) of 2.126, which means a somewhat significant risk relative to the market. Let's try to break down what Footlocker's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Footlocker will likely underperform. Although it is vital to follow Footlocker historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Footlocker, which you can use to evaluate the performance of the firm. Please utilizes Footlocker sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to make a quick decision on whether Footlocker price patterns will revert.

And What about dividends?

A dividend is the distribution of a portion of Footlocker earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Footlocker dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Footlocker one year expected dividend income is about $0.64 per share.
Footlocker Dividend Yield is relatively stable at the moment as compared to the past year. The company's current value of Dividend Yield is estimated at 0.0174. Dividends per Basic Common Share is expected to hike to 0.83 this year, although the value of Payment of Dividends and Other Cash Distributions will most likely fall to (105.3 M).
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-73 M-105.3 M
Dividend Yield 0.016  0.0174 
Dividends per Basic Common Share 0.70  0.83 
Investing in stocks that pay dividends, such as stock of Footlocker, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Footlocker must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Footlocker. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Footlocker's Liquidity

Footlocker financial leverage refers to using borrowed capital as a funding source to finance Footlocker ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Footlocker financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Footlocker's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Footlocker, but it might be worth checking our own buy vs. sell analysis

What did Footlocker file with SEC?

The SEC filings are financial statements or other formal documents of Footlocker that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Footlocker shareholders may or may not be submitted as SEC does not always require it.
30th of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
25th of March 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
16th of February 2021
Unclassified Corporate Event
View
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Footlocker shareholders may or may not be submitted as SEC does not always require it.

An Additional Perspective On Footlocker

Footlocker retains a total of 104.21 Million outstanding shares. The majority of Footlocker outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Footlocker to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Footlocker. Please pay attention to any change in the institutional holdings of Footlocker as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Breakdown

Insiders
13.55%
Institutions
82.05%
Retail Investors4.4
Insiders13.55
Institutions82.05

Footlocker to slide back in March

New Total Risk Alpha is up to 0.07. Price may pull down again. Footlocker currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.25. However, we advise investors to further question Footlocker expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Footlocker's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Footlocker's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Bottom Line On Footlocker

While some firms within the footwear & accessories industry are still a little expensive, even after the recent corrections, Footlocker may offer a potential longer-term growth to stakeholders. While some in two weeks oriented stakeholders may not share our view, we believe it may not be a good time to take up new shares of Footlocker.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Footlocker. Please refer to our Terms of Use for any information regarding our disclosure principles.

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