Foot Locker (FL) Stock Buy Rating Maintained at Susquehanna; The Price Objective is Set to $57.0000; Carmax Has 1.04 Sentiment

Foot Locker, Inc. (NYSE:FL) Logo

The firm have set price target of $57.0000 on Foot Locker Inc (NYSE:FL) shares. This is 36.79% from the previous close. In a report sent to clients and investors on Friday, 4 May, Susquehanna reconfirmed their Buy rating on shares of FL.

Carmax Inc (KMX) investors sentiment increased to 1.04 in Q4 2017. It’s up 0.14, from 0.9 in 2017Q3. The ratio has increased, as 198 institutional investors increased and opened new stock positions, while 191 sold and reduced stock positions in Carmax Inc. The institutional investors in our database now own: 174.62 million shares, down from 188.17 million shares in 2017Q3. Also, the number of institutional investors holding Carmax Inc in top ten stock positions decreased from 19 to 11 for a decrease of 8. Sold All: 39 Reduced: 152 Increased: 134 New Position: 64.

Broad Run Investment Management Llc holds 6.97% of its portfolio in CarMax, Inc. for 3.37 million shares. Markel Corp owns 4.91 million shares or 5.95% of their US portfolio. Moreover, Sheffield Asset Management L.L.C. has 5.63% invested in the company for 224,300 shares. The -based Avenir Corp has invested 5.59% in the stock. Akre Capital Management Llc, a Virginia-based fund reported 5.15 million shares.

Ratings analysis reveals 20% of CarMax’s analysts are positive. Out of 5 Wall Street analysts rating CarMax, 1 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $55.0 while the high is $70.0. The stock’s average target of $62.67 is -3.53% below today’s ($64.96) share price. KMX was included in 5 notes of analysts from August 18, 2016. As per Thursday, August 18, the company rating was maintained by Wedbush. On Wednesday, February 1 the stock rating was downgraded by Morgan Stanley to “Underweight”. The stock has “Neutral” rating by Buckingham Research on Friday, September 9. The firm has “Positive” rating by Susquehanna given on Friday, August 26. RBC Capital Markets maintained the shares of KMX in report on Friday, April 7 with “Sector Perform” rating.

Since January 1, 0001, it had 2 insider buys, and 10 insider sales for $11.48 million activity.

The stock increased 2.59% or $1.64 during the last trading session, reaching $64.96. About 1.21 million shares traded. CarMax, Inc. (KMX) has risen 1.49% since May 7, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.61 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.04 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Seekingalpha.com which published an article titled: “Buy CarMax In The Face Of ‘Bad News'” on April 18, 2018.

Analysts await CarMax, Inc. (NYSE:KMX) to report earnings on June, 20. They expect $1.22 earnings per share, up 7.96% or $0.09 from last year’s $1.13 per share. KMX’s profit will be $217.99 million for 13.31 P/E if the $1.22 EPS becomes a reality. After $0.77 actual earnings per share reported by CarMax, Inc. for the previous quarter, Wall Street now forecasts 58.44% EPS growth.

The stock increased 0.05% or $0.02 during the last trading session, reaching $41.67. About 1.81 million shares traded. Foot Locker, Inc. (NYSE:FL) has declined 39.41% since May 7, 2017 and is downtrending. It has underperformed by 50.96% the S&P500.

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.08, from 0.81 in 2017Q3. It is positive, as 55 investors sold Foot Locker, Inc. shares while 151 reduced holdings. 85 funds opened positions while 98 raised stakes. 108.01 million shares or 1.87% more from 106.03 million shares in 2017Q3 were reported. Meiji Yasuda Life Insurance invested 0.08% of its portfolio in Foot Locker, Inc. (NYSE:FL). Virtus Investment Advisers has invested 0.01% in Foot Locker, Inc. (NYSE:FL). Spectrum Management Gru, Indiana-based fund reported 1,000 shares. Retirement Of Alabama holds 0.01% of its portfolio in Foot Locker, Inc. (NYSE:FL) for 60,090 shares. Liberty Mutual Asset Mgmt holds 0.01% or 4,942 shares. Voya Investment Limited Company invested 0.04% of its portfolio in Foot Locker, Inc. (NYSE:FL). Moreover, Sector Pension Investment Board has 0.04% invested in Foot Locker, Inc. (NYSE:FL) for 131,363 shares. 371,870 were reported by Amer Group Incorporated. Paradigm Cap Mgmt New York reported 84,700 shares or 0.34% of all its holdings. Verition Fund Ltd Liability Com reported 0.09% stake. Nelson Van Denburg Campbell Wealth Management Group Inc Ltd Liability Corp owns 4,090 shares for 0.04% of their portfolio. Calamos Advisors Limited Com reported 45,497 shares. Bridgewater Assoc L P holds 0.04% in Foot Locker, Inc. (NYSE:FL) or 109,815 shares. Howe And Rusling has 0% invested in Foot Locker, Inc. (NYSE:FL). Brinker Inc holds 0.01% or 6,744 shares.

Another recent and important Foot Locker, Inc. (NYSE:FL) news was published by Benzinga.com which published an article titled: “Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Foot Locker, Inc.; Reminds Investors of …” on May 06, 2018.

Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company has market cap of $4.92 billion. The firm operates in two divisions, Athletic Stores and Direct-to-Customers. It has a 18.77 P/E ratio. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02.

Since January 9, 2018, it had 0 insider purchases, and 5 selling transactions for $3.34 million activity. Cipriano Giovanna had sold 21,000 shares worth $1.05 million. On Tuesday, January 9 MCKENNA MATTHEW M sold $499,339 worth of Foot Locker, Inc. (NYSE:FL) or 10,899 shares. On Monday, March 12 the insider Kimble Lewis Phillip sold $471,647. Johnson Richard A had sold 25,000 shares worth $1.25M. 1,500 Foot Locker, Inc. (NYSE:FL) shares with value of $65,161 were sold by GILBERT JAROBIN JR.

Foot Locker, Inc. (NYSE:FL) Institutional Positions Chart