Why Stock Buybacks Should Make Investors Nervous [MSN Money]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
footlocker-inc.com/investors.cfm?page=investor-relations
Company Research
Source: MSN Money
We’re more than nine years into a bull market, and it’s no secret that stocks are expensive. The Shiller price/earnings ratio, which compares companies’ share prices with their inflation-adjusted 10-year earnings average, is at 31, well above the historical median of 16—a sign that future returns will be sluggish. Combine that with simmering worries about trade wars and inflation, and you get a climate in which fewer investors are clicking the “buy” button. Popular Searches Yet there’s one group purchasing company shares with gusto: the companies themselves. As the impact of new tax cuts circulates through corporate balance sheets, businesses are getting an infusion of cash, and much of the windfall is going toward buying back stock. J.P. Morgan estimates that repurchases in 2018 will jump 51% from last year’s mark, to $800 billion, which would be a single-year record. Historically, buyback announcements have attracted investors like a plate of s
Show less
Read more
Impact Snapshot
Event Time:
FL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FL alerts
High impacting Foot Locker, Inc. news events
Weekly update
A roundup of the hottest topics
FL
News
- Foot Locker, Inc. (NYSE: FL) had its price target lowered by analysts at Morgan Stanley from $26.00 to $20.00. They now have an "equal weight" rating on the stock.MarketBeat
- Focus: Adidas plots to swerve Samba slump [Reuters]Reuters
- Adidas plots to swerve Samba slump [Yahoo! Finance]Yahoo! Finance
- Calumet City man sentenced to 4 years for bank fraud [Yahoo! Finance]Yahoo! Finance
- The Woman Behind the Kentucky Derby’s Most Coveted Hats [The New York Times]The New York Times
FL
Earnings
- 3/6/24 - Beat
FL
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- FL's page on the SEC website