Foot Locker tanks 16% on weak earnings as sneaker sales lag
19 Mai, 2017, 18:04 | Author: Marc Bacque
On average, analysts predict that Foot Locker, Inc. will post $5.31 EPS for the current fiscal year. The company's shares traded on stronger-than-usual volume today: $2.67M shares changed hands while the stock's average volume is 1.90M shares per day. Over the last six months, Foot Locker, Inc.'s stock has been 1.38% and 25.44% for the year. 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.
Historically, if we have a peek at price target revisions, Foot Locker, Inc. Foot Locker Inc. had 58 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:FL) has "Buy" rating given on Thursday, February 2 by Guggenheim. For the last period, the company reported quarter over quarter EPS growth of 24.70% and quarter over quarter sales growth of 5.30%.
Among 23 analysts covering Foot Locker Inc. Van ECK Associates Corp increased its stake in shares of Foot Locker by 7.3% in the fourth quarter.
During the first quarter, the global footwear retailer opened 30 new stores, remodeled or relocated 61 stores, and closed 39 stores. (NYSE:FL)'s price target was revised on 05/15/17. During the same period in the previous year, the company earned $1.16 earnings per share. The stock was sold at an average price of $77.51, for a total value of $1,937,750.00.
A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between.
The stock has 5 year expected PEG ratio of 1.60 whereas its trailing twelve month P/E ratio is 14.41 along with forward price to earnings ratio of 12.23. YorkBridge Wealth Partners LLC raised its stake in Foot Locker by 18.6% in the first quarter. For the next financial year, analysts expect that the firm will report sales of $8.51 billion per share, with estimates ranging from $8.4 billion to $8.68 billion. BlackRock Inc. increased its position in shares of Foot Locker by 2,189.3% in the first quarter. State of Alaska Department of Revenue now owns 17,768 shares of the textile maker's stock valued at $1,203,000 after buying an additional 1,024 shares during the period. The firm has "Buy" rating given on Thursday, April 20 by Buckingham Research. 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. Canaccord Genuity lifted their price target on Foot Locker from $83.00 to $87.00 and gave the stock a "buy" rating in a report on Wednesday, February 22nd.
Face aux scandales, Donald Trump dénonce un traitement injuste
Avant ces nouvelles révélations du New York Times , la Maison Blanche s'était employée mardi à contester l'idée selon laquelle M. Un procureur spécial a en effet autorité pour mener son enquête plus indépendamment de la hiérarchie du ministère de la justice.
Estimates: EPS virtually unchanged at $1.38, with revenue edging up 1.4% to $2.015 billion.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by Chaffey Breeze and is the property of of Chaffey Breeze.
A number of research analysts have weighed in on FL shares. Deutsche Bank AG reduced their price target on shares of Foot Locker from $90.00 to $89.00 and set a "buy" rating for the company in a research report on Friday, March 24th. MCKENNA MATTHEW M also sold $482,045 worth of Foot Locker, Inc. Cowen and Company reiterated a "market perform" rating and set a $77.00 price target on shares of Foot Locker in a report on Sunday, April 23rd.
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".
On 4/20/2017 Paulette Alviti, SVP, sold 8,000 with an average share price of $74.50 per share and the total transaction amounting to $596,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The disclosure for this sale can be found here. If you are viewing this story on another site, it was illegally stolen and reposted in violation of global copyright and trademark legislation. The Firm operates through two divisions: Athletic Stores and Direct-to-Customers. More interesting news about Foot Locker, Inc.
La scénariste, actrice et cinéaste française Agnès Jaoui trouve de son côté qu'il serait dommage de se braquer contre Netflix . Leurs noms sont pour l'instant tenus secrets mais le délégué général, Thierry Frémaux, promet une "belle montée de marches".
I think we've maybe felt it too much, Kawhi being gone, in the sense that I don't think.as I watched, I don't think they believed. Key reserve and 2015 NBA Finals MVP Andre Iguodala's status was unclear after he missed Game 2 with soreness in his left knee.
Le trailer commence en effet en 2005 avec un Jefferson Pierce qui décide de se retirer après un dernier combat sanglant. Il faudra donc attendre les résultats d'audiences et la qualité de la série pour espérer un super-crossover.
Un autre de ses avocats, Juan Branco, a avancé qu'il pourrait demander à la France de lui accorder l'asile politique. Personne ne veut être coupable de viol puisque c'est une accusation grave et infamante", a estimé Mme Fritz.
Le dernier gouvernement de Manuel Valls comptait 38 ministres et secrétaires d'Etat, contre 32 dans le gouvernement précédent. A droite, dans la foulée de la nomination d'Edouard Philippe à Matignon, Bruno Le Maire est nommé ministre de l'Economie.
Le maire de la capitale du Béarn se lance dans une diatribe contre l'association, diffusée sur Web-TV Pau-Pyrénées. J'ai refusé et j'ai dit que je n'acceptais pas ces attitudes mercantiles, ce qui n'est pas une injure.
Le compte Twitter de " la Vérité sur les projets d'Israël " montre la robe frappée du drapeau israélien et éclaboussée de sang. Pour rappel, Israël s'était emparé en 1967 de sa partie palestinienne (Jérusalem-Est), avant de l'annexer en 1980.
India has maintained that Jadhav was abducted from Iran, where he was pursuing his business, and passed off as a spy. However, he said Pakistan "will present solid evidence against the Indian spy in the International Court".
Those 18 officers, along with fallen officers from years past, were remembered at Tuesday's memorial service at DPS Headquarters. Our liberties depend on the rule of law, and that means supporting the incredible men and women of law enforcement.
Through 39 games this season, Miller is hitting.205/.350/.318 with a.305 wOBA and just two homers in 163 plate appearances. Since then, he has spent time with the Pittsburgh Pirates, Boston Red Sox and the Indians.
There were also signs that his ruling center-right coalition was in danger, with some allies calling for his resignation. Even the PSDB party, which is allied with Temer's PMDB, vowed to abandon him if the allegations were proven to be true.
Bayrou, Hulot, Collomb, Flessel... sont ministres
Membre de l'équipe de campagne d'Emmanuel Macron, Mounir Mahjoubi a été bombardé ce mercredi secrétaire d'État au Numérique . Il s'agit, a précisé Edouard Philippe, "d'atteindre les objectifs qui sont fixés par le président de la République".
Around the NHL: Pair of Game 5s Coming for Conference Finals
Zolnierczyk has appeared in seven of the Predators' first 12 playoff games and scored a goal in the first round against Chicago. But his team continued to press into the third and was rewarded when Forsberg converted the rebound of a shot by Ryan Ellis.
Dunkin' run! Stores offer free frozen coffee on Friday
With DD Perks, you can earn rewards and order ahead at participating Dunkin' Donuts through the chain's smartphone app. Hashtags for the promotion include #coffee, #beattheheat, #DunkinDonuts, #PerksWeek and #DDPerks.