The Finish Line, Inc. (NASDAQ:FINL) is scheduled to be releasing its earnings data before the market opens on Friday, September 22nd. Analysts expect The Finish Line to post earnings of $0.38 per share for the quarter. The Finish Line has set its FY18 guidance at $1.12-1.23 EPS.
The Finish Line (NASDAQ:FINL) last announced its quarterly earnings data on Friday, June 23rd. The specialty retailer reported $0.23 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.23. The company had revenue of $429.80 million during the quarter, compared to analyst estimates of $433.97 million. The Finish Line had a negative net margin of 1.05% and a positive return on equity of 8.97%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the business earned $0.23 EPS. On average, analysts expect The Finish Line to post $0.57 EPS for the current fiscal year and $0.66 EPS for the next fiscal year.
The Finish Line, Inc. (NASDAQ FINL) opened at 9.43 on Thursday. The Finish Line, Inc. has a one year low of $6.90 and a one year high of $24.50. The firm’s 50-day moving average is $11.03 and its 200 day moving average is $13.72. The firm’s market capitalization is $378.58 million. The Finish Line also was the target of unusually large options trading activity on Monday. Investors purchased 12,555 put options on the company. This is an increase of approximately 1,002% compared to the typical daily volume of 1,139 put options.
The business also recently announced a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Friday, August 25th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date was Wednesday, August 23rd. The Finish Line’s dividend payout ratio (DPR) is currently -89.80%.
A number of equities analysts recently issued reports on FINL shares. Robert W. Baird lowered shares of The Finish Line to a “neutral” rating and dropped their target price 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. Canaccord Genuity set a $14.00 target price on shares of The Finish Line and gave the stock a “hold” rating in a research report on Thursday, June 22nd. UBS AG reaffirmed 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. BidaskClub lowered shares of The Finish Line from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Finally, Cowen and Company reaffirmed a “hold” rating and set a $13.00 target price on shares of The Finish Line in a research report on Sunday. Seven equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $11.55.
In other news, COO Melissa A. Greenwell sold 7,525 shares of the business’s stock in a transaction on Saturday, July 15th. The shares were sold at an average price of $22.71, for a total value of $170,892.75. Following the sale, the chief operating officer now owns 11,862 shares in the company, valued at approximately $269,386.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Melissa A. Greenwell sold 4,077 shares of the business’s stock in a transaction on Saturday, July 29th. The shares were sold at an average price of $21.67, for a total transaction of $88,348.59. Following the completion of the sale, the chief operating officer now owns 11,862 shares in the company, valued at approximately $257,049.54. The disclosure for this sale can be found here. 6.00% of the stock is currently owned by insiders.
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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.
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