News coverage about Dicks Sporting Goods (NYSE:DKS) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Dicks Sporting Goods earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news coverage about the sporting goods retailer an impact score of 46.9437767092735 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- DICK’S Sporting Goods Names New Chief eCommerce And Supply Chain Officer (finance.yahoo.com)
- DICK’S Sporting Up 41% in a Year: Will the Momentum Continue? (zacks.com)
- Golf Galaxy, Dick’s Sporting Goods to share Pineville space (bizjournals.com)
- Bright Stocks Buzz: Dick’s Sporting Goods, Inc. (NYSE:DKS), Hi-Crush Partners LP (NYSE:HCLP), Ameren Corporation … (journalfinance.net)
- Dicks Sporting Goods Inc (DKS) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
NYSE:DKS opened at $39.07 on Thursday. Dicks Sporting Goods has a one year low of $23.88 and a one year high of $39.24. The company has a quick ratio of 0.24, a current ratio of 1.53 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $3.84 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.70 and a beta of 0.44.
Dicks Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Wednesday, August 29th. The sporting goods retailer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.06 by $0.14. Dicks Sporting Goods had a return on equity of 17.72% and a net margin of 3.82%. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the firm earned $0.96 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. equities research analysts anticipate that Dicks Sporting Goods will post 3.13 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.90 annualized dividend and a dividend yield of 2.30%. Dicks Sporting Goods’s dividend payout ratio is presently 29.90%.
DKS has been the topic of a number of recent analyst reports. ValuEngine downgraded Dicks Sporting Goods from a “sell” rating to a “strong sell” rating in a research report on Monday, July 30th. OTR Global upgraded Dicks Sporting Goods to a “positive” rating in a research report on Wednesday, August 15th. Zacks Investment Research upgraded Dicks Sporting Goods from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Monday, July 16th. JPMorgan Chase & Co. increased their price target on Dicks Sporting Goods from $43.00 to $46.00 and gave the stock an “overweight” rating in a research report on Thursday, May 31st. Finally, Credit Suisse Group set a $35.00 target price on Dicks Sporting Goods and gave the company a “hold” rating in a report on Wednesday, May 30th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $36.38.
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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