The stock of Foot Locker Inc (FL) has seen a 6.00% increase in the past week, with a -2.61% drop in the past month, and a -15.40% decrease in the past quarter. The volatility ratio for the week is 3.68%, and the volatility levels for the past 30 days are at 4.96% for FL. The simple moving average for the past 20 days is 0.77% for FL’s stock, with a -7.99% simple moving average for the past 200 days.
Is It Worth Investing in Foot Locker Inc (NYSE: FL) Right Now?
Moreover, the 36-month beta value for FL is 1.46. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 12 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FL is 83.76M and currently, short sellers hold a 7.76% of that float. On December 16, 2024, FL’s average trading volume was 3.42M shares.
FL) stock’s latest price update
Foot Locker Inc (NYSE: FL)’s stock price has plunge by 6.10relation to previous closing price of 21.80. Nevertheless, the company has seen a 6.00% surge in its stock price over the last five trading sessions. marketbeat.com reported 2024-12-11 that The holiday shopping season is the time of the year for retailers in the consumer discretionary sector to get in the black. While some retailers like RH NYSE: RH and Williams-Sonoma Inc. NYSE: WSM are the “haves” and are expected to have a strong holiday season, many retailers are the “have nots” and already presumed to have weak results.
Analysts’ Opinion of FL
Many brokerage firms have already submitted their reports for FL stocks, with Telsey Advisory Group repeating the rating for FL by listing it as a “Market Perform.” The predicted price for FL in the upcoming period, according to Telsey Advisory Group is $24 based on the research report published on December 05, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see FL reach a price target of $27. The rating they have provided for FL stocks is “Buy” according to the report published on November 22nd, 2024.
Gordon Haskett gave a rating of “Accumulate” to FL, setting the target price at $27 in the report published on October 07th of the current year.
FL Trading at -1.73% from the 50-Day Moving Average
After a stumble in the market that brought FL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.03% of loss for the given period.
Volatility was left at 4.96%, however, over the last 30 days, the volatility rate increased by 3.68%, as shares sank -1.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.73% lower at present.
During the last 5 trading sessions, FL rose by +6.37%, which changed the moving average for the period of 200-days by -32.92% in comparison to the 20-day moving average, which settled at $22.96. In addition, Foot Locker Inc saw -25.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FL starting from Vesa Equity Investment S.a r.l, who sale 337,778 shares at the price of $32.99 back on Aug 27 ’24. After this action, Vesa Equity Investment S.a r.l now owns 10,055,814 shares of Foot Locker Inc, valued at $11,144,208 using the latest closing price.
Vesa Equity Investment S.a r.l, the 10% Owner of Foot Locker Inc, sale 539,180 shares at $33.22 during a trade that took place back on Aug 26 ’24, which means that Vesa Equity Investment S.a r.l is holding 10,393,592 shares at $17,912,368 based on the most recent closing price.
Stock Fundamentals for FL
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.27 for the gross margin
The net margin for Foot Locker Inc stands at -0.05. The total capital return value is set at 0.03. Equity return is now at value -14.03, with -5.97 for asset returns.
Based on Foot Locker Inc (FL), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 11.12.
Currently, EBITDA for the company is -200.0 million with net debt to EBITDA at -8.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.
Conclusion
To wrap up, the performance of Foot Locker Inc (FL) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
