Finish Line’s “Buy” Rating Reaffirmed at Janney Montgomery Scott (FINL)
Finish Line (NASDAQ:FINL)‘s stock had its “buy” rating reiterated by Janney Montgomery Scott in a research note issued on Tuesday, American Banking and Market News reports. They currently have a $26.00 price target on the stock. Janney Montgomery Scott’s target price would suggest a potential upside of 15.61% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee raised their price target on shares of Finish Line (NASDAQ:FINL) from $16.00 to $17.00 in a research note to investors on Tuesday. They now have an “underperform” rating on the stock. Separately, analysts at Piper Jaffray Cos. upgraded shares of Finish Line (NASDAQ:FINL) from an “underweight” rating to a “neutral” rating in a research note to investors on Friday, September 13th. They now have a $21.00 price target on the stock, up previously from $19.00. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Finish Line (NASDAQ:FINL) in a research note to investors on Friday, August 9th. They now have a $20.00 price target on the stock, down previously from $22.00.
Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. Finish Line currently has a consensus rating of “Hold” and an average price target of $20.85.
Finish Line (NASDAQ:FINL) traded down 0.09% during mid-day trading on Tuesday, hitting $22.49. The stock had a trading volume of 960,880 shares. Finish Line has a 1-year low of $16.87 and a 1-year high of $23.65. The stock’s 50-day moving average is $21.89 and its 200-day moving average is $20.88. The company has a market cap of $1.103 billion and a price-to-earnings ratio of 17.74.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, June 28th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.04. The company had revenue of $351.10 million for the quarter, compared to the consensus estimate of $344.22 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts expect that Finish Line will post $1.57 EPS for the current fiscal year.
The Finish Line, Inc, together with its subsidiaries, is a mall-based specialty retailers in the United States, and operates two retail divisions under the Finish Line brand name (NASDAQ:FINL) and Running Specialty Group (Running Specialty).
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