While the stock price moved along with the volume change, shares are touching $59.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. (NYSE:FL) to announce $1.38 in earnings per share (EPS) tomorrow. The market capitalization of the company is at $9.36 Billion.
On the close of 05/17/2017 Foot Locker, Inc.
The stock's 50 day moving average is 74.49 and its 200 day moving average is 72.82. Weighing on the athletic apparel and accessories company's stock, Foot Locker shares plunged 16% after the retailer's fiscal first-quarter results missed profit, revenue and same-store sales expectations. Moreover, Hoplite Capital Management L.P. has 3.75% invested in the company for 1.03 million shares. Foot Locker had a net margin of 8.26% and a return on equity of 24.22%. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $2.02 billion. (CPB) reported earnings for third quarter that lost ground compared to the same period past year. Zacks Investment Research's sales averages are a mean average based on a survey of analysts that cover Foot Locker. Investors of record on Friday, July 14th will be paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, April 11th.
Still, Harrison believes demand across sporting goods will grow over the rest of the year, and Foot Locker, he said, can capitalize.
Foot Locker, on the other hand, is suffering from the same industry headwinds as we've seen from plenty of other retailers on the tail end of this earnings season. Insiders sold a total of 35,000 shares of company stock valued at $2,686,090 in the last 90 days. If you are viewing this story on another site, it was illegally stolen and reposted in violation of worldwide copyright and trademark legislation.
The stock rebounded briefly earlier in the year on optimism around strong April sales data. World Asset Management Inc boosted its position in Foot Locker by 1.6% in the third quarter. Foot Locker's revenue for the quarter was up 5.3% compared to the same quarter previous year.Читайте также: 5 people hospitalized after eating gas station nacho cheese
NEW YORK, NY, May 19, 2017 - Foot Locker, Inc. Aviance Capital Partners LLC now owns 15,688 shares of the textile maker's stock worth $1,062,000 after buying an additional 46 shares during the period. Excluding the effect of foreign currency fluctuations, total sales for the first quarter increased 1.8 percent. State Street Corp now owns 6,061,366 shares of the textile maker's stock valued at $429,684,000 after buying an additional 326,005 shares during the period. Same-store sales rose 0.5%, below consensus views.
Johnson also said the company didn't "have sufficient quantities of some of the hot running products that adult customers have been snapping up", and the basketball business is soft, "which has been a relatively important component of kids sales in recent years".
Several research analysts have recently weighed in on the company. Wells Fargo initiated the shares of FL in report on Thursday, November 19 with "Outperform" rating.
04/20/2017 - Foot Locker, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. The firm has "Buy" rating given on Thursday, April 20 by Buckingham Research. (NYSE:FL), 17 have Buy rating, 1 Sell and 5 Hold.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $82.95 on the stock, this valuation is based on 21 number of opinions with standard deviation of 4.76.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог