Foot Locker Stock Surges 8.44% on April 28 Amid Bullish Analyst Predictions

Shares of Foot Locker Inc (FL) surged 8.44% on Apr 28, reaching an intraday high of $12.96. The average target price for FL is $17.94, indicating a potential upside of 41.07% from the current price of $12.72. The estimated GF Value for FL in one year is $25.84, suggesting a 103.14% upside from the current price.

Shares of Foot Locker Inc (NYSE:FL) surged 8.44% on Apr 28, reaching an intraday high of $12.96. This significant increase comes after the company's stock traded at a discount, down 189.34% from its 52-week high of $33.94. The average target price for FL is $17.94, indicating a potential upside of 41.07% from the current price of $12.72. Analysts expect the stock to reach a GF Value of $25.84 in one year, suggesting a 103.14% upside from the current price [1].

The company's EPS for the current quarter is expected to be -0.02, and analysts project the company's revenue for the current quarter to hit an average of $1.86B, with a forecasted growth of -1.17% [1]. The consensus price target for the stock is $20.5, with a forecast low of $19 and a target high of $28 [1]. Foot Locker Inc's year-over-year growth is forecast to reach -0.34%, and the outlook for the next 5-year period is at 12.25% per year [1].

Institutional investors hold a significant portion of FL's shares, with BLACKROCK INC. being the top institutional holder, owning 14.0687% of the shares [1]. The company's insiders hold 0.60% of the shares, while the share float percentage stands at 105.22% [1]. The average dividend yield over the past 5 years was 3.85 per year [1].

The company's short interest cover period is 2.56 days, with 12.82 million shares sold short [1]. The 10-day average trading volume is 4.03 million shares, with a 3-month average of 4.31 million [1]. Analysts gave the stock a consensus recommendation rating of Hold, with 4 analysts rating it as a Sell, 8 as a Hold, 5 as a Buy, and 0 as an Underweight [1].

Foot Locker Inc is expected to release its next quarterly earnings report on Mar 4, 2025. The company's shares have shown year-to-date downside of -46.09%, with a 5-day performance of -1.43% in the red [1]. However, in the 30-day time frame, FL is -23.38% down [1].

References:
[1] https://marketingsentinel.com/2025/04/28/foot-locker-inc-nyse-fls-potential-for-significant-price-increase-in-the-near-future/