Foot Locker Stock Target Price and Analyst Consensus

FL Stock  USD 22.59  0.35  1.57%   
The current analyst and expert consensus on Foot Locker is Buy with 13 hold recommendations. The current projected Foot Locker target price consensus is 19.89 with 19 analyst opinions. One of the most common ways Foot Locker analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Foot Locker vendors, executives, and/or customers. Foot Locker recommendation module provides expert sentiment on the projected Foot Locker target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Foot Locker to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
Lowest Forecast
18.1
Highest Forecast
22.08
Target Price
19.89
At this time, Foot Locker's Pretax Profit Margin is quite stable compared to the past year. Operating Profit Margin is expected to rise to 0.11 this year, although the value of Gross Profit will most likely fall to about 1.7 B. At this time, Foot Locker's Cash And Short Term Investments are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 107.2 M this year, although the value of Other Current Liabilities will most likely fall to about 303.8 M.
  
It's important to approach Foot Locker's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Foot Locker price targets

Foot Locker's stock target price is an estimate of its future price, usually made by analysts. Using Foot Locker's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Foot Locker's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Foot Locker's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Foot Locker Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Foot Locker is a key component of Foot Locker valuation and have some predictive power on the future returns of a Foot Locker.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foot Locker's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.9122.5827.25
Details
Intrinsic
Valuation
LowRealHigh
15.7820.4525.12
Details
Naive
Forecast
LowNextHigh
13.2517.9222.58
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.03-0.03-0.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Foot Locker. Your research has to be compared to or analyzed against Foot Locker's peers to derive any actionable benefits. When done correctly, Foot Locker's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Foot Locker.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested over 100 shares
Driverless Cars Idea
Driverless Cars
Invested over 60 shares
When determining whether Foot Locker is a strong investment it is important to analyze Foot Locker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Foot Locker's future performance. For an informed investment choice regarding Foot Stock, refer to the following important reports:
Check out Macroaxis Advice on Foot Locker to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Foot Stock analysis

When running Foot Locker's price analysis, check to measure Foot Locker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foot Locker is operating at the current time. Most of Foot Locker's value examination focuses on studying past and present price action to predict the probability of Foot Locker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foot Locker's price. Additionally, you may evaluate how the addition of Foot Locker to your portfolios can decrease your overall portfolio volatility.
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The data published in Foot Locker's official financial statements usually reflect Foot Locker's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Foot Locker. For example, before you start analyzing numbers published by Foot accountants, it's critical to develop an understanding of what Foot Locker's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Foot Locker's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Foot Locker's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Foot Locker's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Foot Locker. Please utilize our Beneish M Score to check the likelihood of Foot Locker's management manipulating its earnings.