Dicks Sporting Goods (NYSE:DKS) will announce its earnings results before the market opens on Wednesday, November 28th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Dicks Sporting Goods has set its FY19 guidance at $3.02-3.20 EPS.Investors interested in participating in the company’s conference call can do so using this link.
Dicks Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Wednesday, August 29th. The sporting goods retailer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.14. Dicks Sporting Goods had a net margin of 3.82% and a return on equity of 17.72%. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the previous year, the company posted $0.96 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. On average, analysts expect Dicks Sporting Goods to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NYSE DKS opened at $35.99 on Tuesday. Dicks Sporting Goods has a twelve month low of $26.71 and a twelve month high of $39.75. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.24 and a current ratio of 1.53. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 1.58 and a beta of 0.35.
Several equities analysts have weighed in on DKS shares. ValuEngine cut shares of Dicks Sporting Goods from a “sell” rating to a “strong sell” rating in a research report on Monday, July 30th. Zacks Investment Research cut shares of Dicks Sporting Goods from a “buy” rating to a “hold” rating in a research report on Friday, August 31st. Morgan Stanley lifted their price objective on shares of Dicks Sporting Goods from $35.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 11th. Canaccord Genuity set a $36.00 price objective on shares of Dicks Sporting Goods and gave the stock a “hold” rating in a research report on Wednesday, August 29th. Finally, Wells Fargo & Co lowered their price objective on shares of Dicks Sporting Goods from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, August 30th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.53.
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About Dicks Sporting Goods
Dick's Sporting Goods, Inc operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. The company also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.
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