According to Bloomberg, the twenty-four research firms that cover Foot Locker, INC (NYSE: FL) have given the company’s stock an average rating of “Hold” in their coverage of the company’s shares.
Eleven research analysts think the stock should be held, while only four think it should be bought.
The average price estimate for the next 12 months that brokers who have rated the stock in the past year have set is $41.32 per share.
Several analysts specializing in equity analysis have recently shared their opinions regarding FL stock. Foot Locker was given a “neutral” rating by JPMorgan Chase & Co in a research note published on Thursday, January 26.
The firm boosted its price target for Foot Locker from $40.00 to $46.00 and stated that the company was optimistic about its future. Credit Suisse Group moved Foot Locker from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $38.00 to $62.00 in a report published on Wednesday, February 1. Citigroup increased their target price on Foot Locker from $33.00 to $38.00 and assigned the stock a “neutral” rating in a report published on Monday, November 21.
Barclays increased their target price for Foot Locker from $38.00 to $40.00 in a report made public on November 21. Foot Locker was finally included as a company that StockNews.com covers on Thursday.
They suggested that investors “keep” the stock in their portfolios.
On Thursday, January 26, Foot Locker Vice President John A.
Maurer sold 3,500 shares of the company’s stock.
At an average price of $42.01 per share, the shares could be sold for $147,035.00.
The firm’s vice president is the current owner of 23,221 shares of the company’s stock, which have a value of $975,514.21.
The transaction was made public through a document filed with the SEC, which can be located on the SEC’s website stock.
At an average price of $42.01 per share, the shares could be sold for $147,035.00.
The firm’s vice president is the current owner of 23,221 shares of the company’s stock, which have a value of $975,514.21.
The transaction was made public through a document filed with the SEC, which can be located on the SEC’s website; in other news about Foot Locker, Senior Vice President Todd Greener sold 2,500 shares of the company’s stock on Thursday, January 5.
The shares were sold at an average price of $37.63 each, which resulted in a total sale price of $94,075.00.
Because of the transaction, the senior vice president of the firm now has ownership of 5,921 shares of company stock, which have a combined value of about $222,807.23.
This information regarding the transaction was included in a filing with the SEC, which may be accessed by following this link.
In addition, Vice President John A.
Maurer sold 3,500 shares of the company’s stock on Thursday, January 26.
At an average price of $42.01 per share, the stock could be sold for $147,035.00.
As a direct consequence of the transaction, the vice president now has 23,221 shares of company stock, which have a combined value of $975,514.21.
The disclosure for this sale can be found at this location. Company insiders hold a 3% ownership stake in the company.
Many institutional investors and hedge funds have bought and sold FL stock throughout the most recent period.
During the second quarter, C M Bidwell & Associates Ltd bought a new position in Foot Locker stock with roughly $30,000 worth of shares.
During the final three months of 2018, Belpointe Asset Management LLC bought a new Foot Locker position valued at around $39,000. Foot Locker was the beneficiary of a 68.3% increase in the stake held by Advisors Asset Management INC during the first quarter.
After making additional purchases during the time frame, Advisors Asset Management INC now possesses 1,336 shares of the sports footwear retailer’s stock, currently valued at $40,000.
During the third quarter, Wipfli Financial Advisors LLC purchased a new position in Foot Locker with an approximate value of 42 thousand dollars. Ultimately, over the first three months of the year, the Canada Pension Plan Investment Board increased the percentage of Foot Locker stock owned by 659.5 percent.
The Canada Pension Plan Investment Board currently has 3,600 shares of the athletic footwear retailer’s stock, worth $107,000.
This is a result of the board’s purchase of an additional 3,126 shares during the period.
Institutional investors and hedge funds own 95.06 percent of the company’s stock.
Monday’s opening price for FL was $42.26.
The company’s moving average over the past 50 days is $42.54, and its moving average over the past 200 days is $37.70.
The firm’s market capitalization is currently sitting at $3.94 billion, its PE ratio is $42.54, and its moving average over the past 200 days is $37.70.
The firm’s market capitalization is currently sitting at $3.94 billion, its PE ratio is 9.63, and its beta stands at 1.25. 1.54 is the value of the current ratio, 0.43 is the value of the quick ratio, and 0.14 represents the value of the debt-to-equity ratio. Foot Locker has seen a one-year low of $23.85 and a one-year high of $47.22 during the same period.
In addition, the company has announced a quarterly dividend, which is scheduled to be distributed on the 28th of this month. On Friday, April 14, shareholders who are recorded as having ownership on that date will be eligible to receive a dividend payment of $0.40.
This amounts to a dividend payment of $1.60 annually and a dividend yield of 3.79%.
The date that constitutes the ex-dividend date for this dividend is April 13.
The payout ratio for Foot Locker currently stands at 36.4 percent.
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