Finish Line PT Raised to $23.00 (FINL)
Canaccord Genuity hoisted their target price on shares of Finish Line (NASDAQ:FINL) from $21.00 to $23.00 in a research note issued on Monday, American Banking and Market News reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target would suggest a potential downside of 5.78% from the stock’s previous close.
A number of other analysts have also recently weighed in on FINL. 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. Separately, 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, September 24th. 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 issued a buy rating to the company’s stock. Finish Line presently has an average rating of “Hold” and a consensus price target of $21.00.
Finish Line (NASDAQ:FINL) opened at 24.41 on Monday. Finish Line has a one year low of $16.87 and a one year high of $24.70. The stock has a 50-day moving average of $21.98 and a 200-day moving average of $20.97. The company has a market cap of $1.190 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 EPS for the quarter, beating the Thomson Reuters 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 in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, analysts predict that Finish Line will post $1.57 earnings per share 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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