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
Author

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.

Theresa May Warns Independence Would "Wrench Scotland Out Of Its Biggest Market"
In last June's Brexit referendum, the people of Scotland voted by 62 percent to 38 percent in favor of remaining in the EU.


Traders boycott Pepsi, Coca-Cola in Tamil Nadu
Most of the traders were also anxious about the infrastructure facilities if they ban these two brands. The traders bodies have asked restaurants and hotels not to sell the MNC drinks and water.


Ukip donor Banks will stand against party's only MP
Meanwhile, Arron Banks has waded into the row with a plan to revitalise Ukip and bring back Mr Farage to spearhead party success. Speaking after the event, he said: "It's not just me".


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%.


More news


  • Nintendo Switch game cartridges taste disgusting  on objective

    Nintendo Switch game cartridges taste disgusting on objective

    For those unfamiliar, the Nintendo Switch's Pro controller is basically your standard gamepad design. Furthermore, GAME has also stated to Express Online that the Console is Out of Stock at this time.

    Syrian peace talks flounder as participants ask: Where is America?

    Earlier in the day, representatives of the delegation met with UN Special Envoy for Syria Staffan de Mistura. Government troops are confronted by militants of different armed rebel groups.
    Home Price Gains Accelerate, for Now

    Home Price Gains Accelerate, for Now

    Investing.com had forecast a 0.7% MoM seasonally adjusted increase and 5.3% YoY nonseasonally adjusted for the 20-city series. The regional index of home prices, adjusted for seasonal swings, was up 5.4 percent in December compared to a year ago.
  • Denver Broncos coach likes the 2 QBs he has

    Appearing on PFT Live , Broncos coach Vance Joseph said Trevor Siemian (shoulder surgery) will be ready for OTAs. Neither Elway nor Joseph was anxious about Siemian's long-term prospects in the wake of the injury.
    Dave Chappelle's Netflix Specials Just Got a Teaser Trailer and Release Date

    Dave Chappelle's Netflix Specials Just Got a Teaser Trailer and Release Date

    Netflix has just teased a two part special via a short video, and the release date is coming up - March 21. The trio of comical shows cost Netflix $60 Million USD to get Chappelle on board.

    Hugh Jackman has a special message for Virat Kohli and his men

    In the new R-rated action flick Logan , Hugh Jackman plays a different Wolverine from what audiences have seen before. He said that he would teleport himself to India for Shah Rukh Khan and Sachin Tendulkar.
  • A 2013 Tax Refund Could Be Yours

    A 2013 Tax Refund Could Be Yours

    The IRS recently released a statement saying the unclaimed tax year of 2013 impacts more than 18,000 people in Alabama. But again, if you're the one who's owed money, you won't be penalized for getting your return in late.

    Kings add Iginla in bid to improve scoring punch

    Iginla, 39, is in the final year of his contract and can become an unrestricted free agent July 1. The Kings acquired the pick after trading left wing Dwight King to the Montreal Canadiens.
    Berkeley still all-time top producer of Peace Corps volunteers

    Berkeley still all-time top producer of Peace Corps volunteers

    Linde's extension of the Wisconsin Idea came to pass when she went to a career fair and heard from other Peace Corps volunteers. This is the third year that Bowdoin has ranked among the top small schools, moving up from the No. 14 spot in 2016.
  • 97-Year-Old Twins Found Dead in RI Driveway

    97-Year-Old Twins Found Dead in RI Driveway

    John W. "Jack" Haley, Jr., who lived at the home on Opechee Drive, died in 1995 leaving behind a wife, Jean, and three children. The official cause of death has yet to be determined, but police believe the "extreme cold temperatures" played a factor.

    Adele Brings Look-alike Drag Queen on Stage In Australia

    However, the singer took a crowd poll towards the end of her show, which suggested fireworks might be included during the rest of the tour.
    Senate confirms billionaire investor Wilbur Ross as commerce secretary

    Senate confirms billionaire investor Wilbur Ross as commerce secretary

    As a private-equity investor, he restructured companies across a range of industries including steel, banking and textiles. The bank's former chairman, Vladimir Strzhalkovsky, is reportedly close to President Putin, a fellow former KGB agent.