Dick’s Sporting Goods (DKS) Receives Coverage Optimism Rating of 0.11
News coverage about Dick’s Sporting Goods (NYSE:DKS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dick’s Sporting Goods earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the sporting goods retailer an impact score of 46.8649253392698 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- ETFs with exposure to Dick’s Sporting Goods, Inc. : December 7, 2017 (finance.yahoo.com)
- Ex-Dividend Reminder: Dick’s Sporting Goods, TEGNA and Wal-Mart Stores (nasdaq.com)
- Why Shares of Dick's Sporting Goods, Inc. Rose 20% in November (finance.yahoo.com)
- Dick’s Sporting Goods (NYSE:DKS) PT Lowered to $28.00 at Morgan Stanley (nismagazine.com)
- Dick’s Sporting Goods, Inc. (DKS) Is Attracting Massive Concentrations By Financial Ratio Analysis – Dr Pepper … – Investing News Update (investingbizz.com)
Dick’s Sporting Goods (NYSE:DKS) traded up $0.97 during midday trading on Friday, hitting $30.89. The stock had a trading volume of 4,224,600 shares, compared to its average volume of 3,059,379. Dick’s Sporting Goods has a fifty-two week low of $23.88 and a fifty-two week high of $61.89. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.25 and a current ratio of 1.61. The stock has a market cap of $3,234.98, a price-to-earnings ratio of 9.65, a PEG ratio of 1.65 and a beta of 0.57.
Dick’s Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, November 14th. The sporting goods retailer reported $0.30 EPS for the quarter, topping the consensus estimate of $0.26 by $0.04. Dick’s Sporting Goods had a return on equity of 17.95% and a net margin of 3.54%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the previous year, the firm earned $0.48 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. equities research analysts expect that Dick’s Sporting Goods will post 2.97 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.68 annualized dividend and a yield of 2.20%. Dick’s Sporting Goods’s dividend payout ratio (DPR) is currently 25.09%.
A number of equities research analysts recently issued reports on the stock. MKM Partners cut shares of Dick’s Sporting Goods from a “buy” rating to a “neutral” rating and dropped their price target for the company from $47.00 to $30.00 in a research note on Tuesday, August 15th. Citigroup cut shares of Dick’s Sporting Goods from a “buy” rating to a “neutral” rating and set a $30.00 price target on the stock. in a research note on Wednesday, August 16th. Buckingham Research cut shares of Dick’s Sporting Goods from a “buy” rating to a “neutral” rating and set a $45.00 price target on the stock. in a research note on Wednesday, August 16th. Guggenheim restated a “neutral” rating on shares of Dick’s Sporting Goods in a report on Wednesday, August 16th. Finally, BMO Capital Markets set a $37.00 price objective on Dick’s Sporting Goods and gave the company an “outperform” rating in a report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, twenty-six have issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $31.92.
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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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