Dicks Sporting Goods (DKS) Set to Announce Quarterly Earnings on Tuesday
Dicks Sporting Goods (NYSE:DKS) is set to issue its Q114 quarterly earnings data on Tuesday, May 20th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $1.46 billion for the quarter. Dicks Sporting Goods has set its Q1 guidance at $0.51-0.53 EPS and its FY15 guidance at $3.03-3.08 EPS.
Dicks Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, March 11th. The company reported $1.11 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.11. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the company posted $1.03 earnings per share. Dicks Sporting Goods’s revenue was up 7.9% compared to the same quarter last year. On average, analysts expect Dicks Sporting Goods to post $3.08 EPS for the current fiscal year and $3.58 EPS for the next fiscal year.
Shares of Dicks Sporting Goods (NYSE:DKS) opened at 51.57 on Monday. Dicks Sporting Goods has a 52 week low of $45.67 and a 52 week high of $58.87. The stock’s 50-day moving average is $52.84 and its 200-day moving average is $54.23. The company has a market cap of $6.387 billion and a price-to-earnings ratio of 19.10.
A number of research firms have recently commented on DKS. Analysts at CRT Capital initiated coverage on shares of Dicks Sporting Goods in a research note on Wednesday, May 14th. They set a “buy” rating and a $65.00 price target on the stock. On the ratings front, analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Dicks Sporting Goods in a research note on Monday, May 12th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Dicks Sporting Goods in a research note on Monday, May 12th. They now have a $66.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. Dicks Sporting Goods currently has an average rating of “Buy” and a consensus price target of $59.16.
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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