Finish Line Receives Average Rating of “Hold” from Analysts (NASDAQ:FINL)
Shares of Finish Line (NASDAQ:FINL) have received an average rating of “Hold” from the seventeen ratings firms that are covering the company, Stock Ratings Network reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $30.60.
FINL has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Finish Line in a research note on Friday. They set a “buy” rating and a $33.00 price target on the stock. Separately, 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. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Finish Line to a “hold” rating in a research note on Friday, July 11th.
Finish Line (NASDAQ:FINL) opened at 26.85 on Wednesday. Finish Line has a 1-year low of $20.51 and a 1-year high of $30.79. The stock’s 50-day moving average is $28.39 and its 200-day moving average is $27.51. The company has a market cap of $1.283 billion and a price-to-earnings ratio of 15.37.
Finish Line (NASDAQ:FINL) last released its earnings data on Friday, June 27th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. On average, analysts predict that Finish Line will post $1.87 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.19%.
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).
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