Finish Line PT Raised to $35.00 at Monness Crespi & Hardt (FINL)
Equities research analysts at Monness Crespi & Hardt lifted their price objective on shares of Finish Line (NASDAQ:FINL) from $33.00 to $35.00 in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Monness Crespi & Hardt’s target price indicates a potential upside of 18.40% from the company’s current price.
Shares of Finish Line (NASDAQ:FINL) traded down 0.03% on Monday, hitting $29.55. 210,079 shares of the company’s stock traded hands. Finish Line has a 52 week low of $20.51 and a 52 week high of $30.50. The stock’s 50-day moving average is $29.38 and its 200-day moving average is $27.39. The company has a market cap of $1.429 billion and a P/E ratio of 17.28.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, June 27th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.07. The company had revenue of $406.50 million for the quarter, compared to the consensus estimate of $394.17 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up 15.8% on a year-over-year basis. On average, analysts predict that Finish Line will post $1.86 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on FINL. Analysts at Canaccord Genuity raised their price target on shares of Finish Line from $32.00 to $34.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Buckingham Research initiated coverage on shares of Finish Line in a research note on Wednesday, June 25th. They set a “neutral” rating and a $32.00 price target on the stock. Finally, analysts at Susquehanna raised their price target on shares of Finish Line from $33.00 to $34.00 in a research note on Thursday, June 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $29.84.
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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