Foot Locker (NYSE: FL)‘s stock had its “outperform” rating restated by equities researchers at Robert W. Baird in a report issued on Monday. They currently have a $45.00 target price on the stock.

Foot Locker opened at 32.79 on Monday. Foot Locker has a 1-year low of $27.86 and a 1-year high of $37.65. The stock’s 50-day moving average is currently $34.15. The company has a market cap of $5.023 billion and a price-to-earnings ratio of 12.72.

Foot Locker last posted its quarterly earnings results on Friday, March 8th. The company reported $0.73 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.73. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter last year, the company posted $0.55 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 $2.83 EPS for the current fiscal year.

FL has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Foot Locker in a research note to investors on Friday. They now have a $43.00 price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Foot Locker in a research note to investors on Friday. Finally, analysts at Citigroup reiterated a “buy” rating on shares of Foot Locker in a research note to investors on Friday.

Eleven analysts have rated the stock with a buy rating, one has given an overweight rating, and two have given a hold rating to the company. The stock has an average rating of “buy” and an average price target of $41.31.

The company also recently declared a quarterly dividend, which is scheduled for Friday, May 3rd. Shareholders of record on Friday, April 19th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Wednesday, April 17th. This is a positive change from Foot Locker’s previous quarterly dividend of $0.18.

Foot Locker, Inc. is a global retailer of athletic shoes and apparel, operating 3,369 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand as of January 28, 2012.

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