Somewhat Positive Media Coverage Somewhat Unlikely to Impact Finish Line (FINL) Share Price
News headlines about Finish Line (NASDAQ:FINL) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Finish Line earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 45.9005638295276 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 research analysts have recently issued reports on FINL shares. Robert W. Baird downgraded shares of Finish Line to a “neutral” rating and lowered their price objective for the stock from $15.00 to $8.00 in a research report on Tuesday, August 29th. They noted that the move was a valuation call. Susquehanna Bancshares Inc downgraded shares of Finish Line from a “positive” rating to a “neutral” rating in a research report on Monday, October 2nd. Cowen and Company set a $10.00 price objective on shares of Finish Line and gave the stock a “hold” rating in a research report on Monday, October 23rd. UBS AG reissued a “sell” rating and set a $9.00 price objective (down previously from $14.00) on shares of Finish Line in a research report on Monday, August 21st. Finally, Wells Fargo & Company lowered their price objective on shares of Finish Line from $12.00 to $9.00 and set a “market perform” rating for the company in a research report on Sunday, October 1st. Six research analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the company’s stock. Finish Line presently has a consensus rating of “Hold” and a consensus target price of $10.75.
Shares of Finish Line (NASDAQ:FINL) traded up $0.05 during trading on Friday, hitting $9.69. 1,010,000 shares of the company traded hands, compared to its average volume of 2,060,000. The company has a market cap of $389.48, a price-to-earnings ratio of 15.89, a PEG ratio of 1.76 and a beta of 1.33. Finish Line has a 12 month low of $6.90 and a 12 month high of $24.50.
Finish Line (NASDAQ:FINL) last posted its earnings results on Friday, September 22nd. The specialty retailer reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. Finish Line had a net margin of 0.71% and a return on equity of 2.96%. The business had revenue of $469.40 million for the quarter, compared to the consensus estimate of $478.25 million. During the same period last year, the company earned $0.53 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year. analysts expect that Finish Line will post 0.53 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 24th will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.44 annualized dividend and a yield of 4.54%. Finish Line’s dividend payout ratio is presently 137.50%.
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.
Receive News & Ratings for Finish Line Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finish Line Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.