|Bid||54.10 x 1800|
|Ask||56.00 x 1200|
|Day's Range||54.32 - 56.57|
|52 Week Range||28.42 - 59.40|
|PE Ratio (TTM)||25.36|
|Earnings Date||Aug 16, 2018 - Aug 20, 2018|
|Forward Dividend & Yield||1.38 (2.43%)|
|1y Target Est||59.19|
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.
LONDON, UK / ACCESSWIRE / June 14, 2018 / If you want access to our free earnings report on Crocs, Inc. (NASDAQ: CROX), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CROX. Crocs reported its first quarter fiscal 2018 operating and financial results on May 08, 2018. The shoe Company outperformed top- and bottom-line expectations.
Jefferies analyst Randal Konik was out with a note in which he downplayed the Street's Amazon fears, recommending that investors go long on shares of Foot Locker Inc. ( FL), Gap Inc. ( GPS), Michael Kors Holdings Ltd. ( KORS) and Kohl's Corp. ( KSS).
Retailer Foot Locker Inc (NYSE: FL ) believes that good Nike Inc (NYSE: NKE ) product will soon outweigh the bad, according to Wells Fargo. The Analyst Wells Fargo’s Tom Nikic reiterated a Market Perform ...
Brick-and-mortar retail has struggled in recent months. In particular, Foot Locker, Inc. (NYSE:FL) has really caught my eye. Comparable-store sales were down year-over-year, but the drop wasn’t quite as big as anticipated.
Also, folks are shrugging off the approach of another likely Federal Reserve rate hike next week, as well as the start of the summit between President Donald Donald Trump and North Korea in Singapore. While everyone is focusing on the likes of Amazon.com, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX) — stocks that just refuse to slow their climb, let alone decline outright — a number of issues are hitting new highs with little to no fanfare. Hot-then-not sportswear maker Under Armour Inc (NYSE:UA) is enjoying a near-vertical rise in its share price, surging nearly 60% from the levels seen in late April to return to highs not seen since early 2017.
Meanwhile, two different analysts have questioned the stock over the past couple of weeks, undercutting some of the momentum DSW stock had gained. Heading into earnings, Deutsche Bank AG (USA) (NYSE:DB) downgraded DSW to a “hold,” with a target of $24.
One by one, athletic retailers have fallen to bankruptcy, but Dick’s Sporting Goods Inc. is surviving and thriving. Wells Fargo analysts chalk it up to the “Best Buy Playbook,” the steps that the consumer electronics giant took to get its mojo back through the “Renew Blue” strategy, unveiled in late 2012. Likewise, Dick’s Sporting Goods (DKS) has seen a number of its competitors vanquished by bankruptcy, including Sports Authority and Sports Chalet.
Dicks Sporting Goods Inc (NYSE:DKS) surprised Wall Street with much higher earnings numbers. Amid an e-commerce onslaught and a decision to stop selling some classes of guns, expectations remained low.
Athletic apparel retailers are on quite the roll. Dicks Sporting Goods Inc (NYSE: DKS ) shares are soaring after reporting a big first-quarter earnings beat and raised fiscal 2018 guidance Wednesday. The ...
Shoe retailer DSW reported better-than-expected first-quarter earnings and sales Wednesday, but shares still fell.
In response to the surprisingly good numbers and healthy guide, DKS stock is up more than 25% as of this writing. Does this rebound in DKS stock have more firepower? Athletic retail as a whole is in rebound mode, supported by equally strong numbers from Foot Locker, Inc. (NYSE:FL) last week.
Forward PE multiples are frequently-used metrics for making investment decisions. A forward PE is calculated by dividing the stock price by analysts’ earnings estimates for the next four quarters.
Athletic retail giant Foot Locker, Inc. (NYSE:FL) reported robust first quarter numbers on May 25 that topped expectations on both the top and bottom lines. Foot Locker stock is up nearly 15% to over $50 in response to those strong numbers. This recent earnings pop continues what has been a multi-month rebound in Foot Locker stock from below $30 to above $50.
On May 25, after Foot Locker’s (FL) first-quarter earnings release, FL stock soared 20.2% to $55.74. Its first-quarter sales of $2.03 billion and adjusted EPS of $1.45 came in far above the consensus estimate of $1.96 billion and $1.25, respectively. Increasing sales of premium products led to a strong quarterly performance.
Carter Worth, Cornerstone Macro, looks at the best consumer bets. With CNBC's Melissa Lee and the Futures Now traders, Pete Najarian, Tim Seymour, Karen Finerman and Dan Nathan.