Finish Line Inc. (FINL)

Pauline Gross
September 23, 2017

Previously Silver Spring Networks Inc Co (NYSE:SSNI) reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.07 by $0.14 with surprise factor of 200%. The company reported revenue of $469.4 million, also ahead of analysts' $469.3 million expectations.

For the current quarter ending in December, Finish Line expects its results to range from a loss of 40 cents per share to a loss of 32 cents per share. (FINL) most recent 13F filing, the company has 27 new institutional holders - accounting for 1.47 million shares of its common stock. The Finish Line presently has an average rating of "Hold" and a consensus price target of $11.55. Finish Line is a retailer of athletic shoes, apparel and accessories. State Street Corp now owns 1,470,739 shares of the specialty retailer's stock valued at $20,840,000 after acquiring an additional 90,370 shares during the period. The total amount of shares outstanding is 39.04 million, giving the company a market capitalization of about 359.95 million. Koch Industries Inc. bought a new stake in shares of The Finish Line during the 2nd quarter valued at $242,000. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence).

The business also recently announced a quarterly dividend, which was paid on Monday, September 11th. Jefferies reiterated a "buy" recommendation and fixed a $19.00 target price on stock of Finish Line in a note on Fri, Jun 9th.

"Our second quarter results were shaped by a very promotional marketplace for athletic footwear", said Sam Sato, chief executive officer of Finish Line. Seven investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the stock. Following the completion of the sale, the chief operating officer now owns 11,862 shares of the company's stock, valued at $269,386.02. Of those insider trades, 42,150 shares of The Finish Line, Inc. were purchased and 17,121 shares were sold. Shareholders of record on Friday, August 25th were given a $0.11 dividend. Robeco Institutional Asset Management B.V. lifted its holdings in The Finish Line by 1,730.8% during the 2nd quarter.

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Finish Line comparable store sales in the quarter declined 4.5% and Finish Line Macys sales jumped 5.6%.

Finish Line (FINL) has made a big comeback today. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & worldwide copyright legislation. Federated Incorporated Pa owns 4,880 shares or 0% of their USA portfolio. Stock" published on August 24, 2017 as well as Indystar.com's news article titled: "Nike's "innovation lull" is "crippling" Finish Line, analyst says" with publication date: "August 30, 2017. Now the P/E of Finish Line Inc. Finally, State of Tennessee Treasury Department raised its holdings in The Finish Line by 17.8% during the 1st quarter.

The Finish Line, Inc is a specialty retailer. The Firm operates through the Finish Line brand. The correct version of this news story can be accessed at https://www.equitiesfocus.com/2017/09/21/the-finish-line-sees-unusually-high-options-volume-finl.html.

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