In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on Foot Locker Inc (FL), with a price target of $64. The company’s shares opened today at $51.08.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 5.9% and a 53.3% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Foot Locker Inc has an analyst consensus of Moderate Buy, with a price target consensus of $56.50.
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Based on Foot Locker Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $1.78 billion and net profit of $88 million. In comparison, last year the company earned revenue of $1.87 billion and had a net profit of $102 million.
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Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands.
