Dick’s Sporting Goods Inc (NYSE:DKS)
Morgan Stanley Maintains Dick’s Sporting Goods Inc (NYSE:DKS)’s stock to Equal-Weight with the price target of $36. This rating was issued on 10/11/18. The stock recently closed its previous session at $33.31 by showing a percentage change of -0.3% from its previous day closing price of $33.41.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Dick’s Sporting Goods Inc (NYSE:DKS) in which Canaccord Genuity Maintains Dick’s Sporting Goods Inc (NYSE:DKS) to Hold by settling a price target of $36 on 8/30/18. Wells Fargo Maintains the stock to Outperform on 8/30/18 by stationing a price target of $40. Citigroup Maintains the company’s stock to Buy on 8/30/18 by setting a price target of $40. Cowen & Co. Maintains Dick’s Sporting Goods Inc (NYSE:DKS) to Market Perform with a price target of $42.
Dick’s Sporting Goods Inc (NYSE:DKS) currently has a consensus Price Target of $38.92. While some analysts have a High Price target for the stock of $46 and a Low Price Target of $26.
Several sell side analysts reviewed their recommendations on Dick’s Sporting Goods Inc (NYSE:DKS) where 5 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 20 rated the stock as Hold, 1 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.37. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, Dick’s Sporting Goods Inc (NYSE:DKS) reported its Actual EPS of $1.2/share. The analysts offering Earnings Estimates for the company were believing that Dick’s Sporting Goods Inc (NYSE:DKS) could bring EPS of $1.06/share. The difference between Actual EPS and Estimated EPS was 0.14 Percent. Thus the company showed an Earnings Surprise of 13.2 Percent.
Dick’s Sporting Goods Inc (NYSE:DKS) has a market capitalization of 3.37 Billion. The stock traded with the volume of 2.82 Million shares in the last trading session. The stock touched its high share price of $39.74 on 09/11/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/01/17 as $23.88. The company has a 1 Year high price target of $38.86. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -6.41%. The Moving Average SMA50 is -7.78% while SMA200 is -2.15%.
Dick’s Sporting Goods Inc (NYSE:DKS) is currently showing its ROA (Return on Assets) of 7.6%. The Return on Investment (ROI) is at 15.6% while it’s Return on Equity (ROE) value stands at 17.4%. The stock currently shows its YTD (Year to Date) performance of 15.9 percent while its Weekly performance value is -0.42%. The Monthly and Yearly performances are -12.8 percent and 31.66 percent respectively. The Relative Volume value measured for Dick’s Sporting Goods Inc (NYSE:DKS) is 1. The Average Volume (3 months) is 2.81 Million.
The stock currently has its Annual Dividend of $0.9 and an annual Dividend Yield of 2.7 Percent. DKS has P/E (Price to Earnings ttm) value of 10.24, Forward P/E of 10.12, P/C (Price to cash per share) of 27.29 and Price to Free Cash Flow (P/FCF) value of 8.46. The stock is showing its Operating Margin of 5.5 percent.
DICK’S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. The Company serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated associates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. DICK’S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as DICK’S Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. DICK’S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.