Foot Locker Stock Future Price Prediction

FL
 Stock
  

USD 38.65  1.15  2.89%   

Foot Locker stock price prediction is an act of determining the future value of Foot Locker shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Foot Locker's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Foot Locker and does not consider all of the tangible or intangible factors available from Foot Locker's fundamental data. We analyze noise-free headlines and recent hype associated with Foot Locker, which may create opportunities for some arbitrage if properly timed.
Please check Foot Locker Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Foot Locker based on different types of headlines from major news networks to social media. The Foot Locker stock price prediction module provides an analysis of price elasticity to changes in media outlook on Foot Locker over a specific investment horizon.
Quarterly Earnings Growth YOY
(0.34) 
EPS Estimate Current Year
7.56
EPS Estimate Next Year
6.49
Wall Street Target Price
38.21
Quarterly Revenue Growth YOY
(0.007) 
Using Foot Locker hype-based prediction, you can estimate the value of Foot Locker from the perspective of Foot Locker response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Foot Locker using Foot Locker's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Foot Locker using crowd psychology based on the activity and movement of Foot Locker's stock price.

Foot Locker Short Interest

A significant increase or decrease in Foot Locker's short interest from the previous month could be a good indicator of investor sentiment towards Foot Locker. Short interest can provide insight into the potential direction of Foot Locker stock and how bullish or bearish investors feel about the market overall. An investor who is long Foot Locker may also wish to track short interest. As short interest increases, investors should be becoming more worried about Foot Locker and may potentially protect profits, hedge Foot Locker with its derivative instruments, or be ready for some potential downside.
200 Day MA
31.74
Short Percent
0.14
Short Ratio
3.9
Shares Short Prior Month
9.4 M
50 Day MA
33.2
Shares Short
9.4 M

Foot Locker Hype to Price Pattern

Investor biases related to Foot Locker's public news can be used to forecast risks associated with investment in Foot Locker. The trend in average sentiment can be used to explain how an investor holding Foot Locker can time the market purely based on public headlines and social activities around Foot Locker. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Foot Locker's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Foot Locker.

Foot Locker Implied Volatility

    
  68.41  
Foot Locker's implied volatility exposes the market's sentiment of Foot Locker stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Foot Locker's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Foot Locker stock will not fluctuate a lot when Foot Locker's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Foot Locker. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Foot Locker to buy its stock at a price that has no basis in reality. In that case, they are not buying Foot Locker because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Foot Locker after-hype prediction price

    
  USD 39.65  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Foot Locker contract

Based on the Rule 16, the options market is currently suggesting that Foot Locker will have an average daily up or down price movement of about 4.28% per day over the life of the 2022-12-02 option contract. With Foot Locker trading at USD38.65, that is roughly USD1.65. If you think that the market is fully incorporating Foot Locker's daily price movement you should consider acquiring Foot Locker options at the current volatility level of 68.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Foot Locker's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Foot Locker in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
35.8248.0051.15
Details
Naive
Forecast
LowNext ValueHigh
40.5643.7146.87
Details
12 Analysts
Consensus
LowTarget PriceHigh
42.0061.6985.00
Details
Earnings
Estimates (9)
LowProjected EPSHigh
7.267.547.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Foot Locker. Your research has to be compared to or analyzed against Foot Locker's peers to derive any actionable benefits. When done correctly, Foot Locker's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Foot Locker.

Foot Locker After-Hype Price Prediction Density Analysis

As far as predicting the price of Foot Locker at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Foot Locker or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Foot Locker, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Foot Locker Estimiated After-Hype Price Volatility

In the context of predicting Foot Locker's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Foot Locker's historical news coverage. Foot Locker's after-hype downside and upside margins for the prediction period are 36.50 and 42.80, respectively. We have considered Foot Locker's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 38.65
39.65
After-hype Price
42.80
Upside
Foot Locker is very steady asset. Analysis and calculation of next after-hype price of Foot Locker is based on 3 months time horizon.

Foot Locker Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Foot Locker is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Foot Locker backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Foot Locker, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.24  3.16   0.18   0.45  6 Events / Month6 Events / MonthIn about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
38.6539.650.38 
410.39  

Foot Locker Hype Timeline

As of December 1, 2022 Foot Locker is listed for 38.65. The entity has historical hype elasticity of -0.18 and average elasticity to hype of competition of 0.45. Foot Locker is expected to decline in value after the next headline with the price expected to drop to 39.65. The average volatility of media hype impact on the company price is over 100%. The price decline on the next newsis expected to be -0.38% whereas the daily expected return is currently at 0.24%. The volatility of related hype on Foot Locker is about 168.09% with expected price after next announcement by competition of 39.1. About 96.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.14. Some equities with similar Price to Book (P/B) outperform the market in the long run. Foot Locker last dividend was issued on the 12th of January 2023. The entity had 2:1 split on the 1st of June 1990. Allowing for the 90-day total investment horizon the next expected press release will be in about 6 days.
Please check Foot Locker Basic Forecasting Models to cross-verify your projections.

Foot Locker Related Hype Analysis

Having access to credible news sources related to Foot Locker's direct competition is more important than ever and may enhance your ability to predict Foot Locker's future price movements. Getting to know how Foot Locker rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Foot Locker may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
WMTWalmart 3.00 8 per month 1.08  0.1  2.18 (2.33)  6.89 
MMATMeta Materials 0.01 5 per month 5.23  0.18  14.17 (9.36)  44.34 
AXPAmerican Express 10.20 8 per month 1.85 (0.0073)  3.88 (3.11)  8.22 
HPQHP Inc(0.17) 8 per month 0.00 (0.0409)  4.77 (4.16)  10.27 
IBMInternational Business Machines 0.54 9 per month 1.13  0.10  2.79 (2.32)  6.45 
AAAlcoa Corp 0.97 10 per month 0.00 (0.0237)  7.74 (7.61)  18.72 
BAThe Boeing 4.56 11 per month 3.15  0.0292  4.65 (5.37)  14.69 
PGProcter Gamble(0.48) 6 per month 1.19  0.0164  1.83 (2.07)  4.27 
DISWalt Disney(1.71) 7 per month 0.00 (0.09)  4.28 (3.22)  17.60 

Foot Locker Additional Predictive Modules

Most predictive techniques to examine Foot Locker price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Foot Locker using various technical indicators. When you analyze Foot Locker charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Foot Locker Predictive Indicators

The successful prediction of Foot Locker stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Foot Locker, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Foot Locker based on analysis of Foot Locker hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Foot Locker's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Foot Locker's related companies.
 2010 2014 2022 (projected)
Long Term Debt to Equity0.05450.04930.1
Interest Coverage133.6503118.02

Story Coverage note for Foot Locker

The number of cover stories for Foot Locker depends on current market conditions and Foot Locker's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Foot Locker is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Foot Locker's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Foot Locker Short Properties

Foot Locker's future price predictability will typically decrease when Foot Locker's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Foot Locker often depends not only on the future outlook of the potential Foot Locker's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Foot Locker's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding105100000.00
Cash And Short Term Investments804000000.00
Please check Foot Locker Basic Forecasting Models to cross-verify your projections. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for analysis

When running Foot Locker price analysis, check to measure Foot Locker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foot Locker is operating at the current time. Most of Foot Locker's value examination focuses on studying past and present price action to predict the probability of Foot Locker's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Foot Locker's price. Additionally, you may evaluate how the addition of Foot Locker to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Is Foot Locker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Foot Locker. If investors know Foot Locker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Foot Locker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.34) 
Market Capitalization
3.7 B
Quarterly Revenue Growth YOY
(0.007) 
Return On Assets
0.0542
Return On Equity
0.13
The market value of Foot Locker is measured differently than its book value, which is the value of Foot Locker that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine Foot Locker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.