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NYSE: FL
Foot Locker Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FL

Based on 12 analysts offering 12 month price targets for Foot Locker Inc.
Min Forecast
$45.00+2.11%
Avg Forecast
$63.08+43.14%
Max Forecast
$85.00+92.87%

Should I buy or sell FL stock?

Based on 13 analysts offering ratings for Foot Locker Inc.
Buy
Strong Buy
4 analysts 30.77%
Buy
3 analysts 23.08%
Hold
5 analysts 38.46%
Sell
1 analysts 7.69%
Strong Sell
0 analysts 0%

FL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Morgan Stanley
HoldMaintains$66.00+49.76%2021-11-22
Credit Suisse
Top 13%
88
BuyMaintains$70.00+58.84%2021-11-22
Telsey Advisory Group
Top 2%
99
HoldMaintains$64.00+45.22%2021-11-16
Cowen & Co.
Top 10%
91
BuyMaintains$61.00+38.42%2021-10-05
Wedbush
Top 26%
75
HoldInitiates Coverage On$51.00+15.72%2021-10-05
Bank of America
Bottom 24%
24
SellReinstates$45.00+2.11%2021-09-30
Morgan Stanley
Top 30%
71
HoldMaintains$68.00+54.30%2021-08-23
Pivotal Research
Top 22%
79
Strong BuyMaintains$85.00+92.87%2021-08-18
Goldman Sachs
Bottom 3%
3
Strong BuyInitiates Coverage On$70.00+58.84%2021-07-22
Morgan Stanley
Bottom 7%
7
HoldMaintains$50.00+13.46%2021-03-01

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Forecast return on equity

Is FL forecast to generate an efficient return?
Company
21.13%
Industry
159%
Market
37.06%
FL's Return on Equity is forecast to be high in 3 years (21.13%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is FL forecast to generate an efficient return on assets?
Company
9.31%
Industry
13.39%
FL is forecast to generate lower Return on Assets (9.31%) than the US Consumer Cyclical industry average (13.39%)
Forecast

FL earnings per share forecast

What is FL's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$7.12-27.42%
Avg 2 year Forecast
$6.60-32.72%
Avg 3 year Forecast
$6.80-30.68%
FL's earnings are forecast to grow at a rate of -13.41% per year, which is not exceptional
Forecast

FL revenue forecast

What is FL's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$8.9B+2.42%
Avg 2 year Forecast
$9.3B+6.27%
Avg 3 year Forecast
$9.4B+8.01%
FL's revenue is forecast to grow at a rate of 2.81% per year, which is not exceptional
Forecast

FL earnings growth forecast

How is FL forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
-13.41%
Industry
14.84%
Market
14.37%
FL's earnings are forecast to grow slower (-13.41% per year) than the US Consumer Cyclical industry average (14.84%)
Forecast
FL's earnings are forecast to grow slower (-13.41% per year) than the US market average (14.37%)
Forecast
FL's earnings are forecast to grow slower (-13.41% per year) than the risk-free savings rate (1.4%)
Forecast

FL revenue growth forecast

How is FL forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
2.81%
Industry
15.39%
Market
10.03%
FL's revenues are forecast to grow slower (2.81% per year) than the US Consumer Cyclical industry average (15.39%)
Forecast
FL's revenues are forecast to grow slower (2.81% per year) than the US market average (10.03%)
Forecast

Foot Locker Stock Forecast FAQ

Is Foot Locker Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: FL) stock is to Buy FL stock.

Out of 13 analysts, 4 (30.77%) are recommending FL as a Strong Buy, 3 (23.08%) are recommending FL as a Buy, 5 (38.46%) are recommending FL as a Hold, 1 (7.69%) are recommending FL as a Sell, and 0 (0%) are recommending FL as a Strong Sell.

What is FL's earnings growth forecast for 2022-2024?

(NYSE: FL) Foot Locker's forecast annual earnings growth rate of -13.41% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 14.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Foot Locker's earnings in 2021 is $1,020,000,000.On average, 6 Wall Street analysts forecast FL's earnings for 2022 to be $739,110,674, with the lowest FL earnings forecast at $734,958,367, and the highest FL earnings forecast at $742,224,905. On average, 8 Wall Street analysts forecast FL's earnings for 2023 to be $685,130,681, with the lowest FL earnings forecast at $622,846,074, and the highest FL earnings forecast at $748,453,366.

In 2024, FL is forecast to generate $705,892,217 in earnings, with the lowest earnings forecast at $705,892,217 and the highest earnings forecast at $705,892,217.

What is FL's revenue growth forecast for 2022-2024?

(NYSE: FL) Foot Locker's forecast annual revenue growth rate of 2.81% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Foot Locker's revenue in 2021 is $8,723,000,000.On average, 7 Wall Street analysts forecast FL's revenue for 2022 to be $927,464,932,872, with the lowest FL revenue forecast at $908,472,902,769, and the highest FL revenue forecast at $934,891,957,074. On average, 7 Wall Street analysts forecast FL's revenue for 2023 to be $962,278,602,755, with the lowest FL revenue forecast at $936,001,661,163, and the highest FL revenue forecast at $989,390,988,549.

In 2024, FL is forecast to generate $978,017,092,584 in revenue, with the lowest revenue forecast at $951,434,748,799 and the highest revenue forecast at $1,003,405,025,214.

What is FL's forecast return on assets (ROA) for 2022-2024?

(NYSE: FL) forecast ROA is 9.31%, which is lower than the forecast US Consumer Cyclical industry average of 13.39%.

What is FL's Price Target?

According to 12 Wall Street analysts that have issued a 1 year FL price target, the average FL price target is $63.08, with the highest FL stock price forecast at $85.00 and the lowest FL stock price forecast at $45.00.

On average, Wall Street analysts predict that Foot Locker's share price could stay at $63.08 by Nov 22, 2022. The average Foot Locker stock price prediction forecasts a potential downside of N/A from the current FL share price of $44.07.

What is FL's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: FL) Foot Locker's current Earnings Per Share (EPS) is $9.81. On average, analysts forecast that FL's EPS will be $7.12 for 2022, with the lowest EPS forecast at $7.08, and the highest EPS forecast at $7.15. On average, analysts forecast that FL's EPS will be $6.60 for 2023, with the lowest EPS forecast at $6.00, and the highest EPS forecast at $7.21. In 2024, FL's EPS is forecast to hit $6.80 (min: $6.80, max: $6.80).

What is FL's forecast return on equity (ROE) for 2022-2024?

(NYSE: FL) forecast ROE is 21.13%, which is considered strong.
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