(NYSE:DKS) also in plain sight to attract passive investors, shares in most recent trading session surged 0.52% after traded at $52.61. The stock has been active on the tape, now trading at $52.61, up from yesterday's close by 0.52%.
If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 70 and average price target of 63.15. The sporting goods retailer reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.02. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. Finally comes the ratings part in which the DKS was evaluated with 19 analysts of WSJ going for Buy ratings in previous quarter, while at present 19 analysts gave Buy ratings from whole pool. A rating of 4 or 5 would represent a Sell recommendation. Finally, Citigroup Inc. reissued a "buy" rating and set a $66.00 target price (down previously from $68.00) on shares of Dicks Sporting Goods in a research report on Wednesday, December 28th.
The Stock now has the market capitalization of $5.78 Billion, P/E (price to earnings ttm) of 18.22 and Weekly volatility of 2.58% and monthly volatility of 3.02% respectively. Numeric Investors LLC bought a new stake in shares of Dicks Sporting Goods during the fourth quarter worth about $1,285,000. The stock's 50 day moving average is $51.25 and its 200 day moving average is $56.06. Amalgamated Bank raised its position in Dicks Sporting Goods by 29.4% in the second quarter. Peer bankruptcies aren't always a good thing for retailers, as their dying counterparts liquidate inventory at low prices.
Plus, put and call open interest for DKS are docked in the 99th and 96th annual percentiles, with a respective 118,484 and 53,504 contracts outstanding, while the stock's Schaeffer's put/call open interest ratio (SOIR) is perched at a top-heavy 2.28 - in the 77th percentile of its annual range.
This is the lowest stock price Dick's has seen since July and the stock is down 11% just this year, but analysts see the price drop as a major buying opportunity. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement.
Dicks Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Tuesday, March 7th. Ten analysts surveyed by Zacks expected $2.47 billion.
Average EPS forecast for the current year is $3.09 according to 30 analysts making projections for Dicks Sporting Goods Inc (NYSE:DKS). The third largest holder is Blackrock Fund Advisors, which now holds $186.44 million worth of this stock and that ownership represents almost 3.24% of its market capitalization. ROIC helps show how efficient a company is at turning capital into profits.
A customer carries a bag while exiting a Dick's Sporting Goods Inc. store in Sterling Heights, Michigan.
02/14/2017 - Dick's Sporting Goods Inc had its " rating reiterated by analysts at Deutsche Bank. Over the trailing year, the stock is underperforming the S&P 500 by 0.07, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.
For the three months ended in January, sales at existing stores rose 5 percent.
Each of its Dick's Sporting Goods stores includes footwear, team sports, outdoor lodge, golf, fitness and athletic apparel.