Published: Fri, May 19, 2017
Money | By Armando Alvarado

Foot Locker (FL) Shares Cross Below 200 DMA

Foot Locker (FL) Shares Cross Below 200 DMA

Foot Locker Inc. said Friday it had net income of $180 million, or $1.36 a share, in the first quarter, down from $191 million, or 1.39 a share, in the year-earlier period. In contrast to the year ago quarter EPS was at 1.22. This is assuming the current $1.38 EPS is accurate.

NEW YORK, NY, May 19, 2017 - Foot Locker, Inc. Administrative expense rate increased 30 basis points to 18.5% of sales. It has by 0.00% the S&P500.

"Foot Locker has kicked off its fiscal year with a somber set of numbers", GlobalData retail analyst Carter Harrison wrote in an email. Five research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. Therefore 74% are positive.

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WARNING: "Insider Selling: Foot Locker, Inc". Following the sale, the chief financial officer now directly owns 144,597 shares in the company, valued at approximately $11,207,713.47. Foot Locker Inc. had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Mixed" rating by OTR GLobal on Friday, August 12. The stock has "Buy" rating by Citigroup on Monday, August 22. UBS maintained it with "Buy" rating and $77 target in Wednesday, July 22 report. On Friday, August 12 the stock rating was initiated by Susquehanna with "Positive". Jefferies maintained it with "Buy" rating and $88 target in Monday, April 24 report. The firm has "Buy" rating given on Thursday, September 17 by Deutsche Bank. Foot Locker's dividend payout ratio (DPR) is 23.71%. The rating was downgraded by JMP Securities to "Mkt Perform" on Thursday, February 9. The stock of Foot Locker, Inc. The firm earned "Neutral" rating on Friday, February 5 by Credit Suisse.

Investors sentiment increased to 1.09 in 2016 Q4. It improved, as 45 investors sold Foot Locker, Inc. shares while 189 reduced holdings. 35 funds opened positions while 62 raised stakes. The funds in our partner's database now have: 117.40 million shares, down from 120.17 million shares in 2016Q3. The stock of Foot Locker, Inc. Any way you dice it, a dip below $69.22/share would be very bad news for FL's technical picture in the near-term. Central Bancshares accumulated 83 shares. Blackrock Grp Ltd accumulated 0% or 92,751 shares. Guggenheim Lc has 376,833 shares. Creative Planning invested in 0% or 6,516 shares. (NYSE:FL) traded down 2.38% during trading on Monday, hitting $73.10. Cipher Cap Lp holds 0.02% in Foot Locker, Inc. (NYSE:FL) or 2,000 shares. During the same quarter in the prior year, the company posted $1.16 earnings per share. Horizon Investment Services Llc, a Indiana-based fund reported 77,814 shares.#img1#. Impala Asset Mngmt Ltd Com stated it has 2.03% in Foot Locker, Inc. "(FL)" was first posted by Markets Daily and is the property of of Markets Daily. The firm owned 20,270 shares of the textile maker's stock after buying an additional 2,029 shares during the period. (NYSE:FL) on Tuesday, November 29. PETERS LAUREN B also sold $1.94M worth of Foot Locker, Inc. (NYSE:FL) on Wednesday, March 8. Federated Invsts Incorporated Pa holds 0.07% in Foot Locker, Inc. (NYSE:FL) shares were sold by GILBERT JAROBIN JR.

On 12/5/2016 Paulette Alviti, SVP, sold 10,000 with an average share price of $75.32 per share and the total transaction amounting to $753,200.00. The Company operates through two segments: Athletic Stores and Direct-to-Customers. It has a 14.42 P/E ratio. In addition, 62 franchised Foot Locker stores were operating in the Middle East and South Korea, as well as 15 franchised Runners Point stores in Germany. Lowers Position in Foot Locker, Inc. (NYSE:FL) news were published by: which released: "Foot Locker, Inc". Shares were not yet active premarket, but are down 0.6% in 2017, while the S&P 500 has gained 5%.

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