Press coverage about Finish Line (NASDAQ:FINL) has trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Finish Line earned a coverage optimism score of 0.30 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 44.9082174924427 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
FINL has been the topic of several recent research reports. Zacks Investment Research upgraded Finish Line from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Thursday, December 28th. BidaskClub upgraded Finish Line from a “hold” rating to a “buy” rating in a research report on Friday, December 29th. Cowen upgraded Finish Line from an “underperform” rating to a “hold” rating and set a $12.00 price objective on the stock in a research report on Thursday, December 21st. Canaccord Genuity set a $9.00 price objective on Finish Line and gave the company a “hold” rating in a research report on Wednesday, December 20th. Finally, Deutsche Bank upgraded Finish Line from a “sell” rating to a “hold” rating and set a $11.00 price objective on the stock in a research report on Thursday, December 14th. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the company’s stock. Finish Line currently has a consensus rating of “Hold” and a consensus target price of $11.29.
Finish Line (FINL) traded up $0.26 during midday trading on Friday, reaching $10.65. The company’s stock had a trading volume of 1,214,722 shares, compared to its average volume of 1,229,446. Finish Line has a 1-year low of $6.90 and a 1-year high of $18.30. The stock has a market cap of $429.47, a PE ratio of -38.03, a P/E/G ratio of 1.56 and a beta of 1.15.
Finish Line (NASDAQ:FINL) last released its quarterly earnings data on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share for the quarter, topping the 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 business had revenue of $378.50 million during the quarter, compared to analysts’ expectations of $361.46 million. During the same quarter last year, the business posted ($0.24) EPS. The business’s revenue was up 1.8% on a year-over-year basis. equities analysts expect that Finish Line will post 0.65 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 19th. Shareholders of record on Friday, March 2nd will be issued a $0.115 dividend. The ex-dividend date is Thursday, March 1st. This represents a $0.46 annualized dividend and a yield of 4.32%. This is a boost from Finish Line’s previous quarterly dividend of $0.11. Finish Line’s dividend payout ratio (DPR) is -157.14%.
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About 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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