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Shares of Finish Line (NASDAQ:FINL) hit a new 52-week high during trading on Thursday , Analyst Ratings News reports. The company traded as high as $28.88 and last traded at $28.64, with a volume of 261,323 shares. The stock had previously closed at $27.96.

A number of research firms have recently commented on FINL. Analysts at Morgan Stanley upgraded shares of Finish Line from an “equal weight” rating to an “overweight” rating in a research note on Friday, April 4th. They now have a $33.00 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Finish Line in a research note on Monday, March 31st. They now have a $33.00 price target on the stock, up previously from $32.00. Finally, analysts at Deutsche Bank raised their price target on shares of Finish Line from $24.00 to $28.00 in a research note on Monday, March 24th. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $28.91.

The stock has a 50-day moving average of $27.15 and a 200-day moving average of $26.43. The company has a market cap of $1.363 billion and a price-to-earnings ratio of 17.92.

Finish Line (NASDAQ:FINL) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $518.90 million for the quarter, compared to the consensus estimate of $529.53 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. Analysts expect that Finish Line will post $1.85 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, May 28th.

In other Finish Line news, EVP Steven Schneider sold 1,918 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $28.15, for a total transaction of $53,991.70. Following the completion of the sale, the executive vice president now directly owns 7,984 shares in the company, valued at approximately $224,750. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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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