Impact of Brokerage Rating on The Finish Line, Inc.(FINL)

Many The Finish Line, Inc.(FINL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Finish Line Inc was Downgraded by BofA/Merrill to Neutral on Dec 22, 2016. Finish Line Inc was Downgraded by Monness Crespi & Hardt to Neutral on Dec 22, 2016. Finish Line Inc was Downgraded by Wedbush on Dec 22, 2016 to Neutral, Lowers Price Target to $ 20 from a previous price target of $25 .Finish Line Inc was Downgraded by Citigroup to Neutral on Dec 19, 2016. Finish Line Inc was Initiated by Mizuho on Dec 15, 2016 to Buy, Price Target of the shares are set at $29.

Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Norman H Gurwitz (director) sold 800 shares at 16.97 per share price.On Jan 3, 2017, Glenn S Lyon (director) sold 75,000 shares at 18.89 per share price.On Aug 3, 2016, Stephen Goldsmith (director) sold 4,000 shares at 21.73 per share price.

Finish Line Inc Last issued its quarterly earnings results on Dec 21, 2016. The company reported $-0.24 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $-0.18. The company had revenue of $371.70 million for the quarter, compared to analysts expectations of $411.33 million. The companys revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.07 EPS.

The Finish Line, Inc. (NASDAQ:FINL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.75 by 16 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 14 Brokerage Firms have advised hold.

The Finish Line, Inc. (NASDAQ:FINL) shares are expected to touch $21.16 in the short term. This short term price target has been shared by 16 analysts. However, the standard deviation of short term price estimate has been valued at 2.89. The target price could hit $26 on the higher end and $17 on the lower end.

The Finish Line, Inc. (NASDAQ:FINL) rose 1.4% or 0.25 points on Tuesday and made its way into the gainers of the day. After trading began at $17.79 the stock was seen hitting $18.255 as a peak level and $17.57 as the lowest level. The stock ended up at $18.14. The daily volume was measured at 1,366,486 shares. The 52-week high of the share price is $24.52 and the 52-week low is $16.55. The company has a market cap of $736 million.

The Finish Line, Inc. together with its wholly owned subsidiary Spikes 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 mens, womens and childrens 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.

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