The Finish Line (NASDAQ:FINL) Earning Somewhat Favorable Press Coverage, Study Finds

News articles about The Finish Line (NASDAQ:FINL) have trended somewhat positive on Friday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Finish Line earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the specialty retailer an impact score of 46.2529261134815 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

The Finish Line (NASDAQ:FINL) traded down 2.90% during midday trading on Friday, reaching $10.05. 867,010 shares of the company were exchanged. The Finish Line has a 52-week low of $6.90 and a 52-week high of $24.50. The company’s market capitalization is $403.94 million. The company has a 50 day moving average of $10.43 and a 200-day moving average of $12.86.

The Finish Line (NASDAQ:FINL) last released its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.01. The Finish Line had a positive return on equity of 5.44% and a negative net margin of 2.13%. The business had revenue of $469.40 million during the quarter, compared to analyst estimates of $478.25 million. During the same quarter in the previous year, the firm posted $0.53 EPS. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. On average, equities research analysts anticipate that The Finish Line will post $0.54 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors 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 yield of 4.38%. The Finish Line’s dividend payout ratio is currently -45.83%.

A number of equities analysts have weighed in on FINL shares. Robert W. Baird lowered shares of The Finish Line to a “neutral” rating and dropped their price target for the stock from $15.00 to $8.00 in a research report on Tuesday, August 29th. They noted that the move was a valuation call. Susquehanna Bancshares Inc lowered shares of The Finish Line from a “positive” rating to a “neutral” rating in a research report on Monday, October 2nd. Cowen and Company set a $10.00 target price on shares of The Finish Line and gave the stock a “hold” rating in a research report on Monday. UBS AG restated a “sell” rating and set a $9.00 target price (down previously from $14.00) on shares of The Finish Line in a research report on Monday, August 21st. Finally, Wells Fargo & Company dropped their target price on shares of The Finish Line from $12.00 to $9.00 and set a “market perform” rating for the company in a research report on Sunday, October 1st. Six research analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $10.75.

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In related news, COO Melissa A. Greenwell sold 4,077 shares of the business’s stock in a transaction that occurred on Saturday, July 29th. The stock was sold at an average price of $21.67, for a total transaction of $88,348.59. Following the completion of the transaction, the chief operating officer now owns 11,862 shares in the company, valued at approximately $257,049.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.00% of the company’s stock.

The Finish Line Company Profile

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.

Insider Buying and Selling by Quarter for The Finish Line (NASDAQ:FINL)

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