November 20, 2023, Foot Locker Inc (NYSE: FL) trading session started at the price of $21.91, that was 4.96% jump from the session before. During the day, the shares moved up to $23.45 and dropped to $21.91 before settling in for the closing price of $22.17. A 52-week range for FL has been $14.84 – $47.22.
Consumer Cyclical Sector giant saw their annual sales surged by 2.72% over the last five years. When this article was written, the company’s average yearly earnings per share was at -73.76%. With a float of $81.38 million, this company’s outstanding shares have now reached $91.91 million.
The firm has a total of 46880 workers. Let’s measure their productivity. In terms of profitability, gross margin is +29.64, operating margin of +7.91, and the pretax margin is +5.98.
Foot Locker Inc (FL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Foot Locker Inc stocks. The insider ownership of Foot Locker Inc is 13.57%, while institutional ownership is 97.04%. The most recent insider transaction that took place on Sep 08, was worth 100,117. In this transaction President & CEO of this company bought 5,510 shares at a rate of $18.17, taking the stock ownership to the 27,649 shares. Before that another transaction happened on Feb 01, when Company’s SVP & Chief Accounting Officer sold 25,554 for $45.00, making the entire transaction worth $1,149,930. This insider now owns 28,791 shares in total.
Foot Locker Inc (FL) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 7/30/2023, it has been observed that the corporation posted $0.04 earnings per share (EPS) during the time that was better than consensus figure (set at $0.04) by $0. This company achieved a net margin of +3.94 while generating a return on equity of 10.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -73.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.19% during the next five years compared to 10.03% growth over the previous five years of trading.
Foot Locker Inc (NYSE: FL) Trading Performance Indicators
You can see what Foot Locker Inc (FL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.54, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.97 in one year’s time.
Technical Analysis of Foot Locker Inc (FL)
Analysing the last 5-days average volume posted by the [Foot Locker Inc, FL], we can find that recorded value of 4.51 million was better than the volume posted last year of 3.74 million. As of the previous 9 days, the stock’s Stochastic %D was 77.29%. Additionally, its Average True Range was 1.12.
During the past 100 days, Foot Locker Inc’s (FL) raw stochastic average was set at 65.60%, which indicates a significant decrease from 95.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.56% in the past 14 days, which was lower than the 68.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.95, while its 200-day Moving Average is $29.65. Now, the first resistance to watch is $23.84. This is followed by the second major resistance level at $24.42. The third major resistance level sits at $25.38. If the price goes on to break the first support level at $22.30, it is likely to go to the next support level at $21.34. Should the price break the second support level, the third support level stands at $20.76.
Foot Locker Inc (NYSE: FL) Key Stats
There are 94,159K outstanding shares of the company, which has a market capitalization of 2.19 billion. As of now, sales total 8,759 M while income totals 342,000 K. Its latest quarter income was 1,864 M while its last quarter net income were -5,000 K.