Why Finish Line Earnings Are Not Enough for Investors

Audrey Hill
March 26, 2017

The company posted a net basic EPS of $0.48 for the 12 month period ended 2016-11-30 and $0.48 for the quarter ended 2016-11-30. The stock has "Outperform" rating by Imperial Capital on Monday, May 16. During the same period in the prior year, the firm posted $0.83 EPS. The PSR is useful because it is effectively an indicator of the value placed on each dollar of a company's sales or revenues. Stockholders of record on Friday, February 24th were paid a $0.11 dividend. The ex-dividend date was Wednesday, February 22nd. This represents a $0.44 dividend on an annualized basis and a yield of 2.56%. Mizuho restated a buy rating and issued a $23.00 price target (down previously from $29.00) on shares of Finish Line in a research report on Wednesday, December 21st. Finish Line's payout ratio is now -285.71%.

Shares of Finish Line (NASDAQ:FINL) opened at 16.67 on Friday.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -23.89%, and has a poor year to date (YTD) performance of -17.55% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

Among 21 analysts covering Finish Line (NASDAQ:FINL), 4 have Buy rating, 0 Sell and 17 Hold. (FINL) has a trading volume of 3.32 Million shares, with an average trading volume of 1.42 Million shares - with shares dropping to a 52 week low of $15.18 on Mar 22, 2017, and the company's shares hitting a 52 week high on Sep 7, 2016 of $24.52. Twenty equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Finish Line now has a consensus rating of Hold and an average target price of $21.05.

Best time to invest in stock market is when things are on odd side, and it's not easy how to pick stocks. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. Following the completion of the sale, the director now directly owns 117,088 shares of the company's stock, valued at approximately $2,211,792.32. The Q1 2017 consensus earnings estimates for the company have stabilized at US$0.27 per share. The stock has reduced about -25.2% since it reported its last earnings.

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Discovery Communications, Inc. (NASDAQ:DISCA) [Trend Analysis] considering as most desiring stocks in active trading lead, shares knocked up after opening to traded at $27.54 with volume of 1.62 Million shares. First Republic Investment Management Inc. now owns 14,150 shares of the company's stock worth $266,000 after buying an additional 2,460 shares in the last quarter.

Finish Line (NASDAQ:FINL) last announced its quarterly earnings data on Friday, March 24th. In this case, we are using the relationship between the 50-day (17.07) and 200-day (20.45) simple moving averages. The company also has 781.64 million in total assets, balanced by 315.97 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

The 18 analysts offering 12-month price forecasts for Finish Line Inc have a median target of 19.00, with a high estimate of 25.00 and a low estimate of 16.00. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of USA & worldwide trademark & copyright legislation.

The Finish Line-Macy partnership continues to be a bright spot for the athletic retailer. The Finish Line, Inc., together with its subsidiaries, operates as a specialty retailer of athletic shoes, apparel, and accessories in the United States.

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