Somewhat Favorable News Coverage Somewhat Unlikely to Impact The Finish Line (FINL) Stock Price
News headlines about The Finish Line (NASDAQ:FINL) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 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. The Finish Line earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 45.312722600742 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts have weighed in on FINL shares. Jefferies Group set a $17.00 target price on shares of The Finish Line and gave the company a “buy” rating in a report on Sunday, August 20th. Barclays reiterated an “equal weight” rating and issued a $15.00 target price (down from $18.00) on shares of The Finish Line in a report on Tuesday, August 29th. Morgan Stanley decreased their target price on shares of The Finish Line from $13.50 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 13th. Canaccord Genuity reiterated a “hold” rating and issued a $8.00 target price (down from $14.00) on shares of The Finish Line in a report on Tuesday, August 29th. Finally, BidaskClub upgraded shares of The Finish Line from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Seven investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $10.70.
The Finish Line (NASDAQ:FINL) opened at $10.54 on Wednesday. The Finish Line has a fifty-two week low of $6.90 and a fifty-two week high of $24.50. The company has a market cap of $410.47, a P/E ratio of 16.59, a PEG ratio of 1.88 and a beta of 1.33.
The Finish Line (NASDAQ:FINL) last issued its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $469.40 million for the quarter, compared to analyst estimates of $478.25 million. During the same period in the prior year, the business posted $0.53 EPS. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. research analysts forecast that The Finish Line 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. Stockholders of record on Friday, November 24th will be issued a $0.11 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.44 annualized dividend and a dividend yield of 4.17%. The Finish Line’s dividend payout ratio is currently -45.83%.
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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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