Seaport Res Ptn Has Weak Outlook for Foot Locker Q3 Earnings

Foot Locker, Inc. (NYSE:FL) – Investment analysts at Seaport Res Ptn cut their Q3 2025 earnings per share (EPS) estimates for Foot Locker in a research note issued on Monday, November 25th. Seaport Res Ptn analyst M. Kummetz now expects that the athletic footwear retailer will earn $0.37 per share for the quarter, down from their previous forecast of $0.40. The consensus estimate for Foot Locker’s current full-year earnings is $1.49 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2025 earnings at $1.50 EPS, FY2026 earnings at $2.11 EPS and FY2027 earnings at $2.52 EPS.

Several other analysts have also weighed in on the company. Barclays upgraded Foot Locker from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $27.00 to $34.00 in a report on Thursday, August 29th. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and upped their target price for the company from $17.00 to $21.00 in a report on Wednesday. StockNews.com downgraded Foot Locker from a “hold” rating to a “sell” rating in a report on Friday, September 20th. Citigroup upped their target price on Foot Locker from $27.00 to $33.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Finally, Robert W. Baird reduced their target price on Foot Locker from $35.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, September 25th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Foot Locker has a consensus rating of “Hold” and a consensus target price of $26.56.

Foot Locker Trading Up 3.4 %

Shares of Foot Locker stock opened at $25.31 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 1.66 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -6.59, a price-to-earnings-growth ratio of 0.72 and a beta of 1.44. The business has a fifty day simple moving average of $24.45 and a 200-day simple moving average of $25.77. Foot Locker has a fifty-two week low of $20.47 and a fifty-two week high of $35.60.

Foot Locker (NYSE:FL) last announced its quarterly earnings data on Wednesday, August 28th. The athletic footwear retailer reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.03. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.88 billion. Foot Locker had a positive return on equity of 2.73% and a negative net margin of 4.48%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Quarry LP acquired a new position in Foot Locker in the 2nd quarter worth about $31,000. Fifth Third Bancorp increased its position in Foot Locker by 116.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer’s stock worth $34,000 after purchasing an additional 733 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Foot Locker by 156.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock worth $40,000 after purchasing an additional 985 shares during the last quarter. Headlands Technologies LLC acquired a new position in Foot Locker in the 2nd quarter worth about $43,000. Finally, nVerses Capital LLC acquired a new position in shares of Foot Locker during the 3rd quarter valued at about $47,000.

About Foot Locker

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.