News headlines about Dick’s Sporting Goods (NYSE:DKS) have been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dick’s Sporting Goods earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave news coverage about the sporting goods retailer an impact score of 87 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- Dick’s Sporting Goods Inc (NYSE:DKS) Upgraded at BidaskClub – Leicester Post (leicesterpost.com)
- Are Dick’s Sporting Goods, Inc. (DKS) Shares Headed For A Correction? – AllStockNews (allstocknews.com)
- Time Warner Inc. (TWX) registers a price change of 0.67% while Dick’s Sporting Goods, Inc. (DKS) finishes with a … – Stocks Gallery (stocksgallery.com)
- How much should pay for $1 Earnings?: Dick’s Sporting Goods, Inc. (DKS) – Street Observer (press release) (streetobserver.com)
- DEADLINE TODAY: Khang & Khang LLP Announces Securities Class Action Lawsuit against Dick’s Sporting Goods, Inc. and Encourages Investors with Losses to Contact the Firm (finance.yahoo.com)
Dick’s Sporting Goods (NYSE:DKS) opened at 37.92 on Tuesday. The firm’s 50-day moving average is $41.11 and its 200-day moving average is $48.71. Dick’s Sporting Goods has a 12 month low of $35.87 and a 12 month high of $62.88. The firm has a market cap of $4.27 billion, a PE ratio of 14.69 and a beta of 0.48.
Dick’s Sporting Goods (NYSE:DKS) last announced its earnings results on Tuesday, May 16th. The sporting goods retailer reported $0.54 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.54. Dick’s Sporting Goods had a return on equity of 18.61% and a net margin of 3.57%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same period last year, the company posted $0.50 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. Equities analysts expect that Dick’s Sporting Goods will post $3.68 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 9th were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, June 7th. This represents a $0.68 dividend on an annualized basis and a yield of 1.79%. Dick’s Sporting Goods’s payout ratio is 26.25%.
A number of brokerages have weighed in on DKS. Bank of America Corporation reiterated a “buy” rating and issued a $55.00 price objective (down previously from $65.00) on shares of Dick’s Sporting Goods in a research report on Wednesday, May 17th. Wedbush restated an “outperform” rating and set a $68.00 price target on shares of Dick’s Sporting Goods in a research report on Sunday, May 14th. Stifel Nicolaus reaffirmed an “outperform” rating and set a $65.00 price objective on shares of Dick’s Sporting Goods in a research note on Sunday, April 23rd. Morgan Stanley reaffirmed an “equal weight” rating and set a $46.00 price objective (down previously from $55.00) on shares of Dick’s Sporting Goods in a research note on Wednesday, May 17th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $67.00 price objective on shares of Dick’s Sporting Goods in a research note on Monday, May 8th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $56.95.
Dick’s Sporting Goods Company Profile
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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