Several brokerages have updated their recommendations and price targets on shares of Finish Line (NASDAQ: FINL) in the last few weeks:

  • 3/17/2017 – Finish Line had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $18.00 price target on the stock, down previously from $20.00.
  • 3/9/2017 – Finish Line was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
  • 3/9/2017 – Finish Line was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $18.00 price target on the stock, down previously from $23.00.
  • 3/2/2017 – Finish Line was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
  • 1/31/2017 – Finish Line was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
  • 1/30/2017 – Finish Line had its price target lowered by analysts at Susquehanna Bancshares Inc from $19.00 to $18.00. They now have a “neutral” rating on the stock.
  • 1/25/2017 – Finish Line had its price target lowered by analysts at Citigroup Inc from $21.00 to $19.00. They now have a “neutral” rating on the stock.

Shares of Finish Line Inc (NASDAQ:FINL) traded down 3.19% during mid-day trading on Monday, reaching $16.67. 1,295,990 shares of the company’s stock were exchanged. Finish Line Inc has a one year low of $15.90 and a one year high of $24.52. The company has a 50 day moving average price of $16.98 and a 200-day moving average price of $20.31. The stock’s market cap is $676.14 million.

Finish Line (NASDAQ:FINL) last announced its quarterly earnings results on Wednesday, December 21st. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.06. Finish Line had a negative net margin of 0.25% and a positive return on equity of 11.57%. The firm earned $371.70 million during the quarter, compared to the consensus estimate of $411.61 million. During the same period in the previous year, the business earned ($0.49) earnings per share. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, analysts predict that Finish Line Inc will post $1.24 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, March 13th. Shareholders of record on Friday, February 24th were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 2.64%. This is an increase from Finish Line’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, February 22nd. Finish Line’s dividend payout ratio (DPR) is presently -285.71%.

In other Finish Line news, Director Glenn S. Lyon sold 75,000 shares of the firm’s stock in a transaction on Thursday, December 29th. The shares were sold at an average price of $18.89, for a total value of $1,416,750.00. Following the completion of the transaction, the director now directly owns 117,088 shares of the company’s stock, valued at approximately $2,211,792.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.00% of the stock is owned by company insiders.

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.

5 Day Chart for NASDAQ:FINL

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