Dicks Sporting Goods Inc (NYSE:DKS): Analyst's Estimations

Dick's Sporting Goods Poised For Market Share Gains As Q4 Report Looms
Dicks Sporting Goods Inc (NYSE:DKS): Analyst's Estimations

08 March, 2017

Net sales for quarter increased 10.9% to approximately $2.48 billion, in line with expectations. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Also, the company remains prone to macroeconomic hurdles and stiff competition Nonetheless, DICK'S Sporting's focus on store expansion and undertaking investments in omni-channel business, bode well. IFP Advisors Inc now owns 3,204 shares of the sporting goods retailer's stock valued at $144,000 after buying an additional 2,968 shares during the last quarter. Zacks Investment Research upgraded Dicks Sporting Goods from a "hold" rating to a "buy" rating and set a $67.00 price objective for the company in a research report on Wednesday, November 30th.

His conclusion? While the sporting goods chain doesn't suffer the same "symptoms of the disease" that his competitors "atrophied from and died", that doesn't mean it can sit idly by.

Dicks Sporting Goods Inc's consensus price target is around $63.20 a share. The legal version of this report can be viewed at https://www.com-unik.info/2017/03/07/metropolitan-life-insurance-co-ny-decreases-position-in-dicks-sporting-goods-inc-dks.html. They set a "neutral" rating for the company. One research analyst has rated the stock with a sell rating, ten have given a hold rating and twenty-three have issued a buy rating to the company. (NYSE:DKS)went up 1.90% during trading on the United States exchange where it had a trading capacity of 2.32M shares. Large ranges indicate high volatility and small ranges indicate low volatility.

"Research Analysts Offer Predictions for Dicks Sporting Goods Inc's Q1 2018 Earnings (DKS)" was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives.

On a call with investors following Dick's fiscal fourth-quarter earnings report, Stack outlined how his company will continue grabbing share amid consolidation in the industry.

12/09/2016 - Dick's Sporting Goods Inc had its " rating reiterated by analysts at UBS.

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Looking ahead, Dick's sees Q1 EP of $0.50 to $0.55 and full-year EPS of $3.65 to $3.75. The average numbers of shares are traded in a security per day, during the recent 3-month period.

The company reported its last quarter on Oct 16. Shareholders of record on Friday, March 10th will be given a dividend of $0.17 per share. It has a dividend yield of 3.88%. The ex-dividend date is Wednesday, March 8th.

Dick's Sporting Goods has expanded its ecommerce revenue stream, a crucial strategy as big box retailers struggle to remain competitive in an Amazon-dominated market. Dicks Sporting Goods Inc has a one year low of $37.96 and a one year high of $62.88.

Average next regular session additional loss: 1.8%. The number of shares now owned by investors are 109.85 mln. The SEC filing shows that COLOMBO WILLIAM J performed a sale of 32,844 shares.

Best time to invest in stock market is when things are on odd side, and it's not easy how to pick stocks. The shares were sold at an average price of $58.50, for a total transaction of $877,500.00.

Chief Executive Edward Stack said the company saw meaningful market share gains and growth across each of its three primary categories-hardlines, apparel and footwear. The disclosure for this sale can be found here. After a recent spot-check, the stock has touched $48.06 which represents a change from the open of -5.78%.

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