DICK’S Sporting Items, Inc. (NYSE:DKS) Receives Consensus Advice of “Maintain” from Analysts

DICK’S Sporting Items, Inc. (NYSE:DKSGet Score) has been assigned a consensus score of “Reasonable Purchase” from the twenty brokerages which can be masking the corporate, MarketBeat Rankings studies. Six analysis analysts have rated the inventory with a maintain advice and eight have assigned a purchase advice to the corporate. The typical 1 yr value goal amongst brokerages which have lined the inventory within the final yr is $117.41.

A variety of analysts have commented on DKS shares. Stephens lowered their value goal on DICK’S Sporting Items to $102.00 in a analysis report on Monday, Might thirtieth. Telsey Advisory Group lower their goal value on DICK’S Sporting Items from $125.00 to $110.00 and set an “outperform” score for the corporate in a analysis report on Thursday, Might twenty sixth. Wedbush lower their goal value on DICK’S Sporting Items from $140.00 to $110.00 in a analysis report on Thursday, Might twenty sixth. Financial institution of America lower their goal value on DICK’S Sporting Items from $160.00 to $130.00 and set a “purchase” score for the corporate in a analysis report on Tuesday, Might twenty fourth. Lastly, UBS Group lower their goal value on DICK’S Sporting Items to $85.00 in a analysis report on Thursday, Might twenty sixth.

Shares of DKS inventory opened at $76.85 on Monday. The inventory has a 50 day shifting common of $83.96 and a two-hundred day shifting common of $99.82. The corporate has a present ratio of 1.88, a fast ratio of 0.87 and a debt-to-equity ratio of 0.89. DICK’S Sporting Items has a 12 month low of $63.45 and a 12 month excessive of $147.39. The corporate has a market capitalization of $6.19 billion, a P/E ratio of 5.94, a P/E/G ratio of 1.43 and a beta of 1.57.

DICK’S Sporting Items (NYSE:DKSGet Score) final introduced its quarterly earnings information on Wednesday, Might twenty fifth. The sporting items retailer reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.43. DICK’S Sporting Items had a return on fairness of 58.42% and a internet margin of 11.75%. The corporate had income of $2.70 billion through the quarter, in comparison with the consensus estimate of $2.63 billion. Throughout the identical quarter final yr, the corporate earned $3.79 EPS. The corporate’s quarterly income was down 7.5% on a year-over-year foundation. Promote-side analysts predict that DICK’S Sporting Items will publish 10.74 earnings per share for the present fiscal yr.

The agency additionally just lately declared a quarterly dividend, which was paid on Friday, June twenty fourth. Traders of document on Friday, June tenth had been issued a dividend of $0.488 per share. The ex-dividend date was Thursday, June ninth. This represents a $1.95 dividend on an annualized foundation and a yield of two.54%. DICK’S Sporting Items’s dividend payout ratio is 15.07%.

In different information, Director William J. Colombo purchased 5,000 shares of the inventory in a transaction dated Tuesday, Might thirty first. The inventory was purchased at a median value of $80.99 per share, with a complete worth of $404,950.00. Following the acquisition, the director now owns 162,003 shares of the corporate’s inventory, valued at $13,120,622.97. The acquisition was disclosed in a doc filed with the SEC, which is accessible via this hyperlink. Additionally, EVP Donald J. Germano offered 54,210 shares of DICK’S Sporting Items inventory in a transaction on Tuesday, April fifth. The shares had been offered at a median value of $99.68, for a complete worth of $5,403,652.80. Following the completion of the sale, the chief vice chairman now instantly owns 91,269 shares of the corporate’s inventory, valued at $9,097,693.92. The disclosure for this sale will be discovered right here. Insiders offered a complete of 117,535 shares of firm inventory valued at $12,071,661 over the past three months. Insiders personal 32.83% of the corporate’s inventory.

A number of institutional traders have just lately made modifications to their positions within the inventory. J.W. Cole Advisors Inc. acquired a brand new stake in shares of DICK’S Sporting Items through the first quarter value $100,000. Castellan Group lifted its holdings in DICK’S Sporting Items by 57.6% through the first quarter. Castellan Group now owns 33,940 shares of the sporting items retailer’s inventory value $3,395,000 after buying a further 12,410 shares within the final quarter. Golden State Fairness Companions lifted its holdings in DICK’S Sporting Items by 51.2% through the first quarter. Golden State Fairness Companions now owns 6,403 shares of the sporting items retailer’s inventory value $640,000 after buying a further 2,167 shares within the final quarter. Virtu Monetary LLC lifted its holdings in DICK’S Sporting Items by 173.5% through the first quarter. Virtu Monetary LLC now owns 11,407 shares of the sporting items retailer’s inventory value $1,141,000 after buying a further 7,236 shares within the final quarter. Lastly, Advisors Asset Administration Inc. lifted its holdings in DICK’S Sporting Items by 61.8% through the first quarter. Advisors Asset Administration Inc. now owns 9,209 shares of the sporting items retailer’s inventory value $921,000 after buying a further 3,519 shares within the final quarter. 78.92% of the inventory is owned by institutional traders and hedge funds.

About DICK’S Sporting Items (Get Score)

DICK’S Sporting Items, Inc, along with its subsidiaries, operates as a sporting items retailer primarily within the jap United States. The corporate supplies hardlines, together with sporting items gear, health gear, golf gear, and searching and fishing gear merchandise; attire; and footwear and equipment.

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