Positive News Coverage Somewhat Unlikely to Affect Finish Line (FINL) Share Price

Media coverage about Finish Line (NASDAQ:FINL) has trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Finish Line earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 44.9082174924427 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

A number of analysts have commented on FINL shares. Cowen set a $10.00 target price on Finish Line and gave the stock a “hold” rating in a report on Monday, October 23rd. BidaskClub raised Finish Line from a “sell” rating to a “hold” rating in a report on Friday, December 15th. B. Riley lifted their target price on Finish Line from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, December 28th. Buckingham Research set a $7.00 target price on Finish Line and gave the stock a “sell” rating in a report on Monday, December 25th. Finally, Zacks Investment Research raised Finish Line from a “sell” rating to a “hold” rating in a report on Monday, November 20th. 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. The stock currently has an average rating of “Hold” and a consensus target price of $11.29.

Finish Line (NASDAQ FINL) traded down $0.14 during midday trading on Friday, reaching $10.15. The company had a trading volume of 1,025,798 shares, compared to its average volume of 1,276,222. The stock has a market capitalization of $409.31, a P/E ratio of -36.25, a PEG ratio of 1.49 and a beta of 1.15. Finish Line has a 12 month low of $6.90 and a 12 month high of $18.15.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, March 19th. Investors of record on Friday, March 2nd will be given a dividend of $0.115 per share. The ex-dividend date is Thursday, March 1st. This is an increase from Finish Line’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 4.53%. Finish Line’s payout ratio 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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