Foot Locker (FL) Set to Announce Earnings on Wednesday

Foot Locker (NYSE:FL) will be announcing its earnings results 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 Trading Down 0.6 %

FL stock opened at $25.15 on Monday. Foot Locker has a one year low of $20.47 and a one year high of $35.60. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -6.50, a price-to-earnings-growth ratio of 0.74 and a beta of 1.44. The company has a fifty day moving average price of $24.26 and a two-hundred day moving average price of $25.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.66 and a quick ratio of 0.49.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FL. Robert W. Baird decreased their price target on shares of Foot Locker from $35.00 to $27.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 25th. Citigroup lifted their price target on Foot Locker from $27.00 to $33.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $27.00 price objective on shares of Foot Locker in a report on Wednesday, August 28th. Evercore ISI lowered their price objective on Foot Locker from $38.00 to $32.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 26th. Finally, Needham & Company LLC assumed coverage on shares of Foot Locker in a research note on Friday, November 22nd. They issued a “buy” rating and a $27.00 price target on the stock. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Foot Locker currently has an average rating of “Hold” and a consensus 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.