Canaccord Genuity Maintains a 'Buy' on Finish Line (FINL); Q1 Preview: Don't Expect Surprises
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Price: $13.51 --0%
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Canaccord Genuity maintains a 'Buy' on Finish Line (NASDAQ: FINL) price target of $25.00.
Analyst, Camilo Lyon, said, "With FINL having already positively preannounced fiscal Q1 results on May 30, we are not expecting any surprises when full Q1 results are released on June 29 pre-market open. Comps will likely be 8.5%, and we are modeling EPS of $0.23, the high end of the $0.22-0.23 guided range."
"We will be focused on FINL’s QTD comp trend commentary. With June the toughest Q2 monthly comparison at 13.1%, we would consider a low-single-digit QTD comp positively, as it would imply a consistent sequential two year comp trend."
For an analyst ratings summary and ratings history on Finish Line click here. For more ratings news on Finish Line click here.
Shares of Finish Line closed at $18.41 yesterday.
Analyst, Camilo Lyon, said, "With FINL having already positively preannounced fiscal Q1 results on May 30, we are not expecting any surprises when full Q1 results are released on June 29 pre-market open. Comps will likely be 8.5%, and we are modeling EPS of $0.23, the high end of the $0.22-0.23 guided range."
"We will be focused on FINL’s QTD comp trend commentary. With June the toughest Q2 monthly comparison at 13.1%, we would consider a low-single-digit QTD comp positively, as it would imply a consistent sequential two year comp trend."
For an analyst ratings summary and ratings history on Finish Line click here. For more ratings news on Finish Line click here.
Shares of Finish Line closed at $18.41 yesterday.
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