Foot Locker, Inc. (FL) Issues Earnings Results

Foot Locker, Inc. (FL) Issues Earnings Results

Foot Locker, Inc. (FL) Issues Earnings Results

Finally, Wedge Capital Management L L P NC raised its position in Foot Locker by 7,355.2% in the first quarter. Van ECK Associates Corp now owns 1,938 shares of the textile maker's stock worth $137,000 after buying an additional 132 shares in the last quarter.

What are top analysts saying about Foot Locker Inc.

For the Current Quarter, the growth estimate for Foot Locker, Inc.is -0.7%, while for the Next Quarter the stock growth estimate is 10.6%. Baird Financial Group Inc. now owns 5,475 shares of the textile maker's stock worth $388,000 after buying an additional 32 shares during the period. Declares Quarterly Dividend Of $0.31 Per Share" published on May 16, 2017, Nasdaq.com published: "Foot Locker Inc. During the same period in the prior year, the company earned $1.39 earnings per share. Strs Ohio has 0.01% invested in Foot Locker, Inc. Finally, Gideon Capital Advisors Inc. bought a new stake in shares of Foot Locker during the fourth quarter valued at about $241,000. Institutional investors and hedge funds own 95.30% of the company's stock. Shifting gears, let's take a look at the MF Rank (Magic Formula) on shares of Crown Holdings, Inc.

Shares of Foot Locker (NYSE:FL) traded up 2.64% on Friday, hitting $60.27. The Market Capitalization of the company stands at 7.8 Billion. The company has a 50-day moving average of $74.01 and a 200-day moving average of $72.76.

The company reported an impressive total revenue of 7.77 Billion in the last fiscal year. Foot Locker has a one year low of $50.90 and a one year high of $79.43.

Foot Locker, Inc. (NYSE:FL)'s stock has performed at -17.17%.

Whereas they predicted High and Low Earnings Estimate as $1.39 and $1.37 respectively. (FL) is $82.95/share according to the consensus of analysts working on the stock, with an expected EPS of $1.38/share for the current quarter. Foot Locker had a return on equity of 24.22% and a net margin of 8.26%. Its revenue has grown at an average annualized rate of about 2.40% during the past five years. The company reported the earnings of $1.37/Share in the last quarter where the estimated EPS by analysts was $1.32/share. Now the P/E of Foot Locker, Inc.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, July 14th will be issued a $0.31 dividend. As per Wednesday, July 22, the company rating was maintained by UBS.

The Stock has Weekly volatility of 3.22% and monthly volatility of 1.94%.

Now the P/E of Foot Locker, Inc. stands at 12.25.

Paramount Group, Inc. (PGRE) declined -0.32% and its total traded volume was 0.77 million shares contrast to the average volume of 1.31 million shares. Below is a list of Foot Locker, Inc. "(FL) Issues Earnings Results" was first published by BBNS and is the sole property of of BBNS. If you are reading this news story on another domain, it was stolen and republished in violation of USA & worldwide trademark & copyright law. The original version of this piece of content can be viewed at https://www.thestockobserver.com/2017/05/22/q2-2018-eps-estimates-for-foot-locker-inc-lowered-by-jefferies-group-fl.html.

Several research firms have issued reports on FL. B. Riley restated a "buy" rating and issued a $79.00 price target on shares of Foot Locker in a research report on Sunday, February 26th. Bank of America upgraded it to "Neutral" rating and $70 target in Tuesday, December 22 report. Aviance Capital Partners LLC now owns 15,688 shares of the textile maker's stock worth $1,062,000 after buying an additional 46 shares during the last quarter. Following the completion of the transaction, the chief financial officer now owns 144,597 shares in the company, valued at approximately $11,207,713.47. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The number of shares now held by investors is 131.23 Million.

In other Foot Locker news, SVP Paulette Alviti sold 8,000 shares of the company's stock in a transaction dated Thursday, April 20th. Goldman Sachs stated it has 2.15M shares or 0.04% of all its holdings. PETERS LAUREN B also sold $1.94M worth of Foot Locker, Inc. The disclosure for this sale can be found here. Insiders have sold 35,000 shares of company stock worth $2,686,090 over the last quarter. The company maintains price to book ratio of 2.83.

Currently, EPS of Foot Locker, Inc. The Firm operates through two divisions: Athletic Stores and Direct-to-Customers. 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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