Dick’s Sporting Goods Inc. Hits New 52-Week High at $58.42 (DKS)
Shares of Dick’s Sporting Goods (NYSE:DKS) hit a new 52-week high during trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $58.42 and last traded at $57.67, with a volume of 571,344 shares trading hands. The stock had previously closed at $57.68.
Several analysts have recently commented on the stock. Analysts at Bank of America Corp. raised their price target on shares of Dick’s Sporting Goods from $65.00 to $68.00 in a research note to investors on Friday, December 27th. Separately, analysts at Zacks upgraded shares of Dick’s Sporting Goods from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 4th. They now have a $58.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dick’s Sporting Goods in a research note to investors on Wednesday, November 20th. They now have a $66.00 price target on the stock, up previously from $63.00. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $58.17.
Dick’s Sporting Goods has a 52-week low of $45.00 and a 52-week high of $58.40. The stock has a 50-day moving average of $56. and a 200-day moving average of $52.41. The company has a market cap of $7.244 billion and a P/E ratio of 22.10.
Dick’s Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 6.7% on a year-over-year basis.
DICK’S Sporting Goods, Inc is a sports and fitness specialty omni-channel retailer offering a range of brand name sporting goods equipment, apparel and footwear in a specialty store environment.
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