Foot Locker (FL) to Release Earnings on Wednesday

Foot Locker (NYSE:FL) will be issuing its quarterly earnings data before the market opens on Wednesday, December 4th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Foot Locker Stock Down 0.6 %

FL stock opened at $25.15 on Monday. The firm has a market cap of $2.39 billion, a PE ratio of -6.50, a P/E/G ratio of 0.74 and a beta of 1.44. Foot Locker has a 12 month low of $20.47 and a 12 month high of $35.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.66 and a quick ratio of 0.49. The firm has a 50 day simple moving average of $24.26 and a 200 day simple moving average of $25.80.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Telsey Advisory Group restated a “market perform” rating and issued a $27.00 price target on shares of Foot Locker in a research report on Wednesday, August 28th. Needham & Company LLC started coverage on shares of Foot Locker in a research note on Friday, November 22nd. They set a “buy” rating and a $27.00 target price for the company. Williams Trading upgraded Foot Locker from a “sell” rating to a “hold” rating and increased their price objective for the stock from $17.00 to $21.00 in a report on Wednesday, November 27th. Piper Sandler reiterated a “neutral” rating and issued a $30.00 target price on shares of Foot Locker in a research note on Friday, August 23rd. Finally, Gordon Haskett started coverage on shares of Foot Locker in a report on Monday, October 7th. They set an “accumulate” rating and a $27.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.00.

About Foot Locker

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 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.