(FL) Foot Locker - Ratings and Ratios

Foot Locker Inc (NYSE:FL) is a global athletic footwear and apparel retailer operating across multiple regions, including North America, Europe, and Asia Pacific. The companys diverse brand portfolio includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos, catering to a wide range of customers through physical stores, e-commerce sites, and mobile apps. With a rich history dating back to 1879, Foot Locker has established itself as a prominent player in the athletic retail industry, with its headquarters located in New York, New York.

From a business perspective, Foot Lockers brand diversification strategy allows it to target different customer segments, from kids to adults, and from athletic enthusiasts to fashion-conscious consumers. The companys e-commerce capabilities and digital presence, particularly through its atmos brand, enable it to stay competitive in a rapidly evolving retail landscape. With a strong brand portfolio and a significant global footprint, Foot Locker is well-positioned to capitalize on the growing demand for athletic footwear and apparel.

Analyzing the , we observe that the stock has been trending upwards, with its current price of $24.11 exceeding its 20-day SMA of $23.94. The 50-day SMA of $17.35 and 200-day SMA of $20.73 indicate a longer-term uptrend. The ATR of 0.71, representing a 2.95% daily volatility, suggests moderate price movements. Given the current price action and technical indicators, we can forecast a potential short-term target of $26.50, based on the stocks 52-week high of $32.96 and its current support levels.

From a fundamental perspective, Foot Lockers market capitalization of $2.29 billion and forward P/E ratio of 22.88 indicate a relatively stable financial position. The companys return on equity (RoE) of 0.42 suggests room for improvement in terms of profitability. By combining the and , we can forecast that Foot Lockers stock price may reach $30.00 by the end of the year, driven by its improving profitability, expanding e-commerce presence, and a favorable industry trend. This forecast is contingent upon the companys ability to maintain its brand momentum, drive sales growth, and effectively manage its costs.