Finish Line Coverage Initiated by Analysts at UBS AG (FINL)
Equities researchers at UBS AG assumed coverage on shares of Finish Line (NASDAQ:FINL) in a research report issued on Friday, Analyst Ratings.Net reports. The firm set a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at B. Riley raised their price target on shares of Finish Line from $25.00 to $26.00 in a research note to investors on Monday, October 7th. They now have a “neutral” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Finish Line from a “neutral” rating to a “sell” rating in a research note to investors on Tuesday, October 1st. They now have a $22.00 price target on the stock, up previously from $20.00. Finally, analysts at Susquehanna raised their price target on shares of Finish Line from $21.00 to $22.00 in a research note to investors on Monday, September 30th. They now have a “neutral” rating on the stock. Three 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 stock. The stock currently has an average rating of “Hold” and an average target price of $21.93.
Shares of Finish Line (NASDAQ:FINL) opened at 24.118 on Friday. Finish Line has a 1-year low of $16.87 and a 1-year high of $25.10. The stock has a 50-day moving average of $22.80 and a 200-day moving average of $21.47. The company has a market cap of $1.185 billion and a price-to-earnings ratio of 18.27.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, September 27th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the 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 $1.59 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Tuesday, November 26th.
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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