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Is this Large Market Cap Stock target price reasonable for Foot Locker, Inc. (NYSE:FL)?

The company in question is, Foot Locker, Inc. (NYSE:FL) currently with a stock price of 68.93 (0.64% today). The market cap for Foot Locker, Inc. is 9205.06, and is in the sector Consumer Goods, and Textile – Apparel Footwear & Accessories industry. The target price for Foot Locker, Inc. is 75.5. Currently Foot Locker, Inc. is trading with a P/E of 16.98, and a forward P/E of 13.08. Average volume for Foot Locker, Inc. is 1884.58 and so far today it is 506364.

Performance in the last year for Foot Locker, Inc. has been 1.70%. For EPS growth, Foot Locker, Inc. has seen a growth of 7.90%, and is looking to grow in the next year to 10.09%. More long term stats show that EPS growth has been 28.90% over the last five years and could be 9.15% for the next five years. Foot Locker, Inc. has seen sales growth quarter over quarter at 5.00%, with EPS growth quarter over quarter at 11.60%. The 20-day simple moving average is 5.79%, with the 200-day simple moving average coming to 12.14%.

Since the IPO date for Foot Locker, Inc. on the 01/02/1970, Foot Locker, Inc. has seen performance year to date to be 7.06%. With Foot Locker, Inc. trading at 68.93, the dividend yield is 1.61%, and the EPS is 4.03.

So could Foot Locker, Inc., be undervalued? Well as said before P/E is 16.98. The PEG is 1.86, P/S is 1.22 and the P/B is at 3.57. The P/cash is 9.74, with P/free cash flow at 23.36.

Foot Locker, Inc. ability to deal with debt shows that the current ratio is 3.8, and the quick ratio is 1.8. This is with long term debt/equity at 0.05, and total debt/equity at 0.05.

In terms of margins, Foot Locker, Inc. has a gross margin of 33.90%, an operating margin of 11.40% and a profit margin of 7.30%.Payout ratio for Foot Locker, Inc. is 25.80%. Return on assets come to 14.80% with return on investment coming to 20.30%.

Insider ownership for Foot Locker, Inc., is at 0.70% and institutional ownership comes to 99.80%. Outstanding shares are at 134.4. While shares float is 131.53. The float short is currently 9.25%, and short ratio is 6.46.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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