Somewhat Positive Press Coverage Somewhat Unlikely to Affect Dick’s Sporting Goods (NYSE:DKS) Share Price
News articles about Dick’s Sporting Goods (NYSE:DKS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dick’s Sporting Goods earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the sporting goods retailer an impact score of 45.6076399622078 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Canaccord Genuity Reiterates Buy Rating for Dick’s Sporting Goods Inc (NYSE:DKS) (lazeresportes.com)
- Investors Buy High Volume of Put Options on Dick’s Sporting Goods (DKS) (badhub.net)
- Dick’s Sporting Goods Inc (DKS) Saw a New 52-Week High (highlightpress.com)
- Crazy Volume Spikes for: Dick’s Sporting Goods Inc. (DKS) (joshnaijablog.com)
- Hibbett’s Dim View Eclipses Entry in eCommerce, Stock Falls – Nasdaq (nasdaq.com)
A number of research analysts have recently commented on DKS shares. Stifel Nicolaus reiterated an “outperform” rating and issued a $65.00 price target on shares of Dick’s Sporting Goods in a research note on Sunday, April 23rd. Canaccord Genuity reiterated a “buy” rating and issued a $67.00 price target on shares of Dick’s Sporting Goods in a research note on Monday, May 8th. B. Riley reiterated a “buy” rating and issued a $64.00 price target on shares of Dick’s Sporting Goods in a research note on Friday, May 12th. Wedbush reiterated an “outperform” rating and issued a $68.00 price target on shares of Dick’s Sporting Goods in a research note on Sunday, May 14th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Dick’s Sporting Goods in a research note on Saturday, May 13th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $56.48.
Dick’s Sporting Goods (DKS) opened at 35.80 on Wednesday. Dick’s Sporting Goods has a 1-year low of $34.55 and a 1-year high of $62.88. The firm has a market cap of $4.03 billion, a P/E ratio of 13.87 and a beta of 0.48. The firm’s 50-day moving average price is $38.89 and its 200-day moving average price is $46.62.
Dick’s Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, May 16th. The sporting goods retailer reported $0.54 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.54. Dick’s Sporting Goods had a net margin of 3.57% and a return on equity of 18.61%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. Dick’s Sporting Goods’s revenue was up 9.9% on a year-over-year basis. Equities research analysts anticipate that Dick’s Sporting Goods will post $3.66 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 9th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend was Wednesday, June 7th. Dick’s Sporting Goods’s payout ratio is currently 26.25%.
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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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