For the next 5 years, Dick's Sporting Goods Inc.is expecting Growth of 13.23% per annum, whereas in the past 5 years the growth was 5.9% per annum. Stifel Nicolaus reissued an "outperform" rating and set a $65.00 target price on shares of Dicks Sporting Goods in a research report on Sunday, April 23rd. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.
Dicks Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, May 16th.
Heading into the earnings release, covering analysts have a consensus target price of $60.07 on Dick's Sporting Goods, Inc. shares. Revenue was $1.83 billion, up from $1.66 billion the year prior and on par with the Street view, which CEO Edward W. Stack said bodes well for its future in competing in an online world. The Return on Equity (ROE) value stands at 15.5%. Big 5 shares are down 22.8 percent year to date, and up 54 percent the past year. Goldman Sachs Group Inc upgraded shares of Dicks Sporting Goods from a "neutral" rating to a "buy" rating and raised their target price for the stock from $51.31 to $62.00 in a report on Monday, January 30th. If you are reading this piece of content on another publication, it was stolen and republished in violation of USA and worldwide copyright law. Looking at this figure it suggests that the shares of Dick's Sporting Goods Inc.
Several equities research analysts have commented on the stock.
For the quarter ended March 31, Home Depot Inc. Canaccord Genuity set a $67.00 price target on shares of Dicks Sporting Goods and gave the stock a "buy" rating in a research note on Monday. Quantbot Technologies LP purchased a new position in Dicks Sporting Goods during the third quarter worth approximately $4,343,000. Roadrunner Transportation Systems, Inc. has 0 buy ratings, 4 holds and 0 sells even after the stock tumbled -47.56% from its high of $11.88 to a $238.48 million market value through last close.
Now the P/E of Dick's Sporting Goods Inc. stands at 18.56.
In recent action, Dick's Sporting Goods, Inc.
The counter witnessed a trading volume of 0.15 million shares versus an average volume of 0.31 million shares during last trading session. Dicks Sporting Goods Inc now has $4.65 billion valuation.
Market Capitalization can be thought of as the overall price to buy the company. The firm has a 50-day moving average price of $49.94 and a 200-day moving average price of $52.96.
A number of other large investors have also bought and sold shares of the stock. New York-based Intll Gru Inc has invested 0.03% in Dicks Sporting Goods Inc (NYSE:DKS). BlackRock Inc. now owns 8,515,919 shares of the sporting goods retailer's stock worth $414,382,000 after buying an additional 8,230,087 shares during the last quarter. Renaissance Technologies LLC now owns 2,054,600 shares of the sporting goods retailer's stock worth $99,977,000 after buying an additional 1,662,700 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Dicks Sporting Goods by 143.5% in the first quarter. Finally, Acrospire Investment Management LLC increased its stake in Dicks Sporting Goods by 38.1% in the third quarter.
Price T Rowe Associates Inc increased Global Pmts Inc (NYSE:GPN) stake by 1.33 million shares to 9.29 million valued at $749.89 million in 2017Q1.