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Stocks To Watch: Foot Locker, Inc. (FL), California Resources Corporation (CRC), KBR, Inc. (KBR)

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Foot Locker, Inc. (FL) traded within a range of $70.33 to $71.62 after opening the day at $71.41. The company has seen its stock decrease in value by -0.26% so far this year. The stock was down close to -1.11% on light volume in last trading session and closed at $70.43 per share. After the recent fall, the stock is currently holding -10.99% below its 52 week high of $79.43 and 40.13% above its 12-month low of $50.9. The shares are down by over -1.29% in the last three months, and the RSI indicator value of 49.7 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, as well as Runners Point, and Sidestep. As of August 30, 2016, it operated approximately 3,400 stores in North America, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, and private-label merchandise through Internet Websites, mobile sites, and catalogs. This segment operates sites for eastbay.com, final-score.com, eastbayteamsales.com, and sp24.com, as well as footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, champssports.com, footaction.com, footlocker.ca, footlocker.eu, runnerspoint.com, and sidestep-shoes.com. The company also provides franchise licenses to operate its Foot Locker stores in the Middle East and the Republic of Korea; and Runners Point Germany. It operates 64 franchised stores. The company was founded in 1879 and is headquartered in New York, New York.

California Resources Corporation (CRC) continued its downward trend with the stock declining -2.44% or $-0.47 to close the day at $18.81 on light trading volume of 1.23M shares, compared to its three month average trading volume of 2.07M. The Los Angeles California 91311 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 234.7%, compared to the industry which has advanced 52.15% over the same period. With RSI of 41.09, the stock should still continue to rise and get closer to its one year target estimate of $21.17, making it a hold for now.

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in approximately 2.4 million net acres. As of December 31, 2015, it had net proved reserves of 644 million barrels of oil equivalent. It also gathers, processes, and markets oil and gas products to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. In addition, the company generates and sells electricity to the grid and to others through contractual agreements. California Resources Corporation is headquartered in Los Angeles, California.

KBR, Inc. (KBR) gained $0.21 to close the day at a new closing price of $17.06, a 1.25% increase in value from its previous closing price that moved the stock 50.06% above its 52 week low of $11.69. A total of 1.22M shares exchanged hands during the day compared with its three month average trading volume of 1.49M. The stock, which fluctuated between $16.91 and $17.19 during the day, currently situated -4.52% below its 52 week high. The stock is up by 0.89% in the past one month and up by 9.72% over the past three months. With a one year target estimate of $19.42 and RSI of 53, the stock still has upside potential, making it a hold for now.

KBR, Inc. operates as an engineering, construction, and services company worldwide. The company operates through three segments: Technology and Consulting, Engineering and Construction, and Government Services. The Technology and Consulting segment offers services and solutions, including licensing, engineering and design, proprietary equipment, plant automation, remote monitoring, catalysts, and related consulting services to hydrocarbons, petrochemicals, chemicals, and fertilizer markets. This segment provides field development planning, technology selection and capital spending optimization, plant integrity management, specialized naval architecture technology, floating production units, and structural engineering; and feasibility studies, revamp studies, planning/development and construction studies. The Engineering and Construction segment provides engineering services, as well as engineering, procurement, and construction project delivery for the development, construction, and commissioning of projects in the oil and gas industries, and liquefied natural gas/gas-to-liquids markets, as well as refining, petrochemicals, chemicals, and fertilizers industries. This segment provides offshore oil and gas services focused on the hydrocarbons value chain from subsea umbilicals, risers, and flowlines to fixed and floating platforms, including hulls, moorings, and risers; and onshore oil and gas services across the hydrocarbons industry. The Government Services segment offers construction, refurbishment, operations, and maintenance of housing, and associated facilities for military personnel to home base, as well as operations support, embassy and critical infrastructure support, life-support programs, heavy equipment transportation, and non-military government facilities management and integration. KBR, Inc. was founded in 1901 and is headquartered in Houston, Texas.

 

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