Foot Locker Investors Should Focus on This

By Susan Ramirez • Sunday, December 03 12:03 • Permanent Link

With gains of 10.3%, Foot Locker was one of the winners on Wall Street today. Its shares are now trading at $29.71 and have logged a 1.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Foot Locker has moved -25.0% over the last year, and the S&P 500 logged a change of 14.0%
FL has an average analyst rating of hold and is 22.57% away from its mean target price of $24.24 per share
Its trailing earnings per share (EPS) is $0.87
Foot Locker has a trailing 12 month Price to Earnings (P/E) ratio of 34.1 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $1.98 and its forward P/E ratio is 15.0
The company has a Price to Book (P/B) ratio of 0.88 in contrast to the S&P 500's average ratio of 2.95
Foot Locker is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24
FL has reported YOY quarterly earnings growth of -70.7% and gross profit margins of 0.3%
The company has a free cash flow of $-83000000, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 youth culture 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. The company also provides its products under the WSS brand, an athletic-inspired retailer; and atmos brand, a digitally led culturally connected brand featuring sneakers and apparel. It offers its products through various e-commerce sites and mobile apps. The company was formerly known as Venator Group, Inc. and changed its name to Foot Locker, Inc. in November 2001. The company was founded in 1879 and is headquartered in New York, New York.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.