Analyst Ratings for Finish Line Inc. Cl A (FINL)Updated: 2017-07-27
Finish Line Inc. Cl A (NASDAQ:FINL) was awarded an average rating of Hold from investment analysts following the stock. FINL had previously received a consensus rating of Hold a month ago.
18 analysts issued ratings on the stock, where 3 gave FINL a buy rating, 0 issued an overweight rating, 15 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for FINL. The most optimistic analyst gave a price target of 22, implying a possible profit of 58.05 percent. The lowest price target was 13, implying potential capital losses of -6.61 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.66 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -21.64 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.43 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.3 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
FINL has an estimated earnings growth rate of 270.53 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. FINL has a PEG ratio of 0.16.
FINL has traded between a high of 24.52 and a low of 12.25 over the past year. Currently the stock is 13.63 percent higher than its low, and 43.23 percent below the high. FINL has a P/E ratio of 44.13. Investors typically compare the P/E ratio to a company's peers in the industry. The FINL value stock report compares FINL to some of its peers using value stock charts. The market cap of FINL is $0.54078 billion. FINL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.