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Foot Locker, Inc. (FL)

NYSE - Nasdaq Real Time Price. Currency in USD
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30.05+1.74 (+6.13%)
At close: 02:10PM EDT
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  • V
    Victor
    If you think this move is crazy, wait till this shoots to $35 soon. This stock and FB are the easiest 50-100% move stocks in the next 12 months
  • D
    Dennis stocks
    Foot locker was a $35 stock ten years ago with approx 150 million shares outstanding. Over ten years company has earned $3-4 billion, bought back 50 million share, invested in GOAT, atmos and wps and is only worth $2.3 billion today. Seems like the steal of the century
  • s
    steven
    went to fl today the sign said closed due to staffing problems
  • B
    Bunny
    Add another batch. "Stock is the only market that people will run away when the goods are on sale".
    Bullish
  • B
    Bunny
    Insiders are smart and bought shares heavily.
    Bullish
  • A
    AlgoHater
    It's nice to see a stock that rises after exdiv date. Just bought in for the first time ever. Looking for capital appreciation and this one looks to have that possibility. 2500 shares at $25.19......
  • K
    Ken
    High long-term debt at $2.8BN yes but Fcf averaging $615M for the last 4 years. They could always suspend the divvy and dedicate it to debt repayment also.

    I imagine the interest on the debt is still well below inflation.

    This stock is a bargain.
    Bullish
  • j
    john
    Cheap can always get cheaper I suppose
  • M
    Miguel
    What if price of shoes double with inflation and their profit margin eventually return to normal? 2X baby!
  • j
    john
    Bought 208 at 26.05. First time buyer, nice stock, dividend doesn’t seem stable though if you look at the history
  • G
    Gruzby
    2.3B Cap for 8-9B Revenue ? I mean c'mon !
  • D
    Dobbs
    Is the divided at risk or at least a cut in the dividend?
  • H
    Hank
    People are out & about every weekend where I'm @, it would be fair to say people are still going out, doing things, hence, footwear sales should continue to be decent.
    Bullish
  • T
    Thelostclock
    I think you guys already know, but yeah.. reminding you guys that their 5 year average annual fcf is about 650 million dollars and market is current trading at around 2.5 billlion.. That is 26% of FCF/market cap ratio... that is insane. I mean I own a business and I think my business is valued even higher than Foot locker using that ratio.
  • S
    S1992
    I’m down 10k $ on my FL position, guess what I’m doing? I’m watching friends on Netflix. I’m ready mentally to see it drop even to 50% Footlocker is a very strong company with a great management and good and hard times are part of life the question is are you mentally ready for it ? If not stick with Mutual Funds and ETF’s :)
  • h
    harkirat
    3 pe and people are still selling can’t believe 🤬😤
  • H
    Hedgehog
    Is everyone walking around barefoot in the States? 🤣😂
  • T
    Thelostclock
    Yeah the stores have been closing since 2017, but they generate more revenue and fcf has not gone down. I go to Foot Locker to buy shoes not Nike shoes. If I was looking for Nike shoes, I would go to Nike. I don't think it will have tremendous effect on Foot Locker. PE ratio is now nearing 2 and forward pe ratio of 6.. What more do you want? Essentially no debt if we include inventory. FCF of even 400 million dollar per yea which is decline of 30% still makes the stock undervalued.
    Bullish
  • j
    john
    Sorry it’s going down guys, it’s because I bought this morning
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