Brokerage firm UBS Maintains its rating on Finish Line Inc(NASDAQ:FINL). In a research note issued to the investors, the brokerage major Raises the price-target to $23.00 per share. The shares have been rated Neutral. The rating by UBS was issued on Sep 27, 2016.
In a different note, On Sep 26, 2016, Buckingham Research said it Downgrades its rating on Finish Line Inc. The shares have been rated ‘Neutral’ by the firm. On Sep 21, 2016, B. Riley said it Maintains its rating on Finish Line Inc. In the research note, the firm Raises the price-target to $22.00 per share. The shares have been rated ‘Buy’ by the firm. On Sep 12, 2016, Deutsche Bank said it Downgrades its rating on Finish Line Inc. The shares have been rated ‘Hold’ by the firm. On Jul 15, 2016, Deutsche Bank said it Maintains its rating on Finish Line Inc. In the research note, the firm Raises the price-target to $22.00 per share. The shares have been rated ‘Buy’ by the firm.
Finish Line Inc (FINL) shares turned negative on Fridays trading session with the shares closing down -0.04 points or -0.17% at a volume of 7,97,590. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.53. The peak price level was also seen at $23.53 while the days lowest was $23.06. Finally the shares closed at $23.08. The 52-week high of the shares is $24.52 while the 52-week low is $15.37. According to the latest information available, the market cap of the company is $936 M.
Finish Line Inc(FINL) last announced its earnings results on Sep 23, 2016 for Fiscal Year 2017 and Q2.Company reported revenue of $509.40M. Analysts had an estimated revenue of $495.04M. Earnings per share were $0.53. Analysts had estimated an EPS of $0.53.
Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Stephen Goldsmith (director) sold 4,000 shares at $21.73 per share price.Also, On Jul 18, 2016, Norman H Gurwitz (director) sold 2,500 shares at $22.10 per share price.On Jul 6, 2016, Catherine A Langham (director) sold 18,000 shares at $20.30 per share price, according to the Form-4 filing with the securities and exchange commission.
Finish Line Inc. is a specialty retailer. The Company operates two retail divisions one under the Finish Line brand name and another under the Running Specialty Group (Running Specialty). Finish Line is a retailer of athletic shoes apparel and accessories. As of April 3 2015 the Company operated 634 Finish Line stores which average 5463 square feet in 45 states in the United States and Puerto Rico. In addition the Company operates an e-commerce site www.finishline.com as well as mobile commerce through m.finishline.com. Its Running Specialty is an active lifestyle retailer of running shoes apparel and accessories. As of April 3 2015 the Company operated 76 Running Specialty stores which average 3630 square feet in 17 states in the United States and the District of Columbia. In addition Running Specialty operates the e-commerce site www.boulderrunningcompany.com as well as the informational site www.run.com.