Seaport Res Ptn Has Weak Outlook for Foot Locker Q3 Earnings

Foot Locker, Inc. (NYSE:FL) – Equities research analysts at Seaport Res Ptn lowered their Q3 2025 earnings estimates for Foot Locker in a research report issued to clients and investors on Monday, November 25th. Seaport Res Ptn analyst M. Kummetz now expects that the athletic footwear retailer will earn $0.37 per share for the quarter, down from their prior forecast of $0.40. The consensus estimate for Foot Locker’s current full-year earnings is $1.49 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2025 earnings at $1.50 EPS, FY2026 earnings at $2.11 EPS and FY2027 earnings at $2.52 EPS.

Foot Locker (NYSE:FL) last issued its quarterly earnings results on Wednesday, August 28th. The athletic footwear retailer reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.03. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.88 billion. Foot Locker had a positive return on equity of 2.73% and a negative net margin of 4.48%.

FL has been the topic of several other reports. Piper Sandler reaffirmed a “neutral” rating and issued a $30.00 price target on shares of Foot Locker in a research report on Friday, August 23rd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $27.00 price target on shares of Foot Locker in a research report on Wednesday, August 28th. StockNews.com downgraded Foot Locker from a “hold” rating to a “sell” rating in a research report on Friday, September 20th. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and lifted their target price for the stock from $17.00 to $21.00 in a research report on Wednesday. Finally, Gordon Haskett initiated coverage on Foot Locker in a research report on Monday, October 7th. They set an “accumulate” rating and a $27.00 target price on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Foot Locker presently has an average rating of “Hold” and a consensus price target of $26.56.

Foot Locker Trading Up 3.4 %

Shares of NYSE:FL opened at $25.31 on Wednesday. The company has a market cap of $2.40 billion, a P/E ratio of -6.59, a P/E/G ratio of 0.72 and a beta of 1.44. The stock’s 50-day moving average is $24.45 and its 200-day moving average is $25.77. Foot Locker has a 52-week low of $20.47 and a 52-week high of $35.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.49 and a current ratio of 1.66.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FL. CANADA LIFE ASSURANCE Co lifted its stake in Foot Locker by 4.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 97,175 shares of the athletic footwear retailer’s stock worth $2,770,000 after purchasing an additional 4,109 shares during the period. Quadrature Capital Ltd bought a new position in shares of Foot Locker in the first quarter valued at approximately $582,000. Price T Rowe Associates Inc. MD raised its stake in shares of Foot Locker by 6.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 51,589 shares of the athletic footwear retailer’s stock valued at $1,471,000 after acquiring an additional 2,906 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Foot Locker in the first quarter valued at approximately $2,194,000. Finally, Tidal Investments LLC bought a new position in shares of Foot Locker in the first quarter valued at approximately $486,000.

Foot Locker Company Profile

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.