FL:NYSE - Foot Locker Inc.

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, as well as Runners Point, Sidestep, and Run2. As of February 1, 2014, it operated 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, private-label merchandise, and accessories through Internet Websites, catalogs, and mobile devices. The company also provides franchise licenses to open and operate its Foot Locker stores in the Republic of Korea and the Middle East; and Runners Point and Stepside stores in Germany and Switzerland. It operated 73 franchised stores. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.


Análise técnica:
A empresa encontra-se a negociar acima da linha de tendência ascendente com um RSI de 42.







Análise fundamental:

Os dados utilizados no modelo estão AQUI .

Forward PER AQUI ou AQUI

Price earnings da indústria pode ser visto AQUI . Vamos considerar este para avaliação do justo valor da cotação.





Recomendação:

De acordo com os dados apresentados no modelo de avaliação futura o preço da acção está sub valorizado. Por isso a recomendação é de compra se a empresa transccionar pelos múltiplos da indústria (PER 25). A recomendação no ZACKS é de compra também.

Não nos responsabilizamos por eventuais lucros ou prejuizos. A MGinvest não é responsável por nenhuma decisão de investimento baseada em mensagens publicadas neste fórum.

Ver aqui artigo e video explicativo.

Análise técnica:

A empresa está a tocar nas médias móveis o que indica uma possivel correcção de curto prazo. Porem o canal é ascendente com price target indicado no modelo económico financeiro, ou na linha de tendência ascendente do canal.

A empresa continua a corrigir e lateralizar perto da confluencia das medias moveis a 21 dias e 55 dias. Vamos esperar para ver, apesar do ultimo dia a vela verde tenha tido um pequeno incremento de volume.





Noticia interessante ver aqui .

A FL teve uma grande quebra a quebrar quase a linha de tendencia ascendente. O que é um mau sinal. Os fundamentais mantem-se. O que provocou a queda na acção foi o anúncio da saída do CEO da empresa que foi levada de forma negativa pelo mercado.

Ver aqui a noticia sobre FL.

Update técnico:

A empresa tem vindo a recuperar do GAP verificado à dias preenchendo-o. Neste momento toca numa linha de tendência descendente, da parte de cima do triângulo simétrico.

A análise inicial da empresa relativamente ao modelo económico financeiro mantêm-se, e a empresa declarou o pagamento de dividendos em Janeiro 2015 no valor de 0,22 dolares por acção.




Foot Locker declares $0.22 dividend
Nov 19 2014, 16:49 ET | About: Foot Locker, Inc. (FL)

Foot Locker (NYSE:FL) declares $0.22/share quarterly dividend, in line with previous.
Forward yield 1.57%
Payable Jan 30; for shareholders of record Jan 16; ex-div Jan 12.

A empresa apresentou resultados em 21 de Novembro de 2014.
Aqui está uma explicação para a quebra da sessão que nada teve haver com ter batido as expectatias de resultados.


Should Investors Buy Foot Locker After Earnings Or Stay Away?
Nov. 23, 2014 8:06 PM ET  |  1 comment  |  About: Foot Locker, Inc. (FL), Includes: NKE

Summary

  FL fell after beating earnings expectations.
   Why did it trade lower?
   Is FL now a buying opportunity?

After reaching all-time highs to start the day, Foot Locker (NYSE:FL) shares reversed course to trade with losses of more than 4% post-earnings. Given the fickle behavior of investors following the quarter, is Foot Locker a stock to buy on the weakness?

After listening to the conference call, twice, and reading through the earnings release, I have determined that there wasn't one discouraging number from the entire quarter. Revenue and EPS beat expectations, with the former growing nearly 7% year-over-year, entirely on a comparable basis.

The company's inventory levels for the quarter were flat, its expenses lower and gross margins 10 basis points higher to 33.2%. As a result, there are only two ways to explain the stock's losses: Either investors sold the stock without knowing why or the company's valuation is too high and Wall Street adjusted the stock price to better reflect operations. If the latter, Foot Locker shares would be trading at fair value.

After Foot Locker's third quarter, which included net income growth of 16%, the stock trades at 16.5 times earnings. For reference, the S&P 500 trades at 20 times earnings according to multpl.com, and super retailer Wal-Mart (NYSE:WMT) trades at 17.4 times earnings. Therefore, based on this information, investors can conclude that Foot Locker is far from being overvalued. In fact, it is undervalued based on the premium of the market.

That said, finding a reason why Foot Locker trades at a lower multiple than the S&P 500 and retail leaders such as Wal-Mart is a tough task. Notably, Wal-Mart is a company that struggles on a quarter-to-quarter basis to find comparable sales growth. Meanwhile, Foot Locker's comps have consistently exceeded 5%. Therefore, Foot Locker should trade at a multiple premium to companies like Wal-Mart, not a discount.

While other industries in retail continue to face pricing and competitive challenges from e-commerce, Foot Locker operates in a space that has proven itself to be an in-store experience; consumers tend to try shoes before buying. Not to mention, Foot Locker directly benefits from the success of Nike (NYSE:NKE), which has proven to be one of the strongest brands of the last decade.

According to SportsOneSource, Nike and its Jordan brands account for 63% of the sneaker market in the U.S. Nike's footwear sales grew 18% during its last quarter with future orders also growing by double digits. Footwear remains a strength of retail, and Foot Locker is at the epicenter of the industry.

All things considered, Foot Locker's stock reversal on Friday and eventual 4% loss had nothing to do with the stock being overbought or overvalued. Instead, it was a result of investors selling the stock without really knowing why. Perhaps it was a result of stop loss orders being executed to protect from downside in the event of a bad quarter. The problem is that Foot Locker's quarter was near flawless in every single way.

While it's impossible to know how the stock will perform next week or next month, based on the stock performance combined with its valuation, investors can feel confident that Foot Locker will continue to significantly outperform the retail industry and broader market long-term. The simple reason is that Foot Locker is one of the better performing retailers in the sector and one of the cheapest stocks, a combination that's rarely found and always leads to meaningful returns.

Noticia


Sterne Agee lifts profit outlook on Foot Locker
Nov 24 2014, 13:01 ET | About: Foot Locker, Inc. (FL) | By: Clark Schultz, SA News Editor [Contact this editor with comments or a news tip]

Shares of Foot Locker (FL +3.4%) gain after Sterne Agee FL)/10042552.html" target="_blank">raises estimates on the company after digesting the retailer's Q3 results.

The investment firm notes the strong pipeline of products that could help boost Foot Locker's sales through the first half of 2015 and the upside for the Six:02 women's initiative.

Sterne EPS revisions: FY14 to $3.52 from $3.44, FY15 to $3.90 from $3.84, FY16 to $4.44 from $4.33.

FL continua a lateralizar com bastante volatilidade. Por outro lado, parece que transiciona num canal ascendente, embora tenha uma zona de resistencia nos 59 dolares.




A última avaliação do modelo económico dava um price target na empresa de 84 dolares.



Aplicando o mesmo modelo mas com dados de 2015, a um ano, temos um price target superior de 91 dolares.

http://seekingalpha.com/article/2829946-foot-locker-goldman-sachs-downgrade-makes-perfect-sense

http://seekingalpha.com/article/2894516-heres-why-im-not-buying-foot-locker-right-now

Foot Locker declares $0.25 dividend
Feb 18 2015, 16:42 ET | About: Foot Locker, Inc. (FL)

Foot Locker (NYSE:FL) declares $0.25/share quarterly dividend, 13.6% increase from prior dividend of $0.22.
Forward yield 1.86%
Payable May 1; for shareholders of record April 17; ex-div April 15.

A recomendação de compra na FL mantem-se e os dados do modelo económico (JV nos 90 dolares mantem-se). Está numa tendencia de subida, tendo aberto a última sessão com GAP. Tem apresentado um bom crescimento de resultados.

No gráfico parece ter formado um flag, o que lhe dá um price target de curto prazo nos 80 dolares. Vamos ponderar uma entrada na cotação na próxima semana, devido aos fundamentais e à tendencia bullish de curto prazo.