Foot Locker Number Of Shares Shorted vs. Gross Profit

FL Stock  USD 21.89  0.25  1.16%   
Considering Foot Locker's profitability and operating efficiency indicators, Foot Locker is performing exceptionally good at the moment. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Foot Locker's ability to earn profits and add value for shareholders. At this time, Foot Locker's Price To Sales Ratio is quite stable compared to the past year. EV To Sales is expected to rise to 0.95 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.20. At this time, Foot Locker's Non Operating Income Net Other is quite stable compared to the past year. Change To Netincome is expected to rise to about 121.9 M this year, although the value of Operating Income will most likely fall to about 134.9 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.330.2783
Fairly Up
Slightly volatile
Operating Profit Margin0.110.0174
Way Up
Slightly volatile
For Foot Locker profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Foot Locker to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Foot Locker utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Foot Locker's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Foot Locker over time as well as its relative position and ranking within its peers.
  

Foot Locker's Revenue Breakdown by Earning Segment

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For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
Is Specialty Retail space 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 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
(0.78)
Earnings Share
(4.53)
Revenue Per Share
86.173
Quarterly Revenue Growth
0.019
Return On Assets
0.0118
The market value of Foot Locker is measured differently than its book value, which is the value of Foot 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 if Foot Locker is a good investment 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.

Foot Locker Gross Profit vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Foot Locker's current stock value. Our valuation model uses many indicators to compare Foot Locker value to that of its competitors to determine the firm's financial worth.
Foot Locker is rated # 3 in number of shares shorted category among its peers. It is rated # 2 in gross profit category among its peers fabricating about  317.90  of Gross Profit per Number Of Shares Shorted. At this time, Foot Locker's Gross Profit is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Foot Locker by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Foot Gross Profit vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Foot Locker

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
8.82 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Foot Locker

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
2.8 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Foot Gross Profit Comparison

Foot Locker is currently under evaluation in gross profit category among its peers.

Foot Locker Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Foot Locker, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Foot Locker will eventually generate negative long term returns. The profitability progress is the general direction of Foot Locker's change in net profit over the period of time. It can combine multiple indicators of Foot Locker, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-366 M-384.3 M
Operating Income142 M134.9 M
Income Before Tax-423 M-401.9 M
Total Other Income Expense Net-565 M-536.8 M
Net Loss-330 M-313.5 M
Income Tax Expense-93 M-88.3 M
Net Income Applicable To Common Shares393.3 M351 M
Net Loss-330 M-313.5 M
Non Operating Income Net Other13.8 M14.5 M
Interest Income17.2 M14.3 M
Net Interest Income-9 M-8.6 M
Change To Netincome116.1 M121.9 M
Net Income Per Share(3.50) 3.61 
Income Quality(0.28) 1.37 
Net Income Per E B T 0.78  0.64 

Foot Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Foot Locker. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Foot Locker position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Foot Locker's important profitability drivers and their relationship over time.

Use Foot Locker in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Foot Locker position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Foot Locker will appreciate offsetting losses from the drop in the long position's value.

Foot Locker Pair Trading

Foot Locker Pair Trading Analysis

The ability to find closely correlated positions to Foot Locker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foot Locker when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Foot Locker - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Foot Locker to buy it.
The correlation of Foot Locker is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Foot Locker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foot Locker moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Foot Locker can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Foot Locker position

In addition to having Foot Locker in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run World Allocation Funds Thematic Idea Now

World Allocation Funds
World Allocation Funds Theme
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize World Allocation Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
To fully project Foot Locker's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Foot Locker at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Foot Locker's income statement, its balance sheet, and the statement of cash flows.
Potential Foot Locker investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Foot Locker investors may work on each financial statement separately, they are all related. The changes in Foot Locker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Foot Locker's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.