Bullish Case: Foot Locker has a P/B of 0.9 suggesting undervaluation. Despite past performance, strategic partnerships and insider buying hint at an upside. The AI forecast shows modest bullishness, despite the weak correlation.


Bearish Case: FL is significantly down from its 5-year high. Industry headwinds, strategic missteps, and analyst downgrades suggest further downside. Low trading volume indicates investor caution.


Potential Outcomes: EPS surprise: 25% chance, supports rebound. consumer spending recovery: 20% chance, improves sentiment. Continued bearish trends: 55% chance, pressures stock further.


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April 03, 2024


Foot Locker Forecast

FL        Foot Locker
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FL



VSCO Forecast + Options Trading Strategies   [VSCO]  Victoria's Secret (0.84)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (0.81)


LH Forecast + Options Trading Strategies   [LH]  Laboratory Corp. Of America (0.81)


BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (0.8)


CCI Forecast + Options Trading Strategies   [CCI]  Crown Castle International (0.8)



Uncorrelated Stock Forecasts

Assets with little price relationship to FL



CHKP Forecast + Options Trading Strategies   [CHKP]  Check Point Software Technolgies (-0.0)


PAYX Forecast + Options Trading Strategies   [PAYX]  Paychex (0.0)


PBT Forecast + Options Trading Strategies   [PBT]  Permian Basin Royalty (-0.0)


CPS Forecast + Options Trading Strategies   [CPS]  Cooper-Standard (0.0)


WRK Forecast + Options Trading Strategies   [WRK]  WestRock (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FL



XES Forecast + Options Trading Strategies   [XES]  SPDR Series Trust - SPDR Oil & Gas Equipment and Services (-0.69)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.7)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.72)


BKR Forecast + Options Trading Strategies   [BKR]  Baker Hughes (-0.72)


OIH Forecast + Options Trading Strategies   [OIH]  VanEck Vectors Oil Services (-0.72)


FL News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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