Finish Line Given Consensus Rating of “Hold” by Analysts (NASDAQ:FINL)
Finish Line (NASDAQ:FINL) has received a consensus recommendation of “Hold” from the sixteen brokerages that are presently covering the stock, Analyst Ratings News reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $30.44.
Several analysts have recently commented on the stock. Analysts at B. Riley reiterated a “buy” rating on shares of Finish Line in a research note on Tuesday, July 22nd. They now have a $35.00 price target on the stock, up previously from $26.82. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Finish Line to a “hold” rating in a research note on Friday, July 11th. Finally, analysts at Sterne Agee downgraded shares of Finish Line from a “buy” rating to a “neutral” rating in a research note on Friday, July 11th. They now have a $33.00 price target on the stock.
Finish Line (NASDAQ:FINL) traded up 0.30% on Wednesday, hitting $26.89. 22,069 shares of the company’s stock traded hands. Finish Line has a 52-week low of $20.51 and a 52-week high of $30.79. The stock has a 50-day moving average of $28.6 and a 200-day moving average of $27.52. The company has a market cap of $1.285 billion and a price-to-earnings ratio of 15.67.
Finish Line (NASDAQ:FINL) last announced its earnings results on Friday, June 27th. The company reported $0.28 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.20 earnings per share. Finish Line’s revenue was up 15.8% compared to the same quarter last year. On average, analysts predict that Finish Line will post $1.87 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.19%.
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).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.