The Finish Line (NASDAQ:FINL) : 9 brokerage houses believe that The Finish Line (NASDAQ:FINL) is a Strong Buy at current levels. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The Finish Line (NASDAQ:FINL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
The Finish Line (NASDAQ:FINL) has been rated by 16 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $25 and the lowest price target forecast is $18. The average forecast of all the analysts is $21.44 and the expected standard deviation is $2.42.
For the current week, the company shares have a recommendation consensus of Buy.
The Finish Line (NASDAQ:FINL): stock turned positive on Tuesday. Though the stock opened at $19.62, the bulls momentum made the stock top out at $20.02 level for the day. The stock recorded a low of $19.44 and closed the trading day at $19.65, in the green by 1.34%. The total traded volume for the day was 2,000,214. The stock had closed at $19.39 in the previous days trading.
In an insider trading activity, Langham Catherine A, director of Finish Line Inc /In/, unloaded 6,000 shares at an average price of $19.82 on April 19, 2016. The total amount of the transaction was worth $118,920, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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 5,463 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 3,630 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.