Seaport Res Ptn Predicts Foot Locker Q1 Earnings

Foot Locker, Inc. (NYSE:FL) – Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for Foot Locker in a research note issued to investors on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz forecasts that the athletic footwear retailer will post earnings of ($0.04) per share for the quarter. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share.

FL has been the subject of a number of other reports. JPMorgan Chase & Co. decreased their target price on Foot Locker from $23.00 to $20.00 and set an “underweight” rating for the company in a research report on Friday, January 24th. Robert W. Baird reduced their price objective on Foot Locker from $24.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. Evercore ISI lowered their target price on Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. Barclays set a $24.00 target price on Foot Locker in a report on Wednesday, March 5th. Finally, Williams Trading upgraded shares of Foot Locker from a “sell” rating to a “hold” rating and boosted their price target for the company from $17.00 to $21.00 in a research note on Wednesday, November 27th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $22.81.

Foot Locker Trading Down 5.6 %

FL opened at $16.22 on Monday. The company has a fifty day moving average price of $19.51 and a two-hundred day moving average price of $22.84. Foot Locker has a 1-year low of $15.89 and a 1-year high of $33.94. The company has a market cap of $1.54 billion, a P/E ratio of -3.60, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15.

Foot Locker (NYSE:FL) last released its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.13. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.32 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. Foot Locker’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 EPS.

Hedge Funds Weigh In On Foot Locker

Several institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. raised its position in Foot Locker by 81.6% in the fourth quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock worth $31,000 after acquiring an additional 648 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in shares of Foot Locker during the 4th quarter worth approximately $32,000. R Squared Ltd bought a new stake in shares of Foot Locker in the 4th quarter worth approximately $50,000. Sterling Capital Management LLC lifted its stake in Foot Locker by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer’s stock valued at $57,000 after purchasing an additional 2,343 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Foot Locker in the third quarter valued at approximately $58,000.

Foot Locker Company Profile

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.