Headlines about The Finish Line (NASDAQ:FINL) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Finish Line earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 46.6007704824871 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- The Finish Line, Inc. (FINL) Short Interest Down 17.4% in October (americanbankingnews.com)
- Brokerages Anticipate The Finish Line, Inc. (FINL) Will Announce Quarterly Sales of $360.91 Million (americanbankingnews.com)
- Zacks: Analysts Expect The Finish Line, Inc. (FINL) to Announce -$0.37 Earnings Per Share (americanbankingnews.com)
- The Finish Line, Inc. (FINL) Given a $10.00 Price Target by Cowen and Company Analysts (americanbankingnews.com)
- The Finish Line, Inc. (FINL) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Shares of The Finish Line (FINL) traded down 3.68% during midday trading on Monday, reaching $9.68. The company had a trading volume of 1,052,735 shares. The company has a 50 day moving average price of $10.49 and a 200-day moving average price of $12.75. The Finish Line has a one year low of $6.90 and a one year high of $24.50. The firm’s market capitalization is $389.07 million.
The Finish Line (NASDAQ:FINL) last released its quarterly earnings results on Friday, September 22nd. The specialty retailer reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $469.40 million during the quarter, compared to analyst estimates 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 business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. On average, analysts anticipate that The Finish Line will post $0.54 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.54%. The Finish Line’s dividend payout ratio (DPR) is currently -45.83%.
A number of analysts have recently commented on the company. Wells Fargo & Company restated a “market perform” rating and issued a $12.00 price target (up from $9.00) on shares of The Finish Line in a report on Monday, September 25th. Deutsche Bank AG lowered The Finish Line from a “hold” rating to a “sell” rating and cut their price target for the company from $15.00 to $5.00 in a report on Tuesday, August 29th. UBS AG upgraded The Finish Line from a “neutral” rating to a “positive” rating in a report on Wednesday, September 13th. Cowen and Company restated a “hold” rating and issued a $13.00 price target on shares of The Finish Line in a report on Sunday, September 17th. Finally, Jefferies Group LLC set a $17.00 price target on The Finish Line and gave the company a “buy” rating in a report on Sunday, August 20th. Six investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $10.75.
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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