Finish Line's Dismal Earnings, Guidance Follow Nike's Retail Warning
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. Zacks Investment Research raised Finish Line from a "sell" rating to a "hold" rating in a research report on Thursday, March 9th.
According to Yahoo Finance, the price target for the company which analysts are aiming is 26. The company's Finish Line division engages in the in-store and online retail of athletic shoes for Macy's Retail Holdings, Inc.; Macy's Puerto Rico, Inc.; and Macys.com, Inc., as well as online at macys.com. Analysts expected the firm to predict a comparable-sales gain of 2.1 percent and EPS of $1.44. Finish Line now has a consensus rating of Hold and an average target price of $21.05.
Yesterday Finish Line (NASDAQ:FINL) traded 0.88% higher at $16.65.
If we look at stock performance in last active day trading, we see that stock has moved tanked -1.61% to end the day at $5.50.
Companies with small market capitalization such as The Finish Line Inc (NASDAQ:FINL), while they can deliver high growth, financial strength is the deciding element in their long-term existence. Also Finish Line's sales with Macy's increased by 35%. A month ago, analyst EPS consensus estimated earnings of US$0.71 per share. (FINL) on Friday reported a fiscal fourth-quarter loss of $9.5 million, after reporting a profit in the same period a year earlier. (NASDAQ:FINL) dropped to -3.64% from $23.89 to $23.02.
Kandi & Tiny Just Nabbed A Writing Credit For This Ed Sheeran Hit
Critics called out the song's pre-chorus, which goes: "Boy, let's not talk too much / Grab on my waist and put that body on me".
East Region: No. 3 Baylor vs. No. 7 SC
A couple more great games in conjunction with his near-unicorn-ness will make his potential stardom more feasible. All because the three oldest players on the team refused to quit, knowing the reward was out there somewhere.
Ed Sheeran to star in 'Game of Thrones'
Even for Game of Thrones . "It's only going to be six episodes for the final season", Benioff said. Perhaps Benioff and Weiss thought "Castle on the Hill" was about Winterfell.
For the year, consolidated net sales were $1.84 billion, an increase of 2.5% over the prior year. After $0.12 actual earnings per share reported by Varonis Systems Inc for the previous quarter, Wall Street now forecasts -441.67% negative EPS growth.
However, Finish Line issued full-year EPS guidance of between $1.12 and $1.23, below consensus estimates of $1.46 per share.
The firm also recently announced a quarterly dividend, which was paid on Monday, March 13th. Shareholders of record on Friday, February 24th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 2.86%. Glenmede Tru Na holds 0% in Finish Line Inc (NASDAQ:FINL) or 19,443 shares. The ex-dividend date of this dividend was Wednesday, February 22nd. Finish Line's dividend payout ratio is now -285.71%. The shares were sold at an average price of $18.89, for a total value of $1,416,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. While the actual EPS the company reported in the same quarter previous year was 0.83/share. The insider now directly owns 192,088 shares worth $3,084,933. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 15.71% with $39.77 Million sitting short, betting on future declines. Algert Global LLC bought a new stake in Finish Line during the third quarter valued at about $680,000. California Pub Employees Retirement Systems invested in 208,359 shares. Company's distance from 20 day simple moving average is -2.55% and distance from 50-Day simple moving average is -5.32%.
U.S. based company, The Finish Line, Inc.
Finish Line director and CEO Sam Sato said significant pressure on product margins were responsible for the firm's weak Q4 bottom line, while a decision by the Internal Revenue Service to delay income tax returns hurt comps.
1 dead on Vegas Strip shooting, gunman barricaded on bus
Police do not believe there are additional suspects and the matter is not being treated as an active shooter situation. AP reports a hospital spokeswoman says one person has died in the shooting along the Las Vegas Strip.
Mercedes look to make early statement in Australia
Hamilton wanted more frequent changes to the regulations, to keep the cars getting faster and the competition "spicier". However, Rosberg retired following the title and now Hamilton should be the dominant driver once again.
South Korea begins to raise Sewol ferry, three years after disaster
A permanent Sewol protest site targeting her was subsequently set up in the centre of Seoul. Ms Park was formally removed from office by the Constitutional Court earlier this month.
Seamus Coleman set for surgery today on double leg fracture
Composed, controlled and everything else you would expect from Wales' midfield maestro in amongst the tough battle in midfield. Bale is not long back from a long injury lay-off, so he will either be fresh or rusty going into this game.
Trump Offers Condolences To Family Of London Attack Victim
Melissa is in the hospital with a broken leg, rib and a cut on her head but will recover from her injuries. Family and friends said they are heartbroken over the loss of a loving husband and father who loved music.
What happened when Coutinho & Firmino played for Brazil v Uruguay last night…
The top 4 qualify automatically for the World Cup and Brazil are now sitting pretty having won their last 6 qualifiers under Tite. When the ball leaves his foot, it looks like he might have skied it, but it dips under the crossbar, landing just over the line.
Senate votes to end Obama-era privacy rules
You'll also want to start paying attention to cookies - those little pieces of data sent by a website and stored on your browser. The resolution would undo privacy rules that ensure consumers control how their most sensitive information is used.
Louisiana sheriff's deputy is shot and killed while investigating a rape
The owner of the hair salon where a deputy was killed says the man accused of pulling the trigger was an employee at the store. This is the second fatal deputy-involved shooting in less than a year for the East Baton Rouge Parish Sheriff's Office.
Is Selena Gomez trying to start beef with Ariana Grande?
The Same Old Love singer also revealed that she feels most creative when she is "sad". The "It Ain't Me" singer revealed the secret in a recent interview with Vogue .
Boston's Drummer Sib Hashian Dies Suddenly at 67
They followed in 1978 with Don't Look Back which did go to the top of the charts and has sold over seven million copies. Hashian's daughter, Lauren, is also known for her relationship with actor-wrestler Dwayne "The Rock" Johnson .
Mar 25 2017