FY2025 EPS Estimates for Foot Locker, Inc. Increased by Seaport Res Ptn (NYSE:FL)

Foot Locker, Inc. (NYSE:FL) – Analysts at Seaport Res Ptn raised their FY2025 earnings estimates for shares of Foot Locker in a research report issued to clients and investors on Wednesday, August 21st. Seaport Res Ptn analyst M. Kummetz now forecasts that the athletic footwear retailer will post earnings of $1.62 per share for the year, up from their previous estimate of $1.57. The consensus estimate for Foot Locker’s current full-year earnings is $1.52 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2026 earnings at $2.31 EPS.

Other research analysts also recently issued research reports about the stock. Morgan Stanley downgraded shares of Foot Locker from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $24.00 to $18.00 in a research report on Thursday, July 18th. Telsey Advisory Group reiterated a “market perform” rating and set a $27.00 price target on shares of Foot Locker in a research report on Wednesday. Wedbush reiterated a “neutral” rating and set a $25.00 price target on shares of Foot Locker in a research report on Wednesday, June 12th. StockNews.com downgraded shares of Foot Locker from a “hold” rating to a “sell” rating in a research report on Wednesday, June 19th. Finally, Citigroup upped their target price on shares of Foot Locker from $27.00 to $33.00 and gave the company a “neutral” rating in a research report on Tuesday. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Foot Locker presently has a consensus rating of “Hold” and an average target price of $24.40.

Foot Locker Stock Down 0.1 %

Shares of NYSE FL opened at $32.58 on Thursday. The firm’s 50-day simple moving average is $26.74 and its 200 day simple moving average is $26.07. The company has a market cap of $3.09 billion, a price-to-earnings ratio of -8.60, a price-to-earnings-growth ratio of 0.79 and a beta of 1.46. The company has a quick ratio of 0.50, a current ratio of 1.68 and a debt-to-equity ratio of 0.15. Foot Locker has a 12-month low of $14.84 and a 12-month high of $35.60.

Foot Locker (NYSE:FL) last issued its quarterly earnings results on Thursday, May 30th. The athletic footwear retailer reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.10. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.88 billion. Foot Locker had a negative net margin of 4.41% and a positive return on equity of 2.91%. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.70 EPS.

Institutional Trading of Foot Locker

A number of large investors have recently bought and sold shares of FL. Raymond James Financial Services Advisors Inc. bought a new stake in Foot Locker during the 4th quarter worth approximately $211,000. International Assets Investment Management LLC bought a new position in shares of Foot Locker during the 4th quarter worth approximately $100,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Foot Locker by 19.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,412 shares of the athletic footwear retailer’s stock worth $605,000 after acquiring an additional 3,225 shares in the last quarter. Signaturefd LLC grew its stake in shares of Foot Locker by 10.0% during the 4th quarter. Signaturefd LLC now owns 5,799 shares of the athletic footwear retailer’s stock worth $181,000 after acquiring an additional 527 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Foot Locker by 26.7% during the 4th quarter. CWM LLC now owns 1,836 shares of the athletic footwear retailer’s stock worth $57,000 after acquiring an additional 387 shares in the last quarter.

About Foot Locker

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.