FY2025 Earnings Estimate for Foot Locker, Inc. Issued By Zacks Research (NYSE:FL)

Foot Locker, Inc. (NYSE:FL) – Equities researchers at Zacks Research raised their FY2025 EPS estimates for Foot Locker in a research note issued on Tuesday, September 10th. Zacks Research analyst V. Bagree now forecasts that the athletic footwear retailer will post earnings of $1.55 per share for the year, up from their prior estimate of $1.53. The consensus estimate for Foot Locker’s current full-year earnings is $1.51 per share. Zacks Research also issued estimates for Foot Locker’s Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $1.85 EPS, Q1 2027 earnings at $0.47 EPS, Q2 2027 earnings at $0.42 EPS and FY2027 earnings at $2.22 EPS.

Other equities research analysts have also recently issued research reports about the company. Barclays raised Foot Locker from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $27.00 to $34.00 in a research note on Thursday, August 29th. Morgan Stanley lowered shares of Foot Locker from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $24.00 to $18.00 in a report on Thursday, July 18th. Telsey Advisory Group restated a “market perform” rating and issued a $27.00 price target on shares of Foot Locker in a research report on Wednesday, August 28th. Robert W. Baird increased their price objective on shares of Foot Locker from $26.00 to $35.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Finally, Wedbush reissued a “neutral” rating and set a $25.00 target price on shares of Foot Locker in a research note on Wednesday, June 12th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Foot Locker has an average rating of “Hold” and a consensus price target of $26.40.

Foot Locker Stock Up 4.7 %

Shares of NYSE:FL opened at $25.36 on Thursday. The firm has a market cap of $2.40 billion, a P/E ratio of -6.69, a P/E/G ratio of 0.64 and a beta of 1.44. Foot Locker has a 12-month low of $16.68 and a 12-month high of $35.60. The business has a fifty day simple moving average of $28.09 and a 200 day simple moving average of $25.90. The company has a quick ratio of 0.49, a current ratio of 1.66 and a debt-to-equity ratio of 0.15.

Hedge Funds Weigh In On Foot Locker

A number of hedge funds have recently bought and sold shares of FL. Quarry LP purchased a new stake in shares of Foot Locker during the second quarter valued at approximately $31,000. Fifth Third Bancorp increased its position in shares of Foot Locker by 116.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer’s stock valued at $34,000 after purchasing an additional 733 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Foot Locker by 156.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock worth $40,000 after purchasing an additional 985 shares during the period. Headlands Technologies LLC purchased a new position in shares of Foot Locker in the 2nd quarter worth about $43,000. Finally, Quadrant Capital Group LLC grew its position in Foot Locker by 3,004.4% during the fourth quarter. Quadrant Capital Group LLC now owns 1,397 shares of the athletic footwear retailer’s stock valued at $44,000 after buying an additional 1,352 shares during the period.

Insiders Place Their Bets

In other Foot Locker news, major shareholder Vesa Equity Investment S.A R.L sold 246,886 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $32.93, for a total transaction of $8,129,955.98. Following the completion of the sale, the insider now directly owns 11,146,292 shares of the company’s stock, valued at approximately $367,047,395.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have sold 787,566 shares of company stock worth $26,090,866. Insiders own 1.20% of the company’s stock.

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.