Deutsche Bank upgraded shares of Finish Line (NASDAQ:FINL) from a sell rating to a hold rating in a report issued on Thursday. They currently have $11.00 price target on the specialty retailer’s stock.

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded Finish Line from a hold rating to a sell rating in a research note on Monday, August 28th. Susquehanna Bancshares raised Finish Line from a neutral rating to a positive rating and boosted their target price for the stock from $9.00 to $12.00 in a research report on Wednesday, September 13th. Cowen set a $10.00 target price on Finish Line and gave the stock a hold rating in a research report on Monday, October 23rd. Morgan Stanley cut their target price on Finish Line from $13.50 to $10.00 and set an equal weight rating on the stock in a research report on Wednesday, September 13th. Finally, Citigroup lowered Finish Line from a neutral rating to a sell rating and cut their target price for the stock from $14.00 to $5.00 in a research report on Tuesday, August 29th. Five analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $11.00.

Shares of Finish Line (NASDAQ FINL) traded up $0.41 during mid-day trading on Thursday, reaching $12.13. The company’s stock had a trading volume of 3,787,376 shares, compared to its average volume of 1,797,416. Finish Line has a one year low of $6.90 and a one year high of $23.61. The firm has a market cap of $474.96, a price-to-earnings ratio of 19.20, a PEG ratio of 2.17 and a beta of 1.39.

Finish Line (NASDAQ:FINL) last posted its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. Finish Line had a positive return on equity of 5.44% and a negative net margin of 2.13%. The company had revenue of $469.40 million for the quarter, compared to the consensus estimate of $478.25 million. During the same quarter in the previous year, the business earned $0.53 EPS. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. research analysts expect that Finish Line will post 0.52 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, November 24th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.44 annualized dividend and a dividend yield of 3.63%. Finish Line’s dividend payout ratio (DPR) is presently -45.83%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Texas Permanent School Fund boosted its stake in Finish Line by 0.3% during the 2nd quarter. Texas Permanent School Fund now owns 29,462 shares of the specialty retailer’s stock valued at $417,000 after purchasing an additional 96 shares during the period. Tocqueville Asset Management L.P. boosted its stake in Finish Line by 0.6% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 23,854 shares of the specialty retailer’s stock valued at $338,000 after purchasing an additional 154 shares during the period. NGAM Advisors L.P. boosted its stake in Finish Line by 1.6% during the 2nd quarter. NGAM Advisors L.P. now owns 15,461 shares of the specialty retailer’s stock valued at $219,000 after purchasing an additional 240 shares during the period. QS Investors LLC boosted its stake in Finish Line by 0.5% during the 2nd quarter. QS Investors LLC now owns 225,029 shares of the specialty retailer’s stock valued at $3,189,000 after purchasing an additional 1,212 shares during the period. Finally, Teachers Advisors LLC boosted its stake in Finish Line by 1.8% during the 2nd quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock valued at $1,055,000 after purchasing an additional 1,313 shares during the period. Institutional investors own 99.96% of the company’s stock.

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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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