Shares of The Finish Line, Inc. (NASDAQ:FINL) have been assigned a consensus recommendation of “Hold” from the twenty-four research firms that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $10.41.

Several research analysts recently weighed in on the stock. Susquehanna Bancshares Inc restated a “neutral” rating and issued a $12.00 price objective on shares of The Finish Line in a research report on Friday, September 29th. Zacks Investment Research upgraded shares of The Finish Line from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. Jefferies Group LLC set a $17.00 price objective on shares of The Finish Line and gave the stock a “buy” rating in a research report on Sunday, August 20th. BidaskClub upgraded shares of The Finish Line from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Canaccord Genuity restated a “hold” rating and issued a $8.00 price objective (down previously from $14.00) on shares of The Finish Line in a research report on Tuesday, August 29th.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in The Finish Line in the 2nd quarter worth $102,000. State of Alaska Department of Revenue boosted its stake in The Finish Line by 77.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 7,964 shares of the specialty retailer’s stock worth $112,000 after purchasing an additional 3,464 shares during the period. Public Employees Retirement System of Ohio boosted its stake in The Finish Line by 7.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 9,465 shares of the specialty retailer’s stock worth $135,000 after purchasing an additional 650 shares during the period. Mason Street Advisors LLC boosted its stake in The Finish Line by 7.0% in the 1st quarter. Mason Street Advisors LLC now owns 9,484 shares of the specialty retailer’s stock worth $135,000 after purchasing an additional 620 shares during the period. Finally, Eqis Capital Management Inc. acquired a new position in The Finish Line in the 3rd quarter worth $124,000. 99.94% of the stock is owned by hedge funds and other institutional investors.

Shares of The Finish Line (NASDAQ FINL) traded down 2.90% during trading on Friday, hitting $10.05. The stock had a trading volume of 867,010 shares. The stock’s market capitalization is $403.94 million. The stock’s 50 day moving average is $10.48 and its 200 day moving average is $12.81. The Finish Line has a 52 week low of $6.90 and a 52 week high of $24.50.

The Finish Line (NASDAQ:FINL) last posted its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The Finish Line had a negative net margin of 2.13% and a positive return on equity of 5.44%. The firm had revenue of $469.40 million during the quarter, compared to analysts’ expectations of $478.25 million. During the same quarter in the previous year, the company posted $0.53 EPS. The Finish Line’s revenue was down 3.3% on a year-over-year basis. On average, equities research analysts expect that The Finish Line will post $0.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 24th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date of this dividend is Wednesday, November 22nd. The Finish Line’s payout ratio is presently -45.83%.

The 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.

Analyst Recommendations for The Finish Line (NASDAQ:FINL)

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