Finish Line (NASDAQ:FINL) Reaching An Inflection Point; BB&T Capital Mkts Coverage Initiated as “Hold”

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How BB&T Capital Mkts Currently Rates Finish Line (NASDAQ:FINL)

New York: Finish Line (NASDAQ:FINL) coverage was started with a “Hold” rating by analysts at BB&T Capital Mkts. This was revealed to clients and investors in analysts report on Friday, 4 December.

From a total of 18 analysts covering Finish Line (NASDAQ:FINL) stock, 9 rate it a ”Buy”, 1 a “Sell”, and 12 a ”Hold”. This means that 41% of the ratings are positive. The highest target price is $33 while the lowest target price is $19. The mean of all analyst targets is $24.64 with a 62.23% above today’s ($16.23) stock price. Finish Line was the topic of 13 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Wells Fargo initiated shares on November 19 with “Market Perform” rating. UBS maintained shares with “Neutral” rating and $21 target share price in a report from a September 28. B. Riley & Co maintained FINL stock in a recent report from September 28 with “Buy” rating. Barclays Capital maintained the rating on September 28. Barclays Capital has a “Equal Weight” rating and a $25 price target on shares. Finally, Piper Jaffray maintained the stock with “Overweight” rating in a report issued on a September 28.

Approximately 38,192 shares of stock traded hands. Finish Line Inc (NASDAQ:FINL) has declined 35.23% since May 1, 2015 and is downtrending. It has underperformed by 32.45% the S&P500.

Analysts await Finish Line Inc (NASDAQ:FINL) to reports earnings on December, 18. They expect $-0.03 earnings per share, down 50.00% or $0.01 from last year’s $-0.02 per share. After $0.57 actual earnings per share reported by Finish Line Inc for the previous quarter, Wall Street now forecasts -105.26% negative EPS growth.

Finish Line, Inc. is a specialty retailer. The company has a market cap of $727.85 million. The Firm operates two retail divisions, one under the Finish Line brand name and another under the Running Specialty Group . It has 9.1 P/E ratio. Finish Line is a retailer of athletic shoes, apparel, and accessories.

According to Zacks Investment Research, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers.” Get a free copy of the Zacks research report on Finish Line Inc (FINL).

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