Seaport Res Ptn Estimates Foot Locker Q1 Earnings

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Seaport Res Ptn issued their Q1 2026 earnings per share estimates for Foot Locker in a report released on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz forecasts that the athletic footwear retailer will post earnings per share of ($0.04) for the quarter. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share.

A number of other analysts have also commented on the company. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and lifted their price target for the company from $17.00 to $21.00 in a research note on Wednesday, November 27th. Telsey Advisory Group reissued a “market perform” rating and set a $24.00 price target on shares of Foot Locker in a research note on Wednesday, March 5th. Barclays cut their price target on Foot Locker from $34.00 to $29.00 and set an “overweight” rating on the stock in a research note on Friday, December 6th. Jefferies Financial Group cut their price target on Foot Locker from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, March 5th. Finally, Evercore ISI cut their price objective on Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $23.13.

Foot Locker Stock Performance

Shares of FL stock opened at $18.70 on Monday. The business’s 50-day moving average price is $19.72 and its 200-day moving average price is $23.07. Foot Locker has a 12 month low of $16.92 and a 12 month high of $33.94. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of -4.15, a PEG ratio of 0.53 and a beta of 1.55. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15.

Foot Locker (NYSE:FL) last announced its quarterly earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.13. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the firm posted $0.38 earnings per share. The business’s revenue for the quarter was down 5.7% on a year-over-year basis.

Institutional Investors Weigh In On Foot Locker

A number of hedge funds have recently added to or reduced their stakes in FL. Summit Investment Advisors Inc. grew its holdings in Foot Locker by 6.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 8,728 shares of the athletic footwear retailer’s stock worth $190,000 after buying an additional 562 shares in the last quarter. Harbour Investments Inc. grew its holdings in Foot Locker by 81.6% during the fourth quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock worth $31,000 after buying an additional 648 shares in the last quarter. Chartwell Investment Partners LLC grew its holdings in Foot Locker by 2.4% during the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock worth $870,000 after buying an additional 782 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. grew its holdings in Foot Locker by 32.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer’s stock worth $84,000 after buying an additional 801 shares in the last quarter. Finally, Foundry Partners LLC grew its holdings in Foot Locker by 8.8% during the fourth quarter. Foundry Partners LLC now owns 12,784 shares of the athletic footwear retailer’s stock worth $278,000 after buying an additional 1,031 shares in the last quarter.

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.