Footlocker

Foot Locker Fl Has Emerged As A Lucrative Option In 2017

... 2017. by Zacks Equity Research   Published on. January 10, 2017. Trades from $3. Still lower gasoline prices, an improving labor market and positive consumer sentiment are enough to drive momentum in the retail space. Therefore, it would be feasible on your part to add a few retail stocks to your portfolio that have solid fundamentals and could provide a sound investment opportunity. Here we have highlighted one such stock – Foot Locker, Inc. ( FL - Free Report ) – that looks promising and carries a Zacks Rank #2 (Buy), with a long-term earnings growth rate of 9.7%. We have analyzed a few basic aspects of the stock that has surged 22% in the past six months and outperformed the Zacks categorized Retail-Apparel/Shoe industry, which witnessed a decline of 3.9%. Foot Locker is one of the most widely recognized names in the athletic footwear and apparel industry. It boasts a strong portfolio of leading brands under a variety of store banners which aids it to target specific markets and effectively meet consumer ...

Foot Locker, Inc. Nyse:fl , Ocean Rig Udw Llc Nasdaq:orig

... climbed down over an trading activity of 1.86 Million shares. EPS ratio determined by looking at last 12 month figures is 4.64. Over the same time span, the stock marked US$79.43 as its best level and the lowest price reached was US$50.9. The corporation has a market cap of US$8.93 Billion. Foot Locker, Inc. (NYSE: FL)’s earnings per share has been growing at a 28.9 percent rate over the past 5 year when average revenue increase was noted as 8 percent. The return on equity ratio or ROE stands at 24.3 percent while most common profitability ratio return on investment (ROI) was 20.3 percent. The company’s institutional ownership is monitored at 99.8 percent. The company’s net profit margin has achieved the current level of 8.3 percent and possesses 33.9 percent gross margin. Daily Analyst Recommendations. A number of key analysts, ...

Does Foot Locker Fl Make For A Suitable Value Investment

... over the past few years. This suggests that the company’s stock price has already appreciated to some degree, relative to its sales. Broad Value Outlook. In aggregate, Foot Locker currently has a Zacks Value Style Score of ‘A’, putting it into the top 20% of all stocks we cover from this look. This makes Foot Locker a solid choice for value investors. What About the Stock Overall. Though Foot Locker might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of ‘D’ and a Momentum score of ‘B’. This gives FL a Zacks VGM score—or its overarching fundamental grade—of ‘B’. (You can read more about the Zacks Style Scores here > > ). Meanwhile, the company’s recent earnings estimates have been mixed at best. The current quarter has seen one estimate go higher in the past sixty days compared to six lower, while the full year estimate has seen eight upward revisions and one downward in the same time period. This has had just a small impact on the consensus estimate though as the current quarter consensus estimate ...

Foot Locker

... quarter or $1.17 per share. This signifies growth of an astonishing 105% over the $0.57 per share earned in last year's comparable quarter. Digging deeper, we see that same-store sales were incredibly strong. They jumped 4.7% year over year while revenue generated at these stores jumped 5.1%, to $1.79 billion in Q 3. On top of that, there were other key strengths like declining expenses (to 19.4% of sales), which has helped gross margin improve to 33.9%. That is impressive. What is more? I see no reason why the growth will not continue. Let me be very clear. This was an incredibly profitable quarter for the company, and it continues a string of solid quarters. Are you looking for a strong performer for 2017? Then look no further than Foot Locker, which just went on sale. Operationally, things continue to be strong. The ...

Foot Locker Is Still Undervalued

... the next quarter. "Before I turn the call over to Dick, let me reiterate that for the fourth quarter we continue to expect a mid-single-digit comparable sales gain, slight improvements in both gross margin and SG&A and a double-digit EPS. As a result, we're on track to achieve the annual guidance we gave you at the beginning of 2016 - a mid-single-digit comparable sales increase and a double-digit gain in EPS.". While the company's cash position decreased by $13 mln yoy, it was actually FCF positive. The decrease in cash was the result of cash being returned to the shareholders. Management spent $37 mln on dividends to shareholders and used $76 mln to repurchase 1.15 mln shares in the third quarter. One of the things retailers are currently focusing on is e-commerce. More and more consumers stay at home more often when they want to buy something. It is way easier to just get behind your computer, go through a few websites until you see something you like, and then buy it rather than having to go outside and travel to multiple stores. So e-commerce is the future for retailers, but of course we ...

Why I Am Adding Right Now

... Locker's major source of revenue is footwear. The report states that sales of Nike shoes were up across all channels. This matched Finish Line's earnings report (yes, the same one that caused a decline in FL's stock price), where the lone bright spot was an increase in footwear sales. The data aside, what immediately attracts me to Foot Locker is that the growth of the company outpaces its trading multiple. That is a classic value signal. This well managed company's recent performance has been stellar. While past performance is no guarantee of future results, Foot Locker has consistently delivered since I got behind the name. What do I mean? In Q 3 2016, the company reported net income of $157 million ($1.17 per share). The company grew its earnings by 105% over Q 3 2015. Digging deeper, we see that same-store sales were incredibly strong. This is a key indicator. When competitors are locking in 1-2%, or even negative growth, Foot Locker saw comps spike 4.7% year ...

Thieves Steal $97k In Merchandise From Minnesota Foot Locker

... to get into the athletic footwear and apparel retailer. Once inside, they carted away hats, clothing and shoes, including brands that had not been released yet, said Lt. Brian Sturgeon of the West St. Paul Police Department. Employees who showed up for work at 10 a.m. on Jan. 16 reported seeing Sheetrock busted off in the store room, then noticed that product had been cleaned off the shelves. Police believe more than one person was involved in the heist. With that much product taken, “I’m certain they needed more than a car to escape in,” Sturgeon said. “They probably needed a larger van or box truck.”. According to police, the thieves entered a vacant space in the strip mall sometime late on Jan. 15 or early Jan. 16. The crooks went undetected because the vacant store did not have an alarm. They busted through Sheetrock to get into the Foot Locker’s back storage room. It was only when the thieves entered the showroom around 1:10 a.m. on Jan. 16 that a motion ...

Nfl Fines Chiefs' Travis Kelce For 'foot Locker' Blast Against Referee

... Kelce for 'Foot Locker' blast against referee All the money Travis Kelce is giving up in fines sure could buy a lot of shoes.  Check out this story on __link__: __link__ j Iviw M. Cancel Send. A link has been sent to your friend's email address. A link has been posted to your Facebook feed. To find out more about Facebook commenting please read the Conversation Guidelines and FAQs. NFL fines Chiefs' Travis Kelce for 'Foot Locker' blast against referee. Tom Pelissero , USA TODAY Sports 8:56 p.m. ET Jan. 20, 2017. USA TODAY Sports' Lorenzo Reyes makes his picks for this weekend's AFC and NFC Championship games. USA TODAY Sports. Kansas City Chiefs tight end Travis Kelce (87) was fined by the NFL for criticizing a referee after the team's loss to the Pittsburgh Steelers. (Photo: Jay Biggerstaff, USA TODAY Sports). All the money Kansas City Chiefs tight end Travis Kelce is giving up in fines sure could buy a lot of shoes. The NFL docked Kelce $21,615, including $12,500 for a personal attack on an individual game official after last week's playoff loss to the Pittsburgh Steelers, a person with knowledge of the fine told USA TODAY ...

Is It The Right Time To Buy Foot Locker

... Further, dividing the total equity value with the shares outstanding, I calculate the intrinsic value of $75/share, which offers 9% upside potential from the current market price. Source: Author Calculations/ Seeking Alpha. Now, look at the equity level valuation multiples shown in the below table. Almost all of the four multiples are 25%-to-30% discount to the industry's average multiples. On the forward-looking basis, Foot Locker is trading at 14.78 times of its forward earnings as compared to 20.52 x of its industry's forward multiple. The P/E model brings me with a fair value of __link__/share ($4.76*20.52) based on the expected EPS of $4.76. Moreover, the P/E multiple is looking more favorable for the shareholders (shown in the P/E ratio graph) based on the strong expected earnings growth rate of 10% in the next five-year period. Source: __link__. An enhancement over P/E ratio is the PEG ratio, which may tell the story more clearly. The PEG ratio under 1 is considered a strong undervaluation signal. PEG ratio less than 1 means that the price of the particular stock is undervalued as compared to its potential earnings growth rate. The PEG ratio of Foot Locker is 0.60 as ...

Ref Shouldn't Even Work At Foot Locker

... TX, USA; Dallas Cowboys wide receiver Cole Beasley (11) runs the ball against the Green Bay Packers during the first quarter in the NFC Divisional playoff game at AT&T Stadium. Matthew Emmons, USA TODAY Sports. New England Patriots quarterback Tom Brady (12) is sacked by Houston Texans inside linebacker Brian Cushing (56) and outside linebacker Whitney Mercilus (59) during the first half in the AFC Divisional playoff game at Gillette Stadium. Winslow Townson, USA TODAY Sports. New England Patriots fullback James Develin (46) is stopped short of the goal line by Houston Texans defensive back Eddie Pleasant (35) and outside linebacker Akeem Dent (50) during the first half in the AFC Divisional playoff game at Gillette Stadium. David Butler III, USA TODAY Sports. New England Patriots wide receiver Chris Hogan (15) is stopped by Houston Texans cornerback A. J. Bouye (21) during the first half in the AFC Divisional playoff game at Gillette Stadium. David Butler III, USA TODAY Sports. New England Patriots outside linebacker Shea Mc Clellin (58) hits Houston Texans quarterback Brock Osweiler (17) as he throws during the third quarter in the AFC Divisional playoff game ...