Finish Line PT Raised to $22.00 (FINL)
Research analysts at Susquehanna increased their price target on shares of Finish Line (NASDAQ:FINL) from $21.00 to $22.00 in a report released on Monday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s target price points to a potential downside of 11.54% from the company’s current price.
Finish Line (NASDAQ:FINL) traded up 1.88% during mid-day trading on Monday, hitting $24.87. The stock had a trading volume of 1,384,570 shares. Finish Line has a 52-week low of $16.87 and a 52-week high of $24.70. The stock’s 50-day moving average is $21.98 and its 200-day moving average is $20.97. The company has a market cap of $1.213 billion and a price-to-earnings ratio of 18.49.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, September 27th. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.09. The company had revenue of $436.00 million for the quarter, compared to the consensus estimate of $426.39 million. During the same quarter last year, the company posted $0.49 earnings per share. Finish Line’s revenue was up 13.2% compared to the same quarter last year. On average, analysts predict that Finish Line will post $1.57 earnings per share for the current fiscal year.
FINL has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Finish Line (NASDAQ:FINL) in a research note to investors on Monday. They now have a $24.00 price target on the stock, up previously from $23.00. Separately, analysts at Canaccord Genuity raised their price target on shares of Finish Line (NASDAQ:FINL) from $21.00 to $23.00 in a research note to investors on Monday. They now have a “hold” rating on the stock. Finally, analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Finish Line (NASDAQ:FINL) in a research note to investors on Tuesday, September 24th. They now have a $26.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. Finish Line currently has a consensus rating of “Hold” and a consensus price target of $21.46.
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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