Media coverage about The Finish Line (NASDAQ:FINL) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Finish Line earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 46.2774251257329 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s analysis:
- Finish Line: How Will They Fare After The Poison Pill? (seekingalpha.com)
- Finish Line Second Quarter Fiscal Year 2018 Earnings Release Notification (finance.yahoo.com)
- The Finish Line, Inc. (FINL) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- The Finish Line Youth Foundation Donates $401,150 in Q2 2017 (finance.yahoo.com)
A number of equities analysts recently issued reports on FINL shares. Monness Crespi & Hardt raised shares of The Finish Line from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $14.09 to $17.00 in a research report on Monday, May 22nd. They noted that the move was a valuation call. Canaccord Genuity reaffirmed a “hold” rating and set a $14.00 target price on shares of The Finish Line in a research report on Friday, May 26th. Jefferies Group LLC reaffirmed a “buy” rating and set a $19.00 target price on shares of The Finish Line in a research report on Friday, June 9th. Zacks Investment Research raised shares of The Finish Line from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Finally, Wedbush reaffirmed a “neutral” rating and set a $15.00 target price on shares of The Finish Line in a research report on Friday, June 16th. Seven analysts have rated the stock with a sell rating, fifteen have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $11.79.
Shares of The Finish Line (FINL) traded up 3.62% on Tuesday, reaching $9.74. 2,000,647 shares of the company traded hands. The Finish Line has a one year low of $6.90 and a one year high of $24.50. The firm’s 50 day moving average is $11.71 and its 200 day moving average is $14.04. The company’s market capitalization is $391.02 million.
The Finish Line (NASDAQ:FINL) last released its earnings results on Friday, June 23rd. The specialty retailer reported $0.23 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.23. The Finish Line had a positive return on equity of 8.97% and a negative net margin of 1.05%. The firm had revenue of $429.80 million for the quarter, compared to analysts’ expectations of $433.97 million. During the same quarter in the previous year, the business posted $0.23 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. Analysts expect that The Finish Line will post $0.53 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, August 25th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Wednesday, August 23rd. The Finish Line’s dividend payout ratio is presently -89.80%.
In other news, COO Melissa A. Greenwell sold 7,525 shares of The Finish Line stock in a transaction dated Saturday, July 15th. The stock was sold at an average price of $22.71, for a total transaction of $170,892.75. Following the sale, the chief operating officer now directly owns 11,862 shares of the company’s stock, valued at $269,386.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Melissa A. Greenwell sold 4,077 shares of The Finish Line stock in a transaction dated Saturday, July 29th. The shares were sold at an average price of $21.67, for a total value of $88,348.59. Following the sale, the chief operating officer now directly owns 11,862 shares in the company, valued at $257,049.54. The disclosure for this sale can be found here. Insiders own 6.00% of the company’s stock.
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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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