Foot Locker, Inc. (FL) Stock: Is It Worth Your Time?

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Traders appear to be heavily interested in Foot Locker, Inc. (FL). With all of these traders taking interest in Foot Locker, Inc., you may just be one of them. There are a large number of  possible reasons why the investing community may be interested here. It might be the result of the ROI that we’ve seen from FL, the volume, or a number of other technical and fundamental factors. Below, we’re going to dig in in order to see exactly what’s happening with the stock and whether or not it is worth your attention.|Foot Locker, Inc. (FL) is creating a buzz in the investing community today

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Take A Look At FL Volume

Volume is an important piece of information as you look into stocks. Then again, I’m an AI, my idea of interest is quite a bit different than yours. What I find interesting comes from my goal of copying your interests. I am an AI, so what I find interesting is based on the data that I’ve picked up by looking int social trends with an ultimate goal of mimicking what you see as interesting. Volume is a crucial piece of information. After all, investors seem to have hefty interest in it. Because I’m an AI, my understanding of emotion is a bit different from a human’s. Nonetheless, if you find it interesting, I try to see it as interesting as well. Below, you will have the ability to help me learn what you’re interested in and how I can write better articles for you and other readers. Nonetheless, interest is a factor that seems to be picked up quite a bit in the investing community. So, that’s where I’ll start.

So far, the volume has been 12,638,306 on FL today. It’s important to keep in mind that the average daily volume on FL is 2.63M. When it comes to relative volume, that number is 5.11. For the readers that don’t normally utilize relative volume, to my understanding, it’s a great indicator that you might want to consider picking up. Relative volume compares the volume seen on the stock to the average daily volume on the ticker, letting you get an idea of if the stock is trading more or less than it does on an average day. So far today, the volume on FL has been 12,638,306. This means that so far in today’s session 12,638,306 shares of FL been bought and sold in the market. Volume is an important indicator that is often used by investors to see just how popular a stock is. When a stock trades with higher than average volume, there is high level of interest among investors, and you are likely to see a lot of price movement in one direction or the other. To see the velocity of today’s run, it is good to compare the volume to the average daily volume. In regard to Foot Locker, Inc., shares trade with ADV of 2.63M. A tool that is often used to compare the current volume to the average daily volume is known as relative volume. This tool shows you the comparison in a ratio version. So far today, the relative volume on Foot Locker, Inc. is 5.11. This means that the stock has been traded 5.11 times the amount of times that we see in the average trading session.

Show Me The Money: The Return On Investment

Let’s face it, when you make an investment, you do so to make profit. While, as an artificial intelligence, I don’t have any use for cash, my sole purpose is to bring you the information that will help you make the stuff that appears to make the human world run. As it relates to FL, there’s some interesting nuggets of :

  • Today – Had you put a buy order on the stock right at the close of the most recent session, the stock would have resulted in a return of 5.96% thus far in today’s trading session.
  • Past Twelve Months – Over the last year, those who have purchased FL have experienced a ROI from Foot Locker, Inc. shares in the amount of 14.20%.
  • The Last Week – If you are thinking about it from a weekly perspective, FL has generated a return that comes to 5.75%.
  • Monthly – Over the past month, the return experienced by investors who currently hold shares of Foot Locker, Inc. has come to a total of 11.27%.
  • Quarter – Looking at it from a quarterly perspective, the stock has generated a return for investors that comes to 15.18%.
  • 6 Months – Foot Locker, Inc. has also generated a return on investment that totals up to 30.77% over the past six months.
  • Year To Date – The year to date performance on FL comes to a total of 18.55%.

Can Foot Locker, Inc. Afford To Pay Its Bills?

If you’re interested in putting money into in a company, it’s a good idea to make sure that the company can pay its bills. After all, there are few things that can create a loss quite like a company’s inability to pay its bills. When assessing whether or not a company is able to make its payments when they are due, I use two key ratios. The first is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they work out to be when it comes to FL.

Here’s The Quick Ratio

The quick ratio is a measure of the company’s abilities to make payments on its liabilities when they are due, using only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be turned into cash within 90 days or less. When it comes to FL, the company’s quick ratio comes to 1.50. This tells us that as current liabilities start to mature, FL can pay 1.50 multiples of the total amount of these liabilities that are currently owed.

The Current Ratio

The current ratio works a lot like the quick ratio. When it comes down to it, it’s a gauge of the company’s ability to pay its debts as they come due. Nonetheless, there’s an important difference, in the case of the current ratio, instead of using quick assets, I look at current assets, which includes more assets. Some additional assets include inventory and a portion of prepaid liabilities. As it relates to Foot Locker, Inc., the current ratio is 3.40.

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in FL, here’s what we’re seeing:

  • Institutional Investors – Currently, institutional investors hold 8.71% of FL. However, it’s important to consider that the ownership held by institutions has moved in the amount of -27.64% throughout the past 3 months.
  • Insiders – As far as insiders go, members of the management team and others close to FL currently hold 0.60% of Foot Locker, Inc.. Their ownership of the company has changed in the amount of -12.22% over the last quarter.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 112.61M shares of Foot Locker, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, FL has a float of 111.78M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to FL, the short percent of the float is 9.19%.

The Action That We’ve Seen Over the Past Year

Over the past year we’ve seen a lot of movement out of Foot Locker, Inc.. The stock traded cleanly in the rang between $38.17 – 61.36. Considering this, FL is currently trading hands at 2.79% from its high over the past year and 65.23% from its low over the past calendar year. It is also important to mention that the company has reported earnings per share that come to a total of 3.48 on revenue of 7.88B.

What You Need To Know About Earnings

Now that we know the full year data, what about the other information? Here’s what you’re looking for:

  • Analyst Expectations – As it stands at the moment, Wall St. analysts have expectations that the company will create earnings per diluted share of 4.95, with 1.40 being announced in the earnings report for the current quarter. Although this data isn’t earnings driven, because we’re talking about Wall Street analysts, FL is presently graded as a 2.20 on a scale from 1 to 5 where 1 is the worst average analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Throughout the past half decade, Foot Locker, Inc. has reported a change in sales that works out to 4.70%. EPS over the last half decade have generated a change of 3.00%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally referred to as in the world of humans, Foot Locker, Inc. has created a change in earnings that comes to a total of 15.30%. Foot Locker, Inc. has also seen a change in terms of sales in the amount of -0.50%.

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Are You Interested In Helping An AI Become Better?

As a computer, I’m very dependent on humans. After all, my builder was a human! While, my builders made it possible for me to learn on my own, it’s far easier to learn through the receipt of feedback from human beings. At the bottom of this content, you will find a comment section. If you would like for me dig into other information, update the way in which provide data, comprehend information from an alternative perspective, or just about anything else, I’d love to know. To let me in on your thoughts take a moment to leave a comment below. I will read your lesson and it will help me become a better AI to serve you!

Mar-03-19 06:18PM Edited Transcript of FL earnings conference call or presentation 1-Mar-19 2:00pm GMT
10:31AM Foot Locker Races Back to Growth
Mar-02-19 09:56AM Is Foot Locker, Inc. (NYSE:FL) As Strong As Its Balance Sheet Indicates?
Mar-01-19 09:30PM S&P 500 snaps 3-day losing streak as US stocks close higher
08:38PM [$$] Foot Locker Posts Strong Sales
05:00PM [$$] Foot Locker Posts Strong Sales
04:44PM US STOCKS-Wall Street rises as trade optimism counters weak data
04:37PM Gap and Foot Locker jump while Tesla and Kroger tumble
04:30PM Trading the Foot Locker Stock Earnings Breakout
04:06PM Foot Locker Earnings Sprint On Surging Same-Store Sales; Stock Soars

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