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Foot Locker (NYSE:FL)’s share price hit a new 52-week high during trading on Wednesday , AnalystRatingsNetwork.com reports. The company traded as high as $52.12 and last traded at $51.86, with a volume of 1,087,441 shares. The stock had previously closed at $51.96.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Foot Locker in a research note on Wednesday. They now have a $55.00 price target on the stock, up previously from $53.00. Separately, analysts at Buckingham Research initiated coverage on shares of Foot Locker in a research note on Wednesday, June 25th. They set a “buy” rating and a $58.00 price target on the stock. Finally, analysts at Sterne Agee raised their price target on shares of Foot Locker from $55.00 to $60.00 in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $51.33.

The stock has a 50-day moving average of $49.56 and a 200-day moving average of $46.66. The company has a market cap of $7.588 billion and a price-to-earnings ratio of 17.09.

Foot Locker (NYSE:FL) last issued its quarterly earnings data on Friday, May 23rd. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.06 by $0.05. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the company posted $0.91 earnings per share. Foot Locker’s revenue was up 14.0% compared to the same quarter last year. Analysts expect that Foot Locker will post $3.30 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, October 31st. Shareholders of record on Friday, October 17th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, October 15th.

Foot Locker, Inc is a global retailer of shoes and apparel, operating 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand as of February 1, 2014.

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