On Monday, Foot Locker Inc (NYSE: FL) opened higher 2.17% from the last session, before settling in for the closing price of $23.96. Price fluctuations for FL have ranged from $19.44 to $35.60 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 0.97%. Company’s average yearly earnings per share was noted 12.28% at the time writing. With a float of $83.73 million, this company’s outstanding shares have now reached $94.22 million.
Let’s determine the extent of company efficiency that accounts for 46846 employees. In terms of profitability, gross margin is 25.79%, operating margin of 1.52%, and the pretax margin is -5.86%.
Foot Locker Inc (FL) Insider Activity
A key investor’s attitude towards the stock of the Apparel Retail industry is another important factor to consider. The insider ownership of Foot Locker Inc is 11.73%, while institutional ownership is 87.64%. The most recent insider transaction that took place on Aug 27 ’24, was worth 11,144,208. In this transaction 10% Owner of this company sold 337,778 shares at a rate of $32.99, taking the stock ownership to the 10,055,814 shares. Before that another transaction happened on Aug 26 ’24, when Company’s 10% Owner sold 539,180 for $33.22, making the entire transaction worth $17,912,368. This insider now owns 10,393,592 shares in total.
Foot Locker Inc (FL) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 0.3 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.21) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.28% per share during the next fiscal year.
Foot Locker Inc (NYSE: FL) Trading Performance Indicators
Check out the current performance indicators for Foot Locker Inc (FL). In the past quarter, the stock posted a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 18.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.88, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 2.05 in one year’s time.
Technical Analysis of Foot Locker Inc (FL)
Looking closely at Foot Locker Inc (NYSE: FL), its last 5-days average volume was 3.21 million, which is a drop from its year-to-date volume of 3.25 million. As of the previous 9 days, the stock’s Stochastic %D was 55.14%. Additionally, its Average True Range was 1.03.
During the past 100 days, Foot Locker Inc’s (FL) raw stochastic average was set at 17.31%, which indicates a significant decrease from 70.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.82% in the past 14 days, which was lower than the 51.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.78, while its 200-day Moving Average is $26.21. However, in the short run, Foot Locker Inc’s stock first resistance to watch stands at $25.14. Second resistance stands at $25.81. The third major resistance level sits at $26.41. If the price goes on to break the first support level at $23.88, it is likely to go to the next support level at $23.28. Should the price break the second support level, the third support level stands at $22.61.
Foot Locker Inc (NYSE: FL) Key Stats
There are currently 94,852K shares outstanding in the company with a market cap of 2.40 billion. Presently, the company’s annual sales total 8,168 M according to its annual income of -330,000 K. Last quarter, the company’s sales amounted to 1,900 M and its income totaled -12,000 K.
