Shares of DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-one ratings firms that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $244.95.
Several analysts have issued reports on the company. Loop Capital upped their price objective on DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a “hold” rating in a research note on Wednesday, November 27th. DA Davidson restated a “buy” rating and issued a $265.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, September 5th. Evercore ISI reaffirmed an “outperform” rating and set a $280.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, September 5th. UBS Group raised shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and increased their price objective for the company from $225.00 to $260.00 in a research report on Wednesday, November 27th. Finally, Barclays lifted their target price on shares of DICK’S Sporting Goods from $247.00 to $254.00 and gave the stock an “overweight” rating in a report on Thursday, September 5th.
Read Our Latest Stock Report on DKS
Institutional Investors Weigh In On DICK’S Sporting Goods
DICK’S Sporting Goods Price Performance
NYSE:DKS opened at $207.24 on Monday. The stock has a market capitalization of $16.87 billion, a PE ratio of 14.81, a P/E/G ratio of 2.36 and a beta of 1.64. DICK’S Sporting Goods has a 1-year low of $126.24 and a 1-year high of $239.30. The firm has a fifty day simple moving average of $205.65 and a 200 day simple moving average of $210.85. The company has a current ratio of 1.72, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The sporting goods retailer reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.07. The company had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.03 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The company’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the firm posted $2.85 EPS. On average, research analysts expect that DICK’S Sporting Goods will post 13.88 EPS for the current fiscal year.
DICK’S Sporting Goods Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, December 13th. DICK’S Sporting Goods’s payout ratio is currently 31.45%.
DICK’S Sporting Goods Company Profile
DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.
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