Foot Locker FY2025 EPS Estimate Decreased by Seaport Res Ptn

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for Foot Locker in a research note issued to investors on Wednesday, December 4th. Seaport Res Ptn analyst M. Kummetz now anticipates that the athletic footwear retailer will post earnings per share of $1.25 for the year, down from their prior estimate of $1.50. 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 $0.75 EPS.

Several other brokerages have also issued reports on FL. Jefferies Financial Group lowered their target price on Foot Locker from $27.00 to $22.00 and set a “hold” rating on the stock in a research note on Wednesday, December 4th. UBS Group lowered their target price on Foot Locker from $26.00 to $22.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Telsey Advisory Group reduced their price target on Foot Locker from $30.00 to $24.00 and set a “market perform” rating for the company in a research report on Thursday, December 5th. Needham & Company LLC reiterated a “buy” rating and issued a $27.00 price target on shares of Foot Locker in a research report on Wednesday, December 4th. Finally, Piper Sandler reduced their price target on Foot Locker from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Monday, December 2nd. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $25.29.

Foot Locker Stock Performance

Shares of FL opened at $21.65 on Monday. The firm has a market cap of $2.05 billion, a PE ratio of -4.80, a PEG ratio of 0.87 and a beta of 1.46. The stock’s fifty day moving average price is $23.73 and its two-hundred day moving average price is $25.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. Foot Locker has a 1 year low of $19.33 and a 1 year high of $35.60.

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

Institutional Investors Weigh In On Foot Locker

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in Foot Locker during the 3rd quarter valued at approximately $58,000. Virtu Financial LLC bought a new position in Foot Locker during the 3rd quarter valued at approximately $701,000. Neo Ivy Capital Management bought a new position in shares of Foot Locker in the 3rd quarter worth approximately $2,636,000. Geode Capital Management LLC raised its position in shares of Foot Locker by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,908,253 shares of the athletic footwear retailer’s stock worth $49,319,000 after acquiring an additional 25,394 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in shares of Foot Locker in the 3rd quarter worth approximately $283,000.

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.