$0.80 EPS Expected for Foot Locker, Inc. (FL)

Retailers rise again but tech leads other US stocks lower- Vincent Napolitano

Looking further out we can see that the stock has moved -57.68% over the year to date. Susquehanna maintained the shares of FL in report on Friday, August 11 with "Buy" rating.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -42.32%, and has a solid year to date (YTD) performance of -55.99% which means that the stock is constantly adding to its value from the previous fiscal year end price. Credit Suisse Group restated a "neutral" rating and set a $52.00 price target (down previously from $66.00) on shares of Foot Locker in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twelve have assigned a buy rating to the company's stock. The company now has a consensus rating of Hold and a consensus target price of $57.67. Since Nike confirmed plans to sell a limited product assortment on Amazon's USA website, sales of Nike footwear on Amazon have outpaced those at Foot Locker. Foot Locker was the most actively traded among stocks listed on the New York Stock Exchange. Foot Locker, Inc. (NYSE:FL) has risen 0.29% since November 15, 2016 and is uptrending. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 2.88.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Friday, August 18th. The athletic footwear retailer reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.07.

"The company's results in the quarter were broadly in line with our expectations", said Richard Johnson, chairman and chief executive officer. Foot Locker had a net margin of 7.49% and a return on equity of 21.52%.

But analysts had predicted a 4.6% drop in comparable sales and $1.83 billion in total sales.

FL's overall volume in the last trading session was 1,215,278 shares.

BLACKROCK INC. raised its stake in Foot Locker, Inc.

Consumer discretionary stocks fell almost 1 percent, led lower by Target. If you are viewing this story on another site, it was copied illegally and reposted in violation of USA and worldwide trademark & copyright laws. Exane Derivatives has invested 0% in Foot Locker, Inc. Stockholders of record on Friday, January 19th will be given a dividend of 0.31 per share by the athletic footwear retailer on Friday, February 2nd. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.00. Foot Locker's dividend payout ratio is 28.64%. -Revenue Change (Y-o-Y): -1.1%. Meiji Yasuda Life Co accumulated 20,000 shares or 0.15% of the stock. Trading volume for Foot Locker, Inc. was 4.89 Million in its previous trading session.

Permit Capital Llc holds 3.78% of its portfolio in InterDigital, Inc. for 83,116 shares. Finally, Canada Pension Plan Investment Board boosted its holdings in Foot Locker by 65.3% in the second quarter. Vident Investment Advisory LLC now owns 69,782 shares of the athletic footwear retailer's stock worth $2,457,000 after buying an additional 34,103 shares in the last quarter.

As CNBC reports, "Fears that e-commerce giant Amazon.com may seek to expand into apparel have made it a tough year for Foot Locker shares".

As of October 28, the company operated 3,349 stores in 23 countries in North America, Europe, Australia, and New Zealand. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

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