Finish Line Inc (NASDAQ:FINL) has been given an average recommendation of “Hold” by the twenty-two research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $11.11.

A number of research firms have weighed in on FINL. B. Riley restated a “neutral” rating on shares of Finish Line in a research note on Wednesday, November 1st. Piper Jaffray Companies restated an “underweight” rating and issued a $8.00 price target on shares of Finish Line in a research note on Monday, September 18th. BidaskClub downgraded Finish Line from a “buy” rating to a “hold” rating in a research note on Wednesday. Wells Fargo & Co decreased their price target on Finish Line from $12.00 to $9.00 and set a “market perform” rating for the company in a research note on Sunday, October 1st. Finally, Susquehanna Bancshares downgraded Finish Line from a “positive” rating to a “neutral” rating in a research note on Monday, October 2nd.

Finish Line (NASDAQ FINL) traded down $0.09 during trading hours on Friday, hitting $13.55. The company had a trading volume of 1,150,640 shares, compared to its average volume of 1,740,422. The company has a market capitalization of $534.98, a P/E ratio of 52.12, a PEG ratio of 1.92 and a beta of 1.37. Finish Line has a fifty-two week low of $6.90 and a fifty-two week high of $18.30.

Finish Line (NASDAQ:FINL) last posted its quarterly earnings data on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.36) by $0.10. The business had revenue of $378.50 million during the quarter, compared to the consensus estimate of $361.46 million. Finish Line had a positive return on equity of 5.43% and a negative net margin of 0.62%. Finish Line’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the company earned ($0.24) earnings per share. sell-side analysts predict that Finish Line will post 0.65 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. ING Groep NV acquired a new stake in shares of Finish Line in the third quarter valued at approximately $23,459,000. Numeric Investors LLC lifted its position in shares of Finish Line by 34.6% in the second quarter. Numeric Investors LLC now owns 1,845,310 shares of the specialty retailer’s stock valued at $26,148,000 after buying an additional 474,200 shares during the last quarter. State Street Corp lifted its position in shares of Finish Line by 6.5% in the second quarter. State Street Corp now owns 1,470,739 shares of the specialty retailer’s stock valued at $20,840,000 after buying an additional 90,370 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Finish Line by 29.5% in the third quarter. Schwab Charles Investment Management Inc. now owns 632,191 shares of the specialty retailer’s stock valued at $7,606,000 after buying an additional 144,124 shares during the last quarter. Finally, Prudential Financial Inc. lifted its holdings in Finish Line by 3.3% during the 3rd quarter. Prudential Financial Inc. now owns 462,090 shares of the specialty retailer’s stock worth $5,559,000 after purchasing an additional 14,900 shares during the last quarter. 99.96% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for Finish Line (NASDAQ:FINL)

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