Seaport Res Ptn Forecasts Increased Earnings for Foot Locker

Foot Locker, Inc. (NYSE:FL) – Research analysts at Seaport Res Ptn raised their FY2025 earnings per share (EPS) estimates for shares of Foot Locker in a note issued to investors on Wednesday, February 26th. Seaport Res Ptn analyst M. Kummetz now expects that the athletic footwear retailer will earn $1.27 per share for the year, up from their previous forecast of $1.25. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker’s Q4 2025 earnings at $0.77 EPS.

Foot Locker (NYSE:FL) last posted its quarterly earnings results on Wednesday, December 4th. The athletic footwear retailer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period last year, the company earned $0.30 EPS. The company’s revenue was down 1.4% on a year-over-year basis.

A number of other research firms have also recently weighed in on FL. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and raised their price target for the company from $17.00 to $21.00 in a report on Wednesday, November 27th. Needham & Company LLC dropped their price target on Foot Locker from $25.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. JPMorgan Chase & Co. reduced their price target on Foot Locker from $23.00 to $20.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Piper Sandler reduced their price objective on Foot Locker from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Monday, December 2nd. Finally, Barclays lowered their price objective on shares of Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. Four equities research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $24.35.

Foot Locker Trading Down 2.8 %

Shares of FL opened at $17.39 on Monday. The stock has a 50 day simple moving average of $19.98 and a 200-day simple moving average of $23.37. Foot Locker has a 1 year low of $16.92 and a 1 year high of $34.71. The stock has a market cap of $1.65 billion, a PE ratio of -3.85, a PEG ratio of 0.53 and a beta of 1.48. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15.

Institutional Trading of Foot Locker

A number of institutional investors have recently bought and sold shares of FL. Harbour Investments Inc. boosted its position in shares of Foot Locker by 81.6% during the 4th quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock worth $31,000 after purchasing an additional 648 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Foot Locker in the 4th quarter worth approximately $32,000. R Squared Ltd bought a new position in Foot Locker in the 4th quarter worth approximately $50,000. Sterling Capital Management LLC boosted its holdings in Foot Locker by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer’s stock valued at $57,000 after purchasing an additional 2,343 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in Foot Locker in the 3rd quarter valued at $58,000.

Foot Locker Company Profile

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.