The Finish Line, Inc. (NASDAQ:FINL).
September 27 investment analysts at UBS made no change to the stock rating of “Neutral” but lowered the price expectation to $23.00 from $29.00. On September 26 the company was rated “Neutral” by Buckingham Research down from the previous “Buy” rating.
On September 21 B. Riley kept the company rating at “Buy” but raised the price target from $24.00 to $26.00. On September 12 the stock rating was downgraded from “Buy” to “Hold” by Deutsche Bank.
July 15 investment analysts at Deutsche Bank made no change to the company rating of “Buy” and lowered the price target from $25.00 to $23.00.
The company is so far trading up by 0.97 percent from yesterday’s close. The company also recently declared a dividend paid on Monday September 12th, 2016. The dividend payment was $0.100 per share for the quarter or $0.40 on an annualized basis. This dividend amount represented a yeild of $1.76. The ex-dividend date was Wednesday the 24th of August 2016.
Company chares are trading at $22.83 just below the 50 day moving average which is $23.36 and marginally over the 200 day moving average of $20.59. The 50 day moving average was down by -1.83% and the 200 day average moved up $2.34.
The Finish Line, Inc. currently has a P/E ratio of 72.56 and market capitalization is 930.09M. In the last earnings report the EPS was $0.32 and is projected to be $1.54 for the current year with 40,562,000 shares now outstanding. Next quarter’s EPS is estimated at $0.95 with next year’s EPS anticipated to be $1.76.
Short traders are more bullish on shares of the company recently as indicated by the decrease in short interest. The stock saw a fall in short interest from August 31, 2016 to September 15, 2016 of -0.00%. Short shares fell from 5,717,944 to 5,704,068 over that timeframe. Days to cover decreased from 7.1 to 6.4 and the percentage of shorted shares is 0.14% as of September 15.