As of Friday close, Foot Locker Inc.’s (NYSE:FL) stock was up $1.27, moving up 4.46 percent to $29.77. The average number of shares traded per day over the past five days has been 2,542,920 shares. 2 times new highs have been achieved over the past 5 days, with a $0.28 gain in that time frame. In the last twenty days, the average volume was 2,065,455, while in the previous 50 days, it was 2,488,434.
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Since last month, FL stock retreated -0.17%. Shares of the company fell to $26.70 on 05/11/22, the lowest level in the past month. A 52-week high of $66.71 was reached on 01/26/22 after having rallying from a 52-week low of $26.36. Since the beginning of this year, FL’s stock price has dropped by -31.77% or -$13.86, and marked a new high 4 times. However, the stock has declined by -55.37% since its 52-week high.
Foot Locker Inc. (FL) last reported insider trading activity 59 days ago on Mar 16. Maurer John A, the VP, Treasurer of the company, disposed of 3,650 shares for $31.00 on Mar 16. It resulted in a $113,150 divestment by the insider. Johnson Richard A sold 49,000 shares at an average price of $31.00 on Mar 02. The insider now owns 339,594 shares following the transaction. On Nov 08, Director MCKENNA MATTHEW M sold 10,214 shares at $52.97 apiece. The transaction was valued at $541,036.
Right now, Foot Locker Inc. (FL) has a P/E ratio of about 3.48. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 0.32, the price-to-book (PB) ratio of 0.91, and the price-to-cash flow ratio of 8.08 may also be considered.
The latest dividend of $0.40 per share was paid out, which is 33.33% more than last year’s $0.30. On Monday February 28 2022, a $0.10 dividend increase was announced.
In the three months ended October 30, Foot Locker Inc.’s quick ratio stood at 0.60, while its current ratio was 1.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending October 30 was 0.14, and the total debt-to-equity ratio was 0.14. On the profitability front, the trailing twelve-month gross margin is 34.40% percent. In the year ended October 30, operating margins totaled 9.70%. Based on annual data, FL earned $3.08 billion in gross profit and brought in $8.96 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.00%. Return on equity (ROE) for the past 12 months was 27.80%.
In Foot Locker Inc.’s quarter-end financial report for October 30, it reported total debt of $451.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FL’s revenue rose 6.49% to $2.19 billion during the quarter, while net income inched up to $2.34 billion. While analysts expected Foot Locker Inc. to report $1.37 quarterly earnings, the actual figure was $1.93 per share, beating the consensus estimate by 40.90%. During the quarter, the company generated $173.0 million in EBITDA. The liabilities of Foot Locker Inc. were 4.89 billion at the end of its most recent quarter ended October 30, and its total debt was $3.56 billion. The value of shareholders’ equity is $96.09 million.
This quick technical analysis looks at Foot Locker Inc.’s (FL) price momentum. With a historical volatility rate of 56.42%, the RSI 9-day stood at 54.78% on 13 May.
With respect to its five-day moving average, the current Foot Locker Inc. price is up by +0.95% percent or $0.28. At present, FL shares trade -2.07% below its 20-day simple moving average and -25.50% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.97% below its SMA50 and -47.59% below its SMA200.
Stochastic coefficient K was 40.52% and Stochastic coefficient D was 24.14%, while ATR was 1.35. Given the Stochastic reading of 74.79% for the 14-day period, the RSI (14) reading has been calculated as 50.95%. As of today, the MACD Oscillator reading stands at -0.59, while the 14-day reading stands at -0.80.
Foot Locker Inc. downgraded its rating on Foot Locker Inc. (NYSE: FL) to a Market perform in a note to investors on March 28, 2022. The analysts firm previously had an Outperform rating on the stock.