Zacks Investment Research downgraded Foot Locker, Inc. (NYSE:FL) to Hold in a report released today.
- Updated: October 7, 2016
Zacks Investment Research has downgraded Foot Locker, Inc. (NYSE:FL) to Hold in a statement released on 10/7/2016.
On 10/05/2016, Zacks Investment Research released a statement on Foot Locker, Inc. (NYSE:FL) upped the target price from $0.00 to $75.00 that suggested an upside of 0.12%.
Having a price of $67.95, Foot Locker, Inc. (NYSE:FL) traded 1.81% higher on the day. With the last close up 14.03% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Foot Locker, Inc. has recorded a 50-day average of $66.56 and a two hundred day average of $60.67. Volume of trade was down over the average, with 1,357,802 shares of FL changing hands under the typical 1,934,900
With a total market value of $0, Foot Locker, Inc. has price-earnings ratio of 17.21 with a one year low of $50.90 and a one year high of $71.67 .
A total of 23 analysts have released a report on Foot Locker, Inc.. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $73.30.
More About Foot Locker, Inc. (NYSE:FL)
Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company's Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, SIX:02, Runners Point Group, including Runners Point and Sidestep. The Company's Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., and its international e-commerce businesses, which sell to customers through their Internet and mobile sites and catalogs. The Direct-to-Customers segment operates the Websites for eastbay.com, final-score.com, eastbayteamsales.com, and sp24.com. It operates over 3,383 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. The Company operates over 60 franchised stores that are located in the Middle East, Germany and Switzerland, and Republic of Korea.
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