The Finish Line, Inc. (FINL): Some of the key technical areas

Traders work on the floor of the New York Stock Exchange in New York U.S. on Monday Aug. 21 2017

BidaskClub downgraded shares of The Finish Line from a hold rating to a sell rating in a research report on Thursday, August 17th. They presently have a $8.00 price objective on the specialty retailer's stock, down from their prior price objective of $14.00. Further, analysts have a 12 month target price of $23.86 on company shares. The firm earned "Buy" rating on Monday, May 22 by Monness Crespi & Hardt. FBR & Co reissued a "buy" rating and set a $22.00 price target on shares of The Finish Line in a research report on Tuesday, June 27th. They noted that the move was a valuation call.

Among 21 analysts covering Finish Line (NASDAQ:FINL), 4 have Buy rating, 1 Sell and 16 Hold. $21.06's average target is 166.92% above currents $7.89 stock price. Five analysts have rated the stock with a sell rating and seventeen have issued a hold rating to the stock. Finish Line had 56 analyst reports since August 3, 2015 according to SRatingsIntel. About 450 shares traded. (NASDAQ:FINL) shares have been recorded gapping down -29.85% between sessions as the stock now sits at $6.95 before the bell.

Analysts polled by FactSet had predicted earnings of 37 cents a share on sales of $477 million. Finish Line has $33 highest and $1300 lowest target. (NASDAQ:FINL) was recently trading -51.41% away from the 50-day high and -25.92% removed from the 50-day low. Thompson Siegel Walmsley Ltd Llc stated it has 0.3% of its portfolio in Finish Line Inc (NASDAQ:FINL). The specialty retailer reported $0.23 EPS for the quarter, hitting the Zacks' consensus estimate of $0.23. The Finish Line had a negative net margin of 1.05% and a positive return on equity of 8.97%.

More notable recent Finish Line Inc (NASDAQ:FINL) news were published by: Businesswire.com which released: "Finish Line Announces Preliminary Second Quarter Results and Updated Fiscal ..." on August 28, 2017, also Seekingalpha.com with their article: "The Finish Line Remains A Value Trap" published on August 02, 2017, Businesswire.com published: "Finish Line and Migos Join Forces for Creative Partnership" on August 24, 2017. During the same quarter in the previous year, the company earned $0.23 EPS. The firm's revenue for the quarter was up.0% on a year-over-year basis.

WARNING: "The Finish Line, Inc". BB&T Capital upgraded the stock to "Buy" rating in Monday, March 28 report. If you are accessing this news story on another website, it was illegally stolen and republished in violation of United States & worldwide trademark & copyright laws. Stock" with publication date: "August 24, 2017. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Melissa A. Greenwell sold 7,525 shares of the stock in a transaction dated Saturday, July 15th. It increased, as 35 investors sold Finish Line Inc shares while 49 reduced holdings. The disclosure for this sale can be found here.

Hedge funds have recently modified their holdings of the company.

Investors sentiment decreased to 1 in Q4 2016. LSV Asset Management now owns 2,044,159 shares of the specialty retailer's stock valued at $29,088,000 after buying an additional 195,891 shares during the period. Pacific Ridge Capital Partners LLC increased its position in shares of The Finish Line by 29.9% in the first quarter. Prudential Financial Inc now owns 447,190 shares worth $6,337,000. Canada Pension Plan Investment Board increased its position in The Finish Line by 19.7% in the first quarter.

The stock decreased 1.17% or $1.8 during the last trading session, reaching $152. Based on the decline in sales and pressure on gross margin from increased markdowns, it now expects to report second-quarter earnings in the range of $0.08 to $0.12 per share.

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