In yesterday’s Wall Street session, Foot Locker Inc (NYSE:FL) shares traded at $24.12, up 0.29% from the previous session.
FL stock price is now 45.90% away from the 50-day moving average and 15.41% away from the 200-day moving average. The market capitalization of the company currently stands at $2.30B.
With the price target reduced from $30 to $22, Evercore ISI maintained Outperform rating for Foot Locker Inc (NYSE: FL). On January 24, 2025, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $25 to quote $24, while ‘Telsey Advisory Group’ rates the stock as ‘Market Perform’
In other news, PAYNE ULICE JR, Director sold 1,100 shares of the company’s stock on Dec 27 ’24. The stock was sold for $24,757 at an average price of $22.51. Upon completion of the transaction, the Director now directly owns 18,301 shares in the company, valued at $0.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Director Ulice Payne Jr. bought 1,100 shares of the business’s stock. A total of $24,651 was incurred on buying the stock at an average price of $22.41. A total of 12.41% of the company’s stock is owned by insiders.
During the past 12 months, Foot Locker Inc has had a low of $11.00 and a high of $33.94. As of last week, the company has a debt-to-equity ratio of 1.09, a current ratio of 1.64, and a quick ratio of 0.49. The net profit margin was -4.54% and return on equity was -13.07% for FL. For the current quarter, analysts expect FL to generate $1.87B in revenue.
