Foot Locker (FL) to Release Earnings on Wednesday

Foot Locker (NYSE:FL) will be announcing its earnings results before the market opens on Wednesday, December 4th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Foot Locker Stock Performance

NYSE FL opened at $25.14 on Tuesday. The firm has a market cap of $2.38 billion, a P/E ratio of -6.60, a P/E/G ratio of 0.74 and a beta of 1.46. Foot Locker has a 52-week low of $20.47 and a 52-week high of $35.60. The business’s 50-day moving average price is $24.26 and its 200 day moving average price is $25.83. The company has a quick ratio of 0.49, a current ratio of 1.66 and a debt-to-equity ratio of 0.15.

Analyst Ratings Changes

A number of research firms have recently issued reports on FL. Robert W. Baird dropped their target price on Foot Locker from $35.00 to $27.00 and set a “neutral” rating on the stock in a report on Wednesday, September 25th. Citigroup boosted their price objective on shares of Foot Locker from $27.00 to $33.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Telsey Advisory Group restated a “market perform” rating and issued a $27.00 target price on shares of Foot Locker in a research note on Wednesday, August 28th. Piper Sandler dropped their price target on shares of Foot Locker from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Barclays raised shares of Foot Locker from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $27.00 to $34.00 in a report on Thursday, August 29th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $26.87.

Foot Locker Company Profile

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.