Finish Line (FINL) Announces Quarterly Results
Finish Line (NASDAQ:FINL) announced its earnings results on Friday. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.09, Analyst Ratings.Net reports. The company had revenue of $436.00 million for the quarter, compared to the consensus estimate of $426.39 million.
Shares of Finish Line (NASDAQ:FINL) opened at 22.39 on Friday. Finish Line has a 52 week low of $16.87 and a 52 week high of $23.65. The stock’s 50-day moving average is $21.91 and its 200-day moving average is $20.93. The company has a market cap of $1.099 billion and a P/E ratio of 17.64.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Finish Line (NASDAQ:FINL) in a research note to investors on Tuesday. They now have a $26.00 price target on the stock. On a related note, 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. Finally, 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. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $20.85.
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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