Is Foot Locker Inc (NYSE: FL) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that FOOT LOCKER, INC. TO PRESENT AT THE J.P. MORGAN 10TH ANNUAL RETAIL ROUND UP CONFERENCE.

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Stocks Info

FL belongs to the Consumer Cyclical sector of the NYSE while operating in the Apparel Retail industry. At the end of the last regular session, the stock closed at $27.52 and fluctuated between $29.03 as its day high and $27.47 as its day low. The current market capitalization of Foot Locker Inc is $2.59B. A total of 3.17 million shares were traded on the day, compared to an average of 3.80M shares.

In the most recent transaction, Dillon Mary N bought 5,510 shares of FL for 18.17 per share on Sep 08 ’23. After the transaction, the President & CEO now owns 27,649 company shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. FL’s most recent ex-dividend date was 10/12/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 10/27/2023. Previously, the company paid the dividend on 7/28/2023 with an ex-dividend date of 7/13/2023. The FL stock dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FL has a high of $42.79 and a low of $14.84.

As of this writing, FL has an earnings estimate of $0.13 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.19 per share and a lower estimate of $0.08. The company reported an EPS of $0.3 in the last quarter, which was 42.90% higher than expectations of $0.21.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FL’s latest balance sheet shows that the firm has $804.00M in Cash & Short Term Investments as of fiscal 2022. There were $3.39B in debt and $1.74B in liabilities at the time. Its Book Value Per Share was $30.67, while its Total Shareholder’s Equity was $3.24B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FL is Buy with a score of 3.12.

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