Steady And Reliable Stocks: Foot Locker, Inc. (FL), Semtech Corporation (SMTC)

13 analysts out of 22 Wall Street brokerage firms rate Foot Locker, Inc. (NYSE:FL) as a Buy, while 2 see it as a Sell. The rest 7 describe it as a Hold. FL stock traded higher to an intra-day high of $59.8. At one point in session, its potential discontinued and the price was down to lows at $59.005. Analysts have set FL’s consensus price at $69.79, effectively giving it a 17.59% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $85 (up 43.22% from current price levels). FL has a 12.2% ROE, higher than the 12.11% average for the industry. The average ROE for the sector is 13.05%.

It is expected that in Apr 2019 quarter FL will have an EPS of $1.63, suggesting a 12.41% growth. For Jul 2019 is projected at $0.82. It means that there could be a 9.33% growth in the quarter. Yearly earnings are expected to rise by 10.4% to about $5.2. As for the coming year, growth will be about 7.69%, lifting earnings to $5.6. RSI after the last trading period was 47.69. FL recorded a change of -4.46% over the past week and returned 13.74% over the last three months while the FL stock’s monthly performance revealed a shift in price of 2.45%. The year to date (YTD) performance stands at 11.56%, and the bi-yearly performance specified an activity trend of 21.87% while the shares have moved 35.32% for the past 12 months.

Foot Locker, Inc. (FL) currently trades at $59.35, which is lower by -0.59% its previous price. It has a total of 116.72 million outstanding shares, with an ATR of around 1.54. The company’s stock volume dropped to 2.26 million, worse than 2.75 million that represents its 50-day average. A 5-day decrease of about -4.46% in its price means FL is now 11.56% higher on year-to-date. The shares have surrendered $43167.65 since its $68.00 52-week high price recorded on 1st of March 2019. Overall, it has seen a growth rate of 35.32 over the last 12 months. The current price per share is $19.33 above the 52 week low of $40.02 set on 7th of May 2018.

Foot Locker, Inc. (NYSE:FL)’s EPS was $1.56 as reported for the January quarter. In comparison, the same quarter a year ago had an EPS of $1.26. That means that its growth in general now stands at 24%. Therefore, a prediction of $1.4 given by the analysts brought a positive surprise of 11%. FL Jan 19 quarter revenue was $2.27 billion, compared to $2.21 billion recorded in same quarter last year, giving it a 3% growth rate. The company’s $0.06 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Semtech Corporation (NASDAQ:SMTC) shares depreciated -6.34% over the last trading period, taking overall 5-day performance up to -3.18%. SMTC’s price now at $51.98 is greater than the 50-day average of $51.32. Getting the trading period increased to 200 days, the stock price was seen at $50.2 on average. The general public currently hold control of a total of 64.54 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 67.12 million. The company’s management holds a total of 1.2%, while institutional investors hold about 0% of the remaining shares. SMTC share price finished last trade -4.62% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 3.61%, while closing the session with 1.53% distance from 50 day simple moving average.

Semtech Corporation (SMTC) shares were last observed trading -14.15% down since September 19, 2018 when the peak of $60.55 was hit. Last month’s price growth of 1.68% puts SMTC performance for the year now at 13.32%. Consequently, the shares price is trending higher by 50.01%, a 52-week worst price since Apr. 02, 2018. However, it is losing value with -11.15% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $48.53 and $50.26. The immediate resistance area is now $54.55 Williams’s %R (14) for SMTC moved to 87.17 while the stochastic %K points at 40.49.

SMTC’s beta is 1.67; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $1.35 per share from its yearly profit to its outstanding shares. Its last reported revenue is $160.01 million, which was 13% versus $142.11 million in the corresponding quarter last year. The EPS for Jan 19 quarter came in at $0.55 compared to $0.42 in the year-ago quarter and had represented 31% year-over-year earnings per share growth. SMTC’s ROA is 4.4%, lower than the 12.06% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.48%.

Estimated quarterly earnings for Semtech Corporation (NASDAQ:SMTC) are around $0.4 per share in three months through April with $0.45 also the estimate for July quarter of the fiscal year. It means the growth is estimated at 122.22% and 21.62%, respectively. Analysts estimate full-year growth to be 34.59%, the target being $1.79 a share. The firm’s current profit margin over the past 12 months is 8%. SMTC ranks lower in comparison to an average of 14.42% for industry peers; while the average for the sector is 12.27%.