The Finish Line, Inc. (NASDAQ:FINL)‘s stock had its “equal weight” rating reiterated by analysts at Barclays PLC in a research note issued on Tuesday. They currently have a $15.00 price target on the specialty retailer’s stock, down from their prior price target of $18.00. Barclays PLC’s target price points to a potential upside of 82.04% from the stock’s current price.

A number of other research analysts also recently commented on the company. Monness Crespi & Hardt upgraded The Finish Line from a “neutral” rating to a “buy” rating and increased their target price for the company from $14.09 to $17.00 in a research report on Monday, May 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded The Finish Line from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Bank of America Corporation increased their target price on The Finish Line from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, July 21st. FBR & Co reiterated a “buy” rating and set a $22.00 target price on shares of The Finish Line in a research report on Tuesday, June 27th. Finally, BidaskClub downgraded The Finish Line from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Seven equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.55.

The Finish Line (FINL) opened at 8.24 on Tuesday. The Finish Line has a 52-week low of $8.06 and a 52-week high of $24.52. The firm’s market capitalization is $330.80 million. The company’s 50-day moving average is $13.13 and its 200-day moving average is $14.66.

The Finish Line (NASDAQ:FINL) last posted its quarterly earnings results 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 Finish Line had a positive return on equity of 8.97% and a negative net margin of 1.05%. The business had revenue of $429.80 million during the quarter, compared to the consensus estimate of $433.97 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. Analysts forecast that The Finish Line will post $0.71 EPS for the current fiscal year.

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In other The Finish Line news, COO Melissa A. Greenwell sold 4,077 shares of the stock in a transaction on Saturday, July 29th. The stock was sold at an average price of $21.67, for a total value of $88,348.59. Following the sale, the chief operating officer now owns 11,862 shares in the company, valued at $257,049.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Melissa A. Greenwell sold 7,525 shares of the stock in a transaction on Saturday, July 15th. The stock was sold at an average price of $22.71, for a total value of $170,892.75. Following the completion of the sale, the chief operating officer now owns 11,862 shares in the company, valued at approximately $269,386.02. The disclosure for this sale can be found here. Company insiders own 6.00% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in FINL. Texas Permanent School Fund raised its stake in The Finish Line by 0.3% in the second quarter. Texas Permanent School Fund now owns 29,462 shares of the specialty retailer’s stock worth $417,000 after buying an additional 96 shares during the last quarter. Tocqueville Asset Management L.P. raised its stake in The Finish Line by 0.6% in the second quarter. Tocqueville Asset Management L.P. now owns 23,854 shares of the specialty retailer’s stock worth $338,000 after buying an additional 154 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in The Finish Line by 1.2% in the first quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the specialty retailer’s stock worth $235,000 after buying an additional 200 shares during the last quarter. Arizona State Retirement System raised its stake in The Finish Line by 1.0% in the first quarter. Arizona State Retirement System now owns 21,119 shares of the specialty retailer’s stock worth $301,000 after buying an additional 200 shares during the last quarter. Finally, NGAM Advisors L.P. raised its stake in The Finish Line by 1.6% in the second quarter. NGAM Advisors L.P. now owns 15,461 shares of the specialty retailer’s stock worth $219,000 after buying an additional 240 shares during the last quarter. Institutional investors and hedge funds own 99.94% 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.

Analyst Recommendations for The Finish Line (NASDAQ:FINL)

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