Foot Locker

FL-N

Analysis and Opinions about FL-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 27, 2020
Doesn't see momentum or upside, but capped around $50. Maybe as a trader, $40 is interesting.
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Foot Locker (FL-N)
January 27, 2020
Doesn't see momentum or upside, but capped around $50. Maybe as a trader, $40 is interesting.
PAST TOP PICK
PAST TOP PICK
June 5, 2017

(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.

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Foot Locker (FL-N)
June 5, 2017

(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.

BUY
BUY
May 19, 2017

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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Foot Locker (FL-N)
May 19, 2017

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.

TOP PICK
TOP PICK
October 3, 2016

*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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Foot Locker (FL-N)
October 3, 2016

*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%.

SHORT
SHORT
June 28, 2016

This is 75% Nike distribution, but Nike has an online platform now where you can order customized running shoes online. This is a terrific Short here, and thinks it is going substantially lower.

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Foot Locker (FL-N)
June 28, 2016

This is 75% Nike distribution, but Nike has an online platform now where you can order customized running shoes online. This is a terrific Short here, and thinks it is going substantially lower.

PAST TOP PICK
PAST TOP PICK
July 11, 2014

(A Top Pick June 26/13. Up 50.71%.) Sold his holdings when it hit his target. They have been able to remodel their stores to achieve better economics. Expanded in Europe through an acquisition. Thinks there is still upside on this. He would be looking to enter again on a pullback.

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Foot Locker (FL-N)
July 11, 2014

(A Top Pick June 26/13. Up 50.71%.) Sold his holdings when it hit his target. They have been able to remodel their stores to achieve better economics. Expanded in Europe through an acquisition. Thinks there is still upside on this. He would be looking to enter again on a pullback.

BUY
BUY
November 1, 2013

Would Christmas be the catalyst to move the share price up? Had a disappointing quarter and the stock traded down to a level where he aggressively added more. Likes the athletic trends and their exposure to it. This area will continue to grow and improve with new exciting products. Mainly exposed to running and basketball, which are 2 trends that have been driving the growth of the shoe market. Well managed company that focuses not just on store growth, but on fixing up stores that don’t work and the return of capital. Generating 12%-15% returns on all the stores they are fixing. Expecting a reacceleration of earnings going forward. Trades at 12-13 times earnings. $1 billion of cash on the balance sheet and doesn’t know what to do with it.

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Foot Locker (FL-N)
November 1, 2013

Would Christmas be the catalyst to move the share price up? Had a disappointing quarter and the stock traded down to a level where he aggressively added more. Likes the athletic trends and their exposure to it. This area will continue to grow and improve with new exciting products. Mainly exposed to running and basketball, which are 2 trends that have been driving the growth of the shoe market. Well managed company that focuses not just on store growth, but on fixing up stores that don’t work and the return of capital. Generating 12%-15% returns on all the stores they are fixing. Expecting a reacceleration of earnings going forward. Trades at 12-13 times earnings. $1 billion of cash on the balance sheet and doesn’t know what to do with it.

TOP PICK
TOP PICK
June 26, 2013

Extremely cheap trading at less than 12X earnings. This is a $6 billion company with $1 billion of cash on hand. There are 2 things that could happen. They could actively start using the cash themselves to buy back stock and increase dividends and if they don’t do it, somebody else could come along and help them do it. Continues to look positive in the athletic product cycle of basketball and running. Yield of 2.33%. Target price of $37-$40.

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Foot Locker (FL-N)
June 26, 2013

Extremely cheap trading at less than 12X earnings. This is a $6 billion company with $1 billion of cash on hand. There are 2 things that could happen. They could actively start using the cash themselves to buy back stock and increase dividends and if they don’t do it, somebody else could come along and help them do it. Continues to look positive in the athletic product cycle of basketball and running. Yield of 2.33%. Target price of $37-$40.

TOP PICK
TOP PICK
May 31, 2012
Look at recent quarter and had a 36% eps increase with a half decent dividend, more than $5 in cash per share. They raised guidance. These retailers out perform in years of the Olympics, so it is a very cheap stock.
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Foot Locker (FL-N)
May 31, 2012
Look at recent quarter and had a 36% eps increase with a half decent dividend, more than $5 in cash per share. They raised guidance. These retailers out perform in years of the Olympics, so it is a very cheap stock.
BUY
Foot Locker (FL-N)
January 31, 2008
Very cheap.
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Foot Locker(FL-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

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, 1 stock analyst published opinions about FL-N. 0 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Hap (Robert) Sneddon FCSI on 2020-01-27. 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 2020-04-09, Foot Locker (FL-N) stock closed at a price of $23.965.