Why I Will Never Buy Finish Line Inc. Stock
Shares of Finish Line (NASDAQ: FINL) tumbled nearly 60% over the past 12 months, due to ongoing concerns about the footwear retailer's slowing sales growth and disruption from direct-to-consumer channels. That drop reduced Finish Line's P/E to 12, versus the industry average of 46 for specialty retailers. Its forward yield of 4.5% is also easily supported by a low payout ratio of 52%.
Those figures make Finish Line look like a cheap income investment. But if we take a closer look at Finish Line's core business, we'll see that it's still a very risky stock -- and one that I never plan to buy.
Data source: Finish Line.
Source: Fool.com
Macy's Inc. Stock
€14.09
0.680%
Our community is currently high on Macy's Inc. with 5 Buy predictions and 1 Sell predictions.
With a target price of 21 € there is a positive potential of 49.02% for Macy's Inc. compared to the current price of 14.09 €.
