FBR & Co also issued estimates for Foot Locker's FY2018 earnings at $5.28 EPS. Hodges Capital Management Inc. now owns 9,028 shares of the textile maker's stock worth $640,000 after buying an additional 28 shares in the last quarter. Foot Locker, Inc. (NYSE:FL) has a Return on Assets of 17.60%, which is key indicator of how profitable a company is relative to its total assets. BlackRock Fund Advisors now owns 2,503,180 shares of the textile maker's stock worth $169,515,000 after buying an additional 88,331 shares during the period. State Street Corp now owns 6,167,116 shares of the textile maker's stock worth $461,353,000 after buying an additional 105,750 shares during the last quarter. The stock now has Weekly Volatility of 2.19% and Monthly Volatility of 1.69%. Cubist Systematic Strategies Llc acquired 18,188 shares as Foot Locker Inc (FL)'s stock 0.00%. The firm has a market capitalization of $9.25 billion, a P/E ratio of 14.35 and a beta of 0.57. February is typically one of the biggest months of the year for Foot Locker, but a lag in consumers receiving their tax refunds hampered results, the New York-based company said. Foot Locker was Friday's biggest decliner in the Standard & Poor's 500 Index by a wide margin. The business had revenue of $2.11 billion during the quarter, compared to analysts' expectations of $2.12 billion. The textile maker reported $1.37 EPS for the quarter, beating the Zacks' consensus estimate of $1.32 by $0.05. The firm has "Neutral" rating by Credit Suisse given on Friday, February 5. Equities analysts forecast that Foot Locker will post $5.31 earnings per share for the current fiscal year.
In related news, SVP Paulette Alviti sold 8,000 shares of Foot Locker stock in a transaction dated Thursday, April 20th. Foot Locker, Inc. (NYSE:FL)'s price to free cash flow for trailing twelve months is 23.36.
ILLEGAL ACTIVITY NOTICE: "Ferguson Wellman Capital Management Inc". Foot Locker, Inc. (NYSE:FL) shares have been recently spotted -10.51% away from the 52-week high, and 40.87% away from the 52-week low mark. "(FL) Rating Reiterated by Wedbush" was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this story on another site, it was illegally stolen and reposted in violation of global copyright and trademark legislation. FL has been the subject of several research reports.
Foot Locker reported first-quarter earnings of $1.36 a share, trailing the $1.38 predicted by analysts. The stock declined 0.01% or $0.01 reaching $70.44 on the news. BlackRock Institutional Trust Company N.A. now owns 3,893,384 shares of the textile maker's stock worth $263,660,000 after buying an additional 25,342 shares during the last quarter. Deutsche Bank AG reduced their price objective on Foot Locker from $90.00 to $89.00 and set a "buy" rating for the company in a research report on Friday, March 24th. This conference call may be accessed live by dialing 1-800-749-1342 (U.S. and Canada) or +44 203-300-0091 (International), or via the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com.
Based on the latest notes released to investors, 12 analysts have issued a rating of "buy", 5 analysts "outperform", 6 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". The stock now has an average rating of Buy and an average price target of $80.91. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Following the transaction, the senior vice president now owns 36,641 shares of the company's stock, valued at approximately $2,729,754.50.