Finish Line Inc (FINL) Given Consensus Rating of “Hold” by Brokerages

Finish Line Inc (NASDAQ:FINL) has been given an average recommendation of “Hold” by the twenty-two research firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $11.11.

FINL has been the topic of several recent analyst reports. Cowen set a $10.00 price target on Finish Line and gave the company a “hold” rating in a research note on Monday, October 23rd. Buckingham Research lifted their price target on Finish Line from $5.00 to $7.00 and gave the company an “underperform” rating in a research note on Monday, November 20th. Deutsche Bank upgraded Finish Line from a “sell” rating to a “hold” rating and set a $11.00 price target on the stock in a research note on Thursday, December 14th. Zacks Investment Research upgraded Finish Line from a “sell” rating to a “hold” rating in a research note on Monday, November 20th. Finally, Piper Jaffray Companies reiterated an “underweight” rating and issued a $8.00 price target on shares of Finish Line in a research note on Monday, September 18th.

Shares of Finish Line (NASDAQ FINL) traded down $0.09 on Friday, hitting $13.55. The stock had a trading volume of 1,150,640 shares, compared to its average volume of 1,740,422. Finish Line has a one year low of $6.90 and a one year high of $18.30. The company has a market cap of $534.98, a price-to-earnings ratio of 52.12, a price-to-earnings-growth ratio of 1.92 and a beta of 1.37.

Finish Line (NASDAQ:FINL) last issued its quarterly earnings results on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.36) by $0.10. Finish Line had a positive return on equity of 5.43% and a negative net margin of 0.62%. The company had revenue of $378.50 million for the quarter, compared to analyst estimates of $361.46 million. During the same quarter last year, the company posted ($0.24) EPS. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. equities analysts expect that Finish Line will post 0.65 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. QS Investors LLC lifted its holdings in Finish Line by 0.5% during the 2nd quarter. QS Investors LLC now owns 225,029 shares of the specialty retailer’s stock worth $3,189,000 after buying an additional 1,212 shares during the period. Teachers Advisors LLC lifted its holdings in Finish Line by 1.8% during the 2nd quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock worth $1,055,000 after buying an additional 1,313 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Finish Line by 15.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,969 shares of the specialty retailer’s stock worth $155,000 after buying an additional 1,504 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Finish Line by 14.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 35,695 shares of the specialty retailer’s stock worth $506,000 after buying an additional 4,441 shares during the period. Finally, Legal & General Group Plc lifted its holdings in Finish Line by 7.5% during the 2nd quarter. Legal & General Group Plc now owns 76,273 shares of the specialty retailer’s stock worth $1,081,000 after buying an additional 5,327 shares during the period. 99.96% of the stock is currently owned by hedge funds and other 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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