Dick’s Sporting Goods Inc. (NYSE:DKS) saw an uptick in trading volume on Thursday . 1,860,119 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 2,001,849 shares.The stock last traded at $49.86 and had previously closed at $48.68.

Several brokerages have issued reports on DKS. Royal Bank Of Canada upgraded Dick’s Sporting Goods from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $41.00 to $56.00 in a report on Thursday. Vetr cut Dick’s Sporting Goods from a “buy” rating to a “hold” rating and set a $50.00 target price for the company. in a report on Monday. Credit Suisse Group AG restated a “hold” rating and issued a $48.00 target price on shares of Dick’s Sporting Goods in a report on Monday. TheStreet upgraded Dick’s Sporting Goods from a “hold” rating to a “buy” rating in a report on Monday, March 21st. Finally, Morgan Stanley upped their target price on Dick’s Sporting Goods from $50.00 to $51.00 and gave the company an “equal weight” rating in a report on Monday, March 28th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $50.04.

The stock has a market cap of $5.70 billion and a PE ratio of 17.79. The stock has a 50-day moving average price of $43.49 and a 200-day moving average price of $42.32.

Dick’s Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Thursday, May 19th. The sporting goods retailer reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.01. During the same period last year, the firm posted $0.53 EPS. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Dick’s Sporting Goods’s revenue was up 6.1% on a year-over-year basis. Analysts expect that Dick’s Sporting Goods Inc. will post $2.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Friday, June 10th were given a dividend of $0.1513 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Wednesday, June 8th.

A number of large investors have recently bought and sold shares of DKS. PNC Financial Services Group Inc. increased its stake in Dick’s Sporting Goods by 33.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 36,218 shares of the sporting goods retailer’s stock worth $1,281,000 after buying an additional 8,989 shares during the period. Tributary Capital Management LLC increased its stake in Dick’s Sporting Goods by 17.4% in the fourth quarter. Tributary Capital Management LLC now owns 38,040 shares of the sporting goods retailer’s stock worth $1,345,000 after buying an additional 5,640 shares during the period. Arrow Financial Corp purchased a new stake in Dick’s Sporting Goods during the fourth quarter worth about $1,484,000. State Treasurer State of Michigan increased its stake in Dick’s Sporting Goods by 21.4% in the fourth quarter. State Treasurer State of Michigan now owns 52,100 shares of the sporting goods retailer’s stock worth $1,842,000 after buying an additional 9,200 shares during the period. Finally, Pensionfund DSM Netherlands purchased a new stake in Dick’s Sporting Goods during the fourth quarter worth about $1,980,000.

DICK’S Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The Company offers hardlines, such as sporting goods equipment, fitness equipment, golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores.

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