Dick’s Sporting Goods (NYSE:DKS)‘s stock had its “hold” rating restated by equities researchers at Oppenheimer in a research report issued on Thursday, Analyst Ratings Network reports. They currently have a $44.00 price objective on the stock. Oppenheimer’s price objective indicates a potential downside of 16.52% from the company’s current price.
A number of other analysts have also recently weighed in on DKS. Analysts at Canaccord Genuity raised their price target on shares of Dick’s Sporting Goods (NYSE:DKS) from $56.00 to $60.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Janney Montgomery Scott raised their price target on shares of Dick’s Sporting Goods (NYSE:DKS) from $55.00 to $57.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Dick’s Sporting Goods (NYSE:DKS) in a research note to investors on Wednesday, August 21st. They now have a $52.00 price target on the stock, down previously from $57.00.
Four equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $56.62.
Shares of Dick’s Sporting Goods (NYSE:DKS) traded up 1.48% on Thursday, hitting $53.49. The stock had a trading volume of 478,926 shares. Dick’s Sporting Goods has a 1-year low of $44.24 and a 1-year high of $54.25. The stock’s 50-day moving average is $49.77 and its 200-day moving average is $49.77. The company has a market cap of $6.713 billion and a P/E ratio of 20.20.
Dick’s Sporting Goods (NYSE:DKS) last released its earnings data on Tuesday, August 20th. The company reported $0.71 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.76 by $0.05. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Analysts expect that Dick’s Sporting Goods will post $2.64 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 27th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.13 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Wednesday, September 4th.
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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