Investment Analysts’ Weekly Ratings Changes for Dicks Sporting Goods (DKS)
Dicks Sporting Goods (NYSE: DKS) was the recipient of a ratings changes during the seven days:
- Dicks Sporting Goods had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $53.00 price target on the stock, up previously from $51.00.
- Dicks Sporting Goods had its price target lowered by analysts at CRT Capital from $60.00 to $55.00. They now have a “buy” rating on the stock.
- Dicks Sporting Goods had its price target raised by analysts at Telsey Advisory Group from $49.00 to $50.00. They now have a “not rated” rating on the stock.
- Dicks Sporting Goods had its “buy” rating reaffirmed by analysts at Argus. They now have a $45.04 price target on the stock, down previously from $55.00.
Shares of Dicks Sporting Goods Inc (NYSE:DKS) opened at 45.31 on Wednesday. Dicks Sporting Goods Inc has a one year low of $41.30 and a one year high of $58.87. The stock’s 50-day moving average is $43.78 and its 200-day moving average is $48.8. The company has a market cap of $5.435 billion and a P/E ratio of 17.01.
Dicks Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, August 19th. The company reported $0.67 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.02. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter last year, the company posted $0.71 earnings per share. Dicks Sporting Goods’s revenue was up 10.3% compared to the same quarter last year. On average, analysts predict that Dicks Sporting Goods Inc will post $2.78 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 26th. Stockholders of record on Friday, September 5th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, September 3rd.
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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