Stock To Watch: Foot Locker, Inc. (NYSE:FL)


The leading market experts have placed a mean price target of $69.67 on Foot Locker, Inc. (NYSE:FL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.12 a share for the upcoming quarter and $4.72 for the current fiscal. Technical View The technical analysis of Foot Locker, Inc. plainly substantiates that the 50-day moving average of Foot Locker, Inc. is $55.35, and stock is hovering 3.30 or +5.96% distant from $55.35. It is noted that the 200-day MA is $60.96, and Foot Locker, Inc. stock is $-2.31 or -3.79% off from this point. Foot Locker, Inc. (NYSE:FL) 52-week high is $77.25 and the 52-week low is $50.90. This explains if the stock moves $-18.60, it will post a 52-week high. In event of $+15.23% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Foot Locker, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Foot Locker, Inc. (NYSE:FL) ratio came in at 14.93. The stock last ended the trading session at $58.65 and registered a market cap of $7.94B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Foot Locker, Inc. (NYSE:FL) PEG ratio is at 1.22.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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