Foot Locker

FL-N

Analysis and Opinions about FL-N

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
April 6, 2021
(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.
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Foot Locker (FL-N)
April 6, 2021
(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.
COMMENT
COMMENT
March 3, 2021
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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Foot Locker (FL-N)
March 3, 2021
They just reported a terrible quarter, but rallied 2.5% today because money managers are rotating hard into reopening stocks like this.
Jim Cramer - Mad Money
Price
$51.340
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 7, 2021
(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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Foot Locker (FL-N)
January 7, 2021
(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.
COMMENT
COMMENT
November 13, 2020

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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Foot Locker (FL-N)
November 13, 2020

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.

Jim Cramer - Mad Money
Price
$37.240
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 3, 2020
(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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Foot Locker (FL-N)
November 3, 2020
(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.
PAST TOP PICK
PAST TOP PICK
September 15, 2020

(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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Foot Locker (FL-N)
September 15, 2020

(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.

TOP PICK
TOP PICK
August 25, 2020
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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Foot Locker (FL-N)
August 25, 2020
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)
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.

Jim McGovern
Price
$57.600
Owned
No
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.

David Driscoll
Price
$58.720
Owned
Unknown
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%.

Jim McGovern
Price
$67.520
Owned
Yes
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.

Jim McGovern
Price
$52.180
Owned
Yes
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.

Brian Huen
Price
$49.980
Owned
No
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.

Brian Huen
Price
$34.990
Owned
Yes
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.

Brian Huen
Price
$33.900
Owned
Yes
Showing 1 to 15 of 17 entries

Foot Locker(FL-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about FL-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. 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 Stockchase Research on 2021-04-06. 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 2021-04-23, Foot Locker (FL-N) stock closed at a price of $58.34.