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Showing 1 to 15 of 21 entries

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TOP PICK
Stockchase Research Editor: Michael O'Reilly We are again recommending FL as a TOP PICK. It has shown a support base technically and it trades at good value here. Recent earnings of $1.96 per share blew away expectations of $1.09. Online sales have grown over 40% and the company is managing inventory despite pandemic logistical challenges. It trades at 9x earnings compared to peers at 41x and continues to build cash reserves. It pays a dividend backed by a payout ratio under 30% of cash flow. We would buy with a stop loss at $47.50, looking to achieve $70 -- upside over 23%. Yield 1.46% (Analysts’ price target is $70.05)
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 92.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL has triggered its stop at $57. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50% of the position, this results in a net investment return over 55%.
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 106%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing well. We recommend trailing up the stop (from $52) to $57. This would all but guarantee a minimum return on investment of 55%, including the previous recommendation to cover 50% of the position.
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DON'T BUY

They report Friday. It's Nike without the China worries, but FL has already rallied.

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PAST TOP PICK
(A Top Pick Aug 25/20, Up 89%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing well. We recommend trailing up the stop (from $38) to $52. This would all but guarantee a minimum return on investment of 46%, including the previous recommendation to cover 50% of the position.
clothing stores
COMMENT
They just reported a terrible quarter, but rallied 2.5% today because money managers are rotating hard into reopening stocks like this.
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PAST TOP PICK
(A Top Pick Aug 25/20, Up 46.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FL is progressing nicely. We are recommending trailing the stop up to $38, which should but all guarantee a minimum return of 23%, including covering 50% of the position last September.
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COMMENT

It reports Friday. Peers Nike and Under Armour are moving a lot of product, after all. Maybe. However, he prefers Nike for its direct-to-consumer.

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PAST TOP PICK
(A Top Pick Aug 25/20, Up 28.1%)Stockchase Research Editor: Michael O'Reilly We are recommending raising the stop-loss on FL to $30 (previously at $26.50). We continue to target $44 on the upside as the next objective.
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PAST TOP PICK

(A Top Pick Aug 25/20, Up 18%)Stockchase Research Editor: Michael O'Reilly We set $35 as an upper objective for FL as a Top Pick and we have achieved that target. Goldman Sachs just initiated coverage on the company and set a $38 target so we will let our winner run. However, we are suggesting taking 50% of the position off the table. We also recommend trailing up to stop-loss to $26.50. Based on a measured technical move, we would now target $44 as our next upper objective.

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TOP PICK
Stockchase Research Editor: Michael O'Reilly You might not expect a brick and mortar company like FL to be thriving during the pandemic, but we think it is poised for a sizable push higher. Recently released Q2 EPS were up over 7% from a year ago (EPS was $0.71 versus expecations of $0.57). Revenues increased 17%. The company was cautious early on during the pandemic and reduced the dividend, but we think there is good chance it will be increased before year end. We would buy this using $26 as a stop-loss and upper target of $35. Yield 2% (Analysts’ price target is $33.64)
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DON'T BUY
Doesn't see momentum or upside, but capped around $50. Maybe as a trader, $40 is interesting.
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PAST TOP PICK

(A Top Pick Oct 3/16. Up 14%.) *Short* At the end of the day, all retailers are going to suffer the same fate from the Amazon (AMZN-Q) affect. A cheap stock, but a bit of a value trap. He covered his Short on the earnings disappointment, but would look to re-Short if it bounced materially from here.

clothing stores
BUY

This has free cash flow growth. Against their competition, they have actually been doing quite well. You’re getting a 10-year growth rate and CapX at 50%, cash from operations of 110%, and dividend growth of 184% over the last 10 years. The free cash flow has grown at about a 3rd over that time frame. A brick-and-mortar company that knows what they are doing.

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TOP PICK

*SHORT* The challenge is that their biggest customer is Nike (NKE-N), about 70% of their business. Nike is making a very strong push direct to the consumer, a lot of it through the e-commerce program. Footlocker has got their #1 customer reducing their emphasis on mall and store sales. Their competitive response is that they’ll either have to find other suppliers, which costs money, or develop their own the e-commerce business. For them to make the necessary investments in either case, their cost of sales is far too low. This Short is for the next 2-3 years. Dividend yield of 1.63%.

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Showing 1 to 15 of 21 entries

Foot Locker(FL-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

Stockchase rating for Foot Locker is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Foot Locker(FL-N) Frequently Asked Questions

What is Foot Locker stock symbol?

Foot Locker is a American stock, trading under the symbol FL-N on the New York Stock Exchange (FL). It is usually referred to as NYSE:FL or FL-N

Is Foot Locker a buy or a sell?

In the last year, 7 stock analysts published opinions about FL-N. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Foot Locker.

Is Foot Locker a good investment or a top pick?

Foot Locker was recommended as a Top Pick by on . Read the latest stock experts ratings for Foot Locker.

Why is Foot Locker stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Foot Locker worth watching?

In the last year, there was no coverage of Foot Locker published on Stockchase.

What is Foot Locker stock price?

On 2021-09-24, Foot Locker (FL-N) stock closed at a price of $48.23.