Q1 EPS Estimates for Foot Locker Reduced by Zacks Research

Foot Locker, Inc. (NYSE:FL) – Zacks Research dropped their Q1 2026 earnings per share estimates for Foot Locker in a note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the athletic footwear retailer will post earnings per share of ($0.01) for the quarter, down from their prior estimate of $0.36. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Zacks Research also issued estimates for Foot Locker’s Q4 2026 earnings at $0.88 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.20 EPS and Q4 2027 earnings at $0.87 EPS.

Several other brokerages also recently issued reports on FL. Barclays set a $24.00 price target on Foot Locker in a report on Wednesday, March 5th. Robert W. Baird dropped their target price on shares of Foot Locker from $24.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Morgan Stanley cut their price target on shares of Foot Locker from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Friday, December 6th. Telsey Advisory Group reissued a “market perform” rating and set a $24.00 price objective on shares of Foot Locker in a research report on Wednesday, March 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Foot Locker in a research report on Wednesday, March 5th. Four 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 MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.81.

Foot Locker Stock Performance

Shares of Foot Locker stock opened at $15.68 on Monday. The stock’s fifty day simple moving average is $18.49 and its 200 day simple moving average is $21.86. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.49 billion, a PE ratio of -3.48, a PEG ratio of 0.53 and a beta of 1.55. Foot Locker has a 12 month low of $14.98 and a 12 month high of $33.94.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.13. The business had revenue of $2.25 billion for the quarter, compared to analyst estimates 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 last year, the firm earned $0.38 EPS.

Institutional Trading of Foot Locker

A number of large investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in shares of Foot Locker by 173.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 112,028 shares of the athletic footwear retailer’s stock worth $2,438,000 after purchasing an additional 71,083 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Foot Locker by 17.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 263,466 shares of the athletic footwear retailer’s stock worth $5,733,000 after buying an additional 39,232 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in shares of Foot Locker by 66.8% during the 4th quarter. Voloridge Investment Management LLC now owns 737,299 shares of the athletic footwear retailer’s stock worth $16,044,000 after buying an additional 295,243 shares during the last quarter. Vision One Management Partners LP bought a new stake in shares of Foot Locker during the 4th quarter worth about $1,205,000. Finally, Twinbeech Capital LP bought a new stake in shares of Foot Locker during the 4th quarter worth about $5,715,000.

About Foot Locker

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.