Shares of Dick’s Sporting Goods Inc. (NYSE:DKS) reached a new 52-week high on Thursday . The company traded as high as $55.00 and last traded at $54.31, with a volume of 929,062 shares trading hands. The stock had previously closed at $53.70.

A number of analysts recently weighed in on DKS shares. Royal Bank Of Canada lowered their target price on shares of Dick’s Sporting Goods from $42.00 to $41.00 and set a “sector perform” rating on the stock in a research note on Friday, May 20th. Susquehanna started coverage on shares of Dick’s Sporting Goods in a research note on Friday. They issued a “positive” rating and a $65.00 target price on the stock. Vetr cut shares of Dick’s Sporting Goods from a “strong-buy” rating to a “buy” rating and set a $47.33 target price on the stock. in a research note on Monday, May 9th. Cleveland Research raised shares of Dick’s Sporting Goods from a “neutral” rating to a “buy” rating and set a $59.00 target price on the stock in a research note on Friday, August 5th. Finally, B. Riley reissued a “buy” rating and issued a $51.00 target price on shares of Dick’s Sporting Goods in a research note on Sunday, May 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Dick’s Sporting Goods currently has an average rating of “Buy” and a consensus target price of $52.25.

The company has a market capitalization of $6.24 billion and a P/E ratio of 19.48. The stock has a 50 day moving average of $49.25 and a 200 day moving average of $44.65.

Dick’s Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Thursday, May 19th. The sporting goods retailer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. During the same period last year, the firm posted $0.53 earnings per share. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. On average, analysts expect that Dick’s Sporting Goods Inc. will post $2.83 EPS for the current fiscal year.

A number of large investors have bought and sold shares of DKS. Royce & Associates LLC raised its stake in Dick’s Sporting Goods by 64.7% in the fourth quarter. Royce & Associates LLC now owns 109,500 shares of the sporting goods retailer’s stock worth $3,871,000 after buying an additional 43,000 shares during the last quarter. Trexquant Investment LP raised its stake in Dick’s Sporting Goods by 392.4% in the fourth quarter. Trexquant Investment LP now owns 83,215 shares of the sporting goods retailer’s stock worth $2,942,000 after buying an additional 66,315 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. raised its stake in Dick’s Sporting Goods by 1.2% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 137,469 shares of the sporting goods retailer’s stock worth $4,840,000 after buying an additional 1,627 shares during the last quarter. State of Tennessee Treasury Department raised its stake in Dick’s Sporting Goods by 34.5% in the fourth quarter. State of Tennessee Treasury Department now owns 194,800 shares of the sporting goods retailer’s stock worth $6,886,000 after buying an additional 50,000 shares during the last quarter. Finally, KBC Group NV raised its stake in Dick’s Sporting Goods by 5,046.1% in the fourth quarter. KBC Group NV now owns 305,832 shares of the sporting goods retailer’s stock worth $10,811,000 after buying an additional 299,889 shares during the last quarter.

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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