Foot Locker (FL) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Foot Locker (NYSE: FL) recently:

• 5/30/2025 – Foot Locker had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $24.00 price target on the stock.
• 5/29/2025 – Foot Locker was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating.
• 5/29/2025 – Foot Locker was given a new $24.00 price target on by analysts at Robert W. Baird.
• 5/29/2025 – Foot Locker was given a new $24.00 price target on by analysts at Needham & Company LLC.
• 5/29/2025 – Foot Locker had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 5/16/2025 – Foot Locker had its price target raised by analysts at Citigroup Inc. from $20.00 to $24.00. They now have a “neutral” rating on the stock.
• 5/16/2025 – Foot Locker had its price target raised by analysts at Robert W. Baird from $14.00 to $24.00. They now have a “neutral” rating on the stock.
• 5/16/2025 – Foot Locker had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $24.00 price target on the stock, up previously from $14.00.
• 5/15/2025 – Foot Locker was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating. They now have a $24.00 price target on the stock, up previously from $16.00.
• 5/15/2025 – Foot Locker had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $20.00 price target on the stock.
• 5/15/2025 – Foot Locker was downgraded by analysts at Gordon Haskett from a “moderate buy” rating to a “hold” rating.
• 5/15/2025 – Foot Locker had its “hold” rating reaffirmed by analysts at Needham & Company LLC. They now have a $24.00 price target on the stock.
• 5/12/2025 – Foot Locker had its price target lowered by analysts at Barclays PLC from $24.00 to $14.00. They now have an “overweight” rating on the stock.
• 5/6/2025 – Foot Locker was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “mixed” rating.
• 5/6/2025 – Foot Locker had its price target lowered by analysts at Morgan Stanley from $16.00 to $14.00. They now have an “underweight” rating on the stock.
• 4/22/2025 – Foot Locker had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $19.00 to $17.00. They now have a “sell” rating on the stock.
• 4/14/2025 – Foot Locker had its price target lowered by analysts at JPMorgan Chase & Co. from $19.00 to $16.00. They now have an “underweight” rating on the stock.
• 4/11/2025 – Foot Locker was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 4/11/2025 – Foot Locker had its price target lowered by analysts at Evercore ISI from $22.00 to $15.00. They now have an “outperform” rating on the stock.
• 4/11/2025 – Foot Locker had its price target lowered by analysts at Piper Sandler from $19.00 to $12.00. They now have a “neutral” rating on the stock.

Foot Locker Price Performance

FL stock opened at $24.06 on Tuesday. The stock has a 50-day moving average price of $16.40 and a two-hundred day moving average price of $18.59. Foot Locker, Inc. has a 12-month low of $11.00 and a 12-month high of $33.94. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.29 billion, a PE ratio of -5.33, a price-to-earnings-growth ratio of 0.53 and a beta of 1.74.

Foot Locker (NYSE:FL) last posted its quarterly earnings results on Thursday, May 29th. The athletic footwear retailer reported ($0.07) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.07). Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the previous year, the business earned $0.22 earnings per share. The firm’s quarterly revenue was down 4.6% compared to the same quarter last year. As a group, research analysts predict that Foot Locker, Inc. will post 1.23 EPS for the current year.

Institutional Investors Weigh In On Foot Locker

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Foot Locker by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 10,505,006 shares of the athletic footwear retailer’s stock worth $228,589,000 after acquiring an additional 210,832 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Foot Locker by 88.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,323,597 shares of the athletic footwear retailer’s stock worth $115,365,000 after acquiring an additional 2,500,396 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Foot Locker by 4.5% in the first quarter. Goldman Sachs Group Inc. now owns 3,174,832 shares of the athletic footwear retailer’s stock worth $44,765,000 after acquiring an additional 136,836 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Foot Locker by 20.2% in the first quarter. Jacobs Levy Equity Management Inc. now owns 2,290,707 shares of the athletic footwear retailer’s stock worth $32,299,000 after acquiring an additional 384,301 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Foot Locker by 17.0% in the first quarter. American Century Companies Inc. now owns 1,940,528 shares of the athletic footwear retailer’s stock worth $27,361,000 after acquiring an additional 281,322 shares in the last quarter.

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.