Foot Locker Inc (NYSE: FL) is -8.67% lower on its value in year-to-date trading and has touched a low of $11.00 and a high of $33.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FL stock was last observed hovering at around $24.07 in the last trading session, with the day’s loss setting it -18.02%.
Currently trading at $6.05M, the stock is 1.44% and 28.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.0 million and changing 2997320% at the moment leaves the stock 18.43% off its SMA200. FL registered 11.86% gain for a year compared to 6-month gain of 8.61%. The firm has a 50-day simple moving average (SMA 50) of $19.005 and a 200-day simple moving average (SMA200) of $20.5526.
The stock witnessed a 1.84% loss in the last 1 month and extending the period to 3 months gives it a 58.98%, and is 1.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.92% over the week and 0.76% over the month.
Foot Locker Inc (FL) has around 47306 employees, a market worth around $2.32B and $7.90B in sales. Fwd P/E is 18.04. Profit margin for the company is -4.54%. Distance from 52-week low is 121.27% and -28.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.27%).
The EPS is expected to shrink by -21.41% this year
393.0 institutions hold shares in Foot Locker Inc (FL), with institutional investors hold 103.92% of the company’s shares. The shares outstanding are 95.25M, and float is at 83.45M with Short Float at 20.27%. Institutions hold 103.48% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.37 million shares valued at $333.06 million. The investor’s holdings represent 14.0687 of the FL Shares outstanding. As of 2024-06-30, the second largest holder is VESA EQUITY INVESTMENT S.A R.L. with 11.47 million shares valued at $285.8 million to account for 12.0722 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.23 million shares representing 10.7704 and valued at over $254.98 million, while FMR LLC holds 5.8764 of the shares totaling 5.58 million with a market value of $139.12 million.
Foot Locker Inc (FL) Insider Activity
Still, SEC filings show that on Dec 27 ’24, PAYNE ULICE JR (Director) disposed off 1,100 shares at an average price of $22.51 for $24757.0. The insider now directly holds 18,301 shares of Foot Locker Inc (FL).
