Analyst Ratings for Foot Locker Inc. (FL)Updated: 2017-07-28
Analysts covering Foot Locker Inc. (NYSE:FL) have given it a consensus rating of Overweight. Last month, FL received an average rating of Overweight.
24 analysts issued ratings on the stock, where 13 gave FL a buy rating, 1 issued an overweight rating, 10 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 4 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for FL. The most optimistic analyst gave a price target of 81, implying a possible profit of 76.01 percent. The most pessimistic price target was 60, implying a possible loss of 30.38 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.61 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -12.02 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.68 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.4 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.
FL has an estimated earnings growth rate of 1.73 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FL is 5.44.
In the last 52-weeks, FL has achieved a high of 79.43 and a low of 44.59. The current market price is above the trailing year's low by 3.21 percent, and 42.06 percent below the high. FL has a price/earnings ratio of 9.41. Investors typically compare the P/E ratio to a company's peers in the industry. The FL value stock report compares FL to some of its peers using value stock charts. The market cap of FL is $6.2 billion. FL will post this quarters earnings in days, on 0000-00-00.