FL Stock Looks Attractive With P/S Multiple of 0.29X: How to Play It?
Foot Locker(FL) ZACKS·2024-10-01 23:20
Foot Locker, Inc. (FL) is currently trading at a notable low price-to-earnings (P/E) multiple, which is below the Zacks Retail-Apparel and Shoes industry and the broader Retail-Wholesale sector’s averages. FL's forward 12-month P/S ratio is 0.29, lower than the industry's and the sector’s ratios of 1.14 and 1.44, respectively.This stock is undervalued than its industry peers, thereby offering compelling value to investors looking for exposure to the sector. FL's Value Score of A underscores its appeal as an ...