A number of firms have modified their ratings and price targets on shares of Dick’s Sporting Goods (NYSE: DKS) recently:

  • 7/1/2017 – Dick’s Sporting Goods was given a new $54.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
  • 6/29/2017 – Dick’s Sporting Goods had its “hold” rating reaffirmed by analysts at Credit Suisse Group. They now have a $55.00 price target on the stock. They wrote, “We hosted meetings with DKS management: We believe the company is doing some very positive things to transition its model, add new layers of differentiation, add new growth drivers, and leverage its power in the industry. That said, it’s difficult to see the stock working until, first, it clears the difficult 2H comparison hurdle, and second, like many other retailers, it provides better visibility on the investment outlook (which should be forthcoming) and EPS growth trajectory past 2017. Our key question looking to next year is whether the multiple margin drivers DKS has will be powerful enough to offset continued investments: Management appeared optimistic about the benefits from vendor restructuring, improving online economics by transitioning the platform in house, and recent cost reductions.””
  • 6/27/2017 – Dick’s Sporting Goods was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/15/2017 – Dick’s Sporting Goods was given a new $54.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 6/2/2017 – Dick’s Sporting Goods was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 5/22/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $58.00 price target on the stock.
  • 5/19/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Argus. They now have a $55.00 price target on the stock, down previously from $66.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $58.00 price target on the stock.
  • 5/17/2017 – Dick’s Sporting Goods was given a new $54.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 5/17/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $55.00 price target on the stock, down previously from $65.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $55.00 price target on the stock, down previously from $65.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $45.00 price target on the stock, down previously from $52.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $46.00 price target on the stock, down previously from $55.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $46.00 price target on the stock, down previously from $50.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $52.00 price target on the stock, down previously from $67.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $50.00 price target on the stock, down previously from $61.00.
  • 5/17/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Monness Crespi & Hardt. They now have a $52.00 price target on the stock, down previously from $60.00.
  • 5/17/2017 – Dick’s Sporting Goods was given a new $55.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 5/16/2017 – Dick’s Sporting Goods was given a new $62.00 price target on by analysts at BMO Capital Markets. They now have a “buy” rating on the stock.
  • 5/15/2017 – Dick’s Sporting Goods was given a new $67.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
  • 5/15/2017 – Dick’s Sporting Goods had its “positive” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $57.00 price target on the stock, down previously from $65.00.
  • 5/14/2017 – Dick’s Sporting Goods had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $68.00 price target on the stock.
  • 5/13/2017 – Dick’s Sporting Goods had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 5/12/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $64.00 price target on the stock.
  • 5/8/2017 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $67.00 price target on the stock.

Shares of Dick’s Sporting Goods Inc (DKS) traded down 2.10% during midday trading on Thursday, hitting $39.64. The stock had a trading volume of 1,381,738 shares. Dick’s Sporting Goods Inc has a 1-year low of $35.87 and a 1-year high of $62.88. The company’s 50 day moving average price is $41.11 and its 200-day moving average price is $48.71. The firm has a market capitalization of $4.46 billion, a PE ratio of 15.35 and a beta of 0.48.

Dick’s Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, May 16th. The sporting goods retailer reported $0.54 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.54. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Dick’s Sporting Goods had a net margin of 3.57% and a return on equity of 18.61%. Dick’s Sporting Goods’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. Equities analysts predict that Dick’s Sporting Goods Inc will post $3.69 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Friday, June 9th were issued a $0.17 dividend. The ex-dividend date was Wednesday, June 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.72%. Dick’s Sporting Goods’s payout ratio is 26.25%.

Dick’s Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.

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