Finish Line Inc (FINL) Scheduled to Post Earnings on Friday
Finish Line Inc (NASDAQ:FINL) is set to release its earnings data before the market opens on Friday, September 22nd. Analysts expect Finish Line to post earnings of $0.38 per share for the quarter. Finish Line has set its FY18 guidance at $1.12-1.23 EPS.
Finish Line (NASDAQ:FINL) last issued its quarterly earnings data on Friday, June 23rd. The specialty retailer reported $0.23 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.23. The firm had revenue of $429.80 million for the quarter, compared to analysts’ expectations of $433.97 million. Finish Line had a net margin of 1.86% and a return on equity of 7.09%. The firm’s revenue was up .0% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 EPS. On average, analysts expect Finish Line to post $0.570 EPS for the current fiscal year and $0.670 EPS for the next fiscal year.
Shares of Finish Line Inc (NASDAQ FINL) opened at 10.22 on Friday. Finish Line Inc has a 52 week low of $6.90 and a 52 week high of $24.50. The firm’s market capitalization is $410.09 million. The company has a 50-day moving average of $11.36 and a 200-day moving average of $13.90.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, August 25th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend was Wednesday, August 23rd. Finish Line’s dividend payout ratio (DPR) is presently -89.80%.
In other Finish Line news, COO Melissa A. Greenwell sold 4,077 shares of Finish Line stock in a transaction dated Saturday, July 29th. The stock was sold at an average price of $21.67, for a total transaction of $88,348.59. Following the transaction, the chief operating officer now owns 11,862 shares of the company’s stock, valued at approximately $257,049.54. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Melissa A. Greenwell sold 7,525 shares of Finish Line stock in a transaction dated Saturday, July 15th. The shares were sold at an average price of $22.71, for a total value of $170,892.75. Following the transaction, the chief operating officer now directly owns 11,862 shares in the company, valued at approximately $269,386.02. The disclosure for this sale can be found here. Insiders own 6.00% of the company’s stock.
Several equities research analysts have commented on the stock. Piper Jaffray Companies set a $13.00 price target on shares of Finish Line and gave the stock a “hold” rating in a research report on Saturday, June 24th. BidaskClub upgraded shares of Finish Line from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. UBS AG upgraded shares of Finish Line from a “neutral” rating to a “positive” rating in a research report on Wednesday. Bank of America Corporation reiterated a “neutral” rating and issued a $14.00 price target (down from $16.00) on shares of Finish Line in a research report on Monday, June 26th. Finally, Jefferies Group LLC set a $13.00 price target on shares of Finish Line and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the stock. Finish Line currently has an average rating of “Hold” and a consensus price target of $11.85.
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Finish Line Company Profile
The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.
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