Media stories about Finish Line (NASDAQ:FINL) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Finish Line earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.9171590037435 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
FINL has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Finish Line from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Thursday, December 28th. BidaskClub upgraded shares of Finish Line from a “hold” rating to a “buy” rating in a research report on Friday, December 29th. ValuEngine upgraded shares of Finish Line from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Cowen upgraded shares of Finish Line from an “underperform” rating to a “hold” rating and set a $12.00 price target for the company in a research report on Thursday, December 21st. Finally, Canaccord Genuity set a $9.00 target price on shares of Finish Line and gave the stock a “hold” rating in a report on Wednesday, December 20th. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $11.53.
FINL stock traded down $0.06 during trading on Thursday, reaching $13.50. The company had a trading volume of 532,225 shares, compared to its average volume of 1,804,813. Finish Line has a 52 week low of $6.90 and a 52 week high of $16.38. The company has a market cap of $544.40, a P/E ratio of 19.57, a PEG ratio of 1.80 and a beta of 0.89.
Finish Line (NASDAQ:FINL) last released its quarterly earnings results on Thursday, March 29th. The specialty retailer reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.01. Finish Line had a net margin of 0.78% and a return on equity of 6.32%. The company had revenue of $561.30 million during the quarter, compared to the consensus estimate of $575.43 million. During the same period in the prior year, the firm earned $0.50 earnings per share. Finish Line’s revenue was up .7% on a year-over-year basis. equities research analysts anticipate that Finish Line will post 0.7 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, March 19th. Investors of record on Friday, March 2nd were paid a $0.115 dividend. This is an increase from Finish Line’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Thursday, March 1st. Finish Line’s dividend payout ratio is presently 66.67%.
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About Finish Line
The Finish Line, Inc, together with its subsidiaries, operates as a retailer of athletic shoes, apparel, and accessories for men, women, and kids in the United States. The company offers athletic shoes, as well as an assortment of apparel and accessories of Nike, Brand Jordan, adidas, Under Armour, Puma, and other brands.
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