52.90 +0.08 (0.15%)
After hours: 5:23PM EDT
|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||52.20 - 53.06|
|52 Week Range||28.42 - 59.40|
|PE Ratio (TTM)||24.54|
|Earnings Date||Aug 16, 2018 - Aug 20, 2018|
|Forward Dividend & Yield||1.38 (2.64%)|
|1y Target Est||59.19|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding FL totaled $743 million.
In fiscal 2018, analysts expect Dick’s Sporting Goods’ (DKS) sales to rise 1.2% YoY (year-over-year) to $8.69 billion. Discontinuation of firearm sales impacted hunting category comps, and the company is making efforts to exit the electronics category. Analysts expect Dick’s Sporting Goods’ sales to rise 3.5% YoY to $2.23 billion in Q2 2018.
Forward PE multiples, calculated by dividing a company’s stock price by analysts’ earnings estimates for the next four quarters, are among the most frequently used multiples for comparing companies in the same sector. As of July 9, Dick’s Sporting Goods (DKS) was trading at a 12-month forward PE multiple of 11.0x, 12.9% lower than its PE multiple on May 30 when it released in Q1 2018 results. In comparison, Foot Locker (FL) and Hibbett Sports (HIBB) had higher 12-month forward PE multiples of 11.4x and 12.5x, respectively, while Big 5 Sporting Goods’ (BGFV) was lower, at 10.3x.
Of the 30 analysts covering Dick’s Sporting Goods (DKS) stock on July 9, 70% recommended “hold,” 27% recommended “buy,” and 3% recommended “sell.” There have been no target price revisions for DKS stock in the past month. Analysts’ 12-month average target price for DKS is $39.17, which reflects a 13.8% upside to its July 9 price.
Foot Locker (FL) is likely to benefit from its strong brand portfolio and capital allocation program. However, soft margins and comps remain concerns.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding FL totaled $1.99 billion.
The " Fast Money " traders shared their first moves for the market open. Tim Seymour is a buyer of Bank of America BAC . Karen Finerman is a buyer of Foot Locker FL . Brian Kelly is a buyer of the iShares 20+ Year Treasury Bond TLT .
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Foot Locker, Inc. (NYSE: FL ) stock was trading higher ...
On June 25, Foot Locker (FL) was rated as a “buy” by 13 (57.0%) of the 23 analysts covering the stock, and eight (35.0%) rated it as a “hold.” For Skechers (SKX), 11 (92.0%) of the 12 analysts rated the stock as a “buy,” and the remaining analyst (8.0%) rated it as a “hold.”
LONDON, UK / ACCESSWIRE / June 29, 2018 / If you want access to our free earnings report on Ship Finance International Ltd (NYSE: SFL) (“Ship Finance”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SFL. The Company released its financial results on May 31, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Company's basic earnings per share (EPS) grew on a y-o-y basis, outperforming market consensus estimates.
On June 25, Deckers Outdoor (DECK) traded at a 12-month forward PE (price-to-earnings) multiple of 18.0x, which is higher than the valuation multiples of the other footwear retailers. In contrast, Foot Locker (FL), Skechers (SKX), and DSW (DSW) are trading at 12-month forward PE multiples of 11.4x, 12.8x, and 15.5x, respectively.
Wall Street expects 10.0% growth in Foot Locker’s (FL) adjusted EPS to $4.52 for fiscal 2018. The company has guided its EPS to grow in double digits for fiscal 2018, driven by sales improvements and a lowered share count in the latter half of the year.
Wall Street analysts expect Deckers Outdoor (DECK) to report 1.7% growth in sales to $1.94 billion in fiscal 2019. Deckers Outdoor reported 6.3% growth in sales to $1.9 billion in fiscal 2018, driven by strength in its UGG brand and DTC (direct-to-consumer) business. For fiscal 2018, Foot Locker’s (FL) sales are expected to reach ~$7.8 billion, reflecting 0.1% YoY (year-over-year) growth.
On June 25, the stock prices for Deckers Outdoor (DECK), DSW (DSW), and Foot Locker (FL) rose 44.6%, 20.2%, and 13.4%, respectively, on a YTD (year-to-date) basis. Skechers’ underwhelming second-quarter guidance left investors disappointed, and the stock witnessed a massive sell-off. The benchmark index performance has been subdued as trade war fears between the United States and major trade partners such as China refuse to die down.
LONDON, UK / ACCESSWIRE / June 26, 2018 / If you want access to our free earnings report on Foot Locker, Inc. (NYSE: FL), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FL. Foot Locker reported its first quarter fiscal 2019 operating and financial results on May 25, 2018. Additionally, the Company provided guidance for the upcoming quarter and fiscal year 2018.
Today, WallStEquities.com follows the recent performance of Caleres Inc. (NYSE: CAL), Crocs Inc. (NASDAQ: CROX), Deckers Outdoor Corp. (NYSE: DECK), and Foot Locker Inc. (NYSE: FL). Last Friday, St. Louis, Missouri headquartered Caleres Inc.'s stock declined slightly by 0.86%, to close the day at $35.69.
UBS took a neutral stance on athleisure retailers in a sectorwide report this week. The Analyst Analyst Jay Sole initiated coverage of the following stocks: Foot Locker, Inc. (NYSE: FL ): Neutral, $59 ...
NEW YORK, June 19, 2018 /PRNewswire/ -- To celebrate basketball's rising stars, Foot Locker is tapping into its roots in basketball culture by launching a comedic content series and an exclusive "One and Done" T-shirt collection that lightly jokes at the short-lived collegiate and overseas basketball careers of this year's top Draft prospects. The spots feature upcoming Draft picks Trae Young and LiAngelo Ball, who are shown selling Foot Locker-exclusive T-shirts designed by acclaimed streetwear designer Don C, available for one day only. "Foot Locker has a long history of tapping into some of the biggest basketball moments, like the Draft, and this year we're amplifying that approach by introducing a limited-edition collection of tees," said Patrick Walsh, Vice President of Marketing for Foot Locker North America.
Over the past 30 days, several analysts have raised their price targets for Deckers. On May 31, Citigroup raised its price target to $111 from $100. On May 25, Buckingham Research upped its price target to $99 from $95.
In the value stocks versus growth stocks tug-of-war, growth stocks have been the unequivocal winner for the past several years. Many are calling for a reversal into value stocks over the next several years. Higher interest rates put pressure on equity valuations and may cause a big shift in money from big multiple growth stocks to low multiple value stocks.