The leading market experts have placed a mean price target of $75.37 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 $1.33 a share for the upcoming quarter and $4.76 for the current fiscal.
The technical analysis of Foot Locker, Inc. plainly substantiates that the 50-day moving average of Foot Locker, Inc. is $61.53, and stock is trading $4.47 points away or +7.27% from its 50-day moving average of $61.53. Further it is trading $5.64 or +9.35% away its 200-day moving average of $60.36. 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 $-11.25, it will post a 52-week high. In event of +29.67% 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 16.42.
The stock last ended the trading session at $66.00 and registered a market cap of $8.94B. 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 1.51.
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