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.
Several price targets were given for FL by the analysts covering the stock. The most optimistic analyst gave a price target of 81, which equates to a potential upside of 76.01 percent. The minimum price target given was 60, which equates to a potential downside of 30.38 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.68 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.4 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.
Analysts estimate earnings of FL to grow at a rate of 1.73 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. FL has a PEG ratio of 5.44.
FL has a 52-week high of 79.43 and a 52-week low of 44.59. Currently the stock is 3.21 percent higher than its low, and below the high by 42.06 percent. FL has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.