A number of equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Dick's Sporting Goods from a "sell" rating to a "hold" rating in a report on Tuesday, July 18th. It has been assigned a low target price of $23 and a high target price of $39. So far 1 shares have changed hands. They issued a "buy" rating and a $45.00 target price for the company. Dick's Sporting Goods's dividend payout ratio (DPR) is now 24.29%.
DICK'S Sporting Goods Announces 2017 Holiday Hours, Largest-Ever Black Friday Lineup and dicks.com Deals. The company has a current ratio of 1.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.10. The value of the investment in Dick's Sporting Goods Inc went from $7,826,000 to $4,220,000 a change of 46.1% quarter to quarter. The firm has a market cap of $2,936.45, a PE ratio of 8.14, a PEG ratio of 1.18 and a beta of 0.48.
Consumer shares were mixed ahead of the opening bell Tuesday. Analysts are forecasting earnings of $0.26 on a per share basis this quarter. The company also expects to open eight new Golf Galaxy stores, relocate one Golf Galaxy store and open eight new Field & Stream stores adjacent to Dick's Sporting Goods stores. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the business earned $0.48 EPS. The company's revenue for the quarter was up 9.6% compared to the same quarter last year. research analysts predict that Dick's Sporting Goods Inc will post 2.88 earnings per share for the current year.
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In other Dick's Sporting Goods news, Director William J. Colombo purchased 20,000 shares of the company's stock in a transaction on Tuesday, August 22nd. During fiscal 2017, the company repurchased approximately 6.8 million shares of its common stock at an average cost of $35.70 per share, for a total cost of $242 million, and has approximately $0.8 billion remaining under its authorization that extends through 2021. With short interest at 12,533,861 and short average daily volume at 2,613,136, the short-interest ratio is 5.0 and the percentage of shorted shares was 0.15% on October 31. Dimensional Fund Advisors LP lifted its position in shares of Dick's Sporting Goods by 4.7% during the 1st quarter. Manning & Napier Advisors LLC now owns 178,750 shares valued at $4,828,000. US Bancorp DE raised its stake in Dick's Sporting Goods by 0.8% during the second quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Teachers Advisors LLC lifted its position in shares of Dick's Sporting Goods by 18.0% during the 1st quarter. The count of Hold ratings in that period was 15. Finally, Diversified Investment Strategies LLC boosted its stake in Dick's Sporting Goods by 11.0% in the 2nd quarter.
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