The Finish Line, Inc. (NASDAQ:FINL)’s share price traded up 7.4% during trading on Friday . The company traded as high as $10.13 and last traded at $9.74. 2,732,015 shares were traded during mid-day trading, an increase of 49% from the average session volume of 1,831,477 shares. The stock had previously closed at $9.07.

A number of equities analysts have recently commented on the company. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $12.00 price objective on shares of The Finish Line in a research note on Friday, September 29th. Zacks Investment Research raised 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 target price on The Finish Line and gave the stock a “buy” rating in a research report on Sunday, August 20th. BidaskClub raised The Finish Line from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Canaccord Genuity reissued a “hold” rating and set a $8.00 target price (down from $14.00) on shares of The Finish Line in a research report on Tuesday, August 29th. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.60.

The company has a market capitalization of $395.05, a P/E ratio of 15.97, a PEG ratio of 1.79 and a beta of 1.33.

The Finish Line (NASDAQ:FINL) last posted its earnings results on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company 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 earnings per share. The Finish Line’s quarterly revenue was down 3.3% compared to the same quarter last year. equities research analysts predict that The Finish Line, Inc. will post 0.52 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 24th will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend is Wednesday, November 22nd. The Finish Line’s dividend payout ratio (DPR) is presently -45.83%.

A number of hedge funds have recently bought and sold shares of the stock. ING Groep NV bought a new position in The Finish Line in the 3rd quarter worth approximately $23,459,000. Thompson Siegel & Walmsley LLC raised its position in shares of The Finish Line by 8.2% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,917,439 shares of the specialty retailer’s stock valued at $27,170,000 after acquiring an additional 146,110 shares during the last quarter. Numeric Investors LLC raised its position in shares of The Finish Line by 34.6% during the 2nd quarter. Numeric Investors LLC now owns 1,845,310 shares of the specialty retailer’s stock valued at $26,148,000 after acquiring an additional 474,200 shares during the last quarter. Boston Partners raised its position in shares of The Finish Line by 2.7% during the 2nd quarter. Boston Partners now owns 1,794,536 shares of the specialty retailer’s stock valued at $25,429,000 after acquiring an additional 47,012 shares during the last quarter. Finally, State Street Corp raised its position in shares of The Finish Line by 6.5% during the 2nd quarter. State Street Corp now owns 1,470,739 shares of the specialty retailer’s stock valued at $20,840,000 after acquiring an additional 90,370 shares during the last quarter. Hedge funds and other institutional investors own 98.85% of the company’s stock.

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About The Finish Line

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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