Several brokerages have updated their recommendations and price targets on shares of The Finish Line (NASDAQ: FINL) in the last few weeks:

  • 10/2/2017 – The Finish Line was downgraded by analysts at UBS AG from a “positive” rating to a “neutral” rating.
  • 10/2/2017 – The Finish Line was downgraded by analysts at Susquehanna Bancshares Inc from a “positive” rating to a “neutral” rating.
  • 10/1/2017 – The Finish Line had its price target lowered by analysts at Wells Fargo & Company from $12.00 to $9.00. They now have a “market perform” rating on the stock.
  • 9/29/2017 – The Finish Line had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $12.00 price target on the stock.
  • 9/25/2017 – The Finish Line had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $12.00 price target on the stock, up previously from $9.00.
  • 9/25/2017 – The Finish Line had its price target raised by analysts at Canaccord Genuity from $8.00 to $9.00. They now have a “hold” rating on the stock.
  • 9/22/2017 – The Finish Line had its “hold” rating reaffirmed by analysts at FBR & Co. They now have a $9.00 price target on the stock.
  • 9/21/2017 – The Finish Line was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
  • 9/18/2017 – The Finish Line had its “underweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $8.00 price target on the stock.
  • 9/17/2017 – The Finish Line had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $13.00 price target on the stock.
  • 9/13/2017 – The Finish Line was upgraded by analysts at UBS AG from a “neutral” rating to a “positive” rating.
  • 9/13/2017 – The Finish Line was upgraded by analysts at Susquehanna Bancshares Inc from a “neutral” rating to a “positive” rating. They now have a $12.00 price target on the stock, up previously from $9.00.
  • 9/13/2017 – The Finish Line had its price target lowered by analysts at Morgan Stanley from $13.50 to $10.00. They now have an “equal weight” rating on the stock.
  • 8/29/2017 – The Finish Line was downgraded by analysts at FBR & Co from a “buy” rating to a “neutral” rating. They now have a $9.00 price target on the stock, down previously from $22.00.
  • 8/29/2017 – The Finish Line was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating. They now have a $5.00 price target on the stock, down previously from $14.00.
  • 8/29/2017 – The Finish Line was given a new $13.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/29/2017 – The Finish Line had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $8.00 price target on the stock, down previously from $14.00.
  • 8/29/2017 – The Finish Line was downgraded by analysts at Buckingham Research from a “neutral” rating to an “underperform” rating. They now have a $5.00 price target on the stock, down previously from $14.00. They wrote, “less differentiated” than its biggest rival, Foot Locker, Inc. (NYSE: FL).Perhaps more importantly, Finish Line’s outlook for “modest” free cash flow over the coming two years could put its dividend at risk.”In the past, consistent growth in the athletic footwear market had supported FINL, but with the category in a downturn and the future for brick and mortar retailers uncertain at best, it is unclear to us how FINL can reaccelerate growth in the next two to three years,” Krasik wrote.Finally, the analyst’s revised $5 price target is based on a 9x multiple on his fiscal 2019 earnings per share estimate of $0.52. This represents a discount versus the company’s three- and five-year averages of 12x and in line with Foot Locker’s multiple. Also, this multiple is “warranted and not necessarily conservative”
  • 8/29/2017 – The Finish Line was downgraded by analysts at Robert W. Baird to a “neutral” rating. They now have a $8.00 price target on the stock, down previously from $15.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 8/29/2017 – The Finish Line had its price target lowered by analysts at Susquehanna Bancshares Inc from $15.00 to $9.00. They now have a “neutral” rating on the stock.
  • 8/29/2017 – The Finish Line had its “underperform” rating reaffirmed by analysts at Bank of America Corporation. They now have a $8.00 price target on the stock, down previously from $10.00.
  • 8/29/2017 – The Finish Line had its “neutral” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $8.00 price target on the stock, down previously from $13.00.
  • 8/29/2017 – The Finish Line had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $15.00 price target on the stock, down previously from $18.00.
  • 8/29/2017 – The Finish Line was downgraded by analysts at Deutsche Bank AG from a “hold” rating to a “sell” rating. They now have a $5.00 price target on the stock, down previously from $15.00.
  • 8/28/2017 – The Finish Line was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
  • 8/21/2017 – The Finish Line was downgraded by analysts at Monness Crespi & Hardt from a “buy” rating to a “neutral” rating.
  • 8/21/2017 – The Finish Line had its “sell” rating reaffirmed by analysts at UBS AG. They now have a $9.00 price target on the stock, down previously from $14.00.
  • 8/20/2017 – The Finish Line was given a new $17.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/18/2017 – The Finish Line was downgraded by analysts at Bank of America Corporation from a “neutral” rating to an “underperform” rating.
  • 8/17/2017 – The Finish Line was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/10/2017 – The Finish Line was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/4/2017 – The Finish Line was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

The Finish Line, Inc. (NASDAQ:FINL) traded down 4.281% during trading on Monday, reaching $11.515. The company’s stock had a trading volume of 834,556 shares. The company’s market capitalization is $462.82 million. The company has a 50 day moving average price of $11.03 and a 200-day moving average price of $13.72. The Finish Line, Inc. has a 52 week low of $6.90 and a 52 week high of $24.50.

The Finish Line (NASDAQ:FINL) last posted its earnings results on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.01. The firm had revenue of $469.40 million during the quarter, compared to the consensus estimate of $478.25 million. The Finish Line had a negative net margin of 2.13% and a positive return on equity of 5.44%. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period last year, the firm posted $0.53 EPS. Equities research analysts anticipate that The Finish Line, Inc. will post $0.54 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, August 25th were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.66%. The ex-dividend date was Wednesday, August 23rd. The Finish Line’s dividend payout ratio (DPR) is presently -45.83%.

In other news, COO Melissa A. Greenwell sold 7,525 shares of the firm’s stock in a transaction that occurred on Saturday, July 15th. The shares were sold at an average price of $22.71, for a total transaction of $170,892.75. Following the completion of the transaction, the chief operating officer now directly owns 11,862 shares of the company’s stock, valued at approximately $269,386.02. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Melissa A. Greenwell sold 4,077 shares of the firm’s stock in a transaction that occurred on Saturday, July 29th. The stock was sold at an average price of $21.67, for a total transaction of $88,348.59. Following the transaction, the chief operating officer now directly owns 11,862 shares of the company’s stock, valued at $257,049.54. The disclosure for this sale can be found here. 6.00% of the stock is owned by corporate insiders.

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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