Finish Line Given Average Rating of “Buy” by Brokerages (NASDAQ:FINL)
Shares of Finish Line (NASDAQ:FINL) have earned an average recommendation of “Buy” from the fourteen analysts that are currently covering the company, Stock Ratings Network.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $29.47.
FINL has been the subject of a number of recent research reports. Analysts at Susquehanna raised their price target on shares of Finish Line from $33.00 to $34.00 in a research note on Thursday. Separately, 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. Finally, 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.
Shares of Finish Line (NASDAQ:FINL) traded up 0.36% during mid-day trading on Friday, hitting $30.27. The stock had a trading volume of 156,769 shares. Finish Line has a 52 week low of $20.51 and a 52 week high of $30.48. The stock has a 50-day moving average of $29. and a 200-day moving average of $27.22. The company has a market cap of $1.461 billion and a price-to-earnings ratio of 19.33.
Finish Line (NASDAQ:FINL) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.87 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 17.2% on a year-over-year basis. On average, analysts predict that Finish Line will post $1.85 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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