DICK’S Sporting Items (NYSE:DKS – Get Score) had its goal value raised by Morgan Stanley from $115.00 to $125.00 in a report revealed on Wednesday, Inventory Goal Advisor reviews. The agency at present has an obese ranking on the sporting items retailer’s inventory.
DKS has been the topic of a number of different reviews. Financial institution of America raised their goal value on DICK’S Sporting Items from $105.00 to $125.00 and gave the corporate a purchase ranking in a analysis be aware on Friday, August nineteenth. Cowen lifted their value goal on DICK’S Sporting Items from $128.00 to $142.00 in a analysis be aware on Wednesday. Evercore ISI lifted their value goal on DICK’S Sporting Items from $120.00 to $160.00 and gave the inventory an outperform ranking in a analysis be aware on Wednesday. DA Davidson lifted their value goal on DICK’S Sporting Items from $120.00 to $130.00 and gave the inventory a purchase ranking in a analysis be aware on Wednesday. Lastly, Cowen lifted their value goal on DICK’S Sporting Items from $126.00 to $128.00 and gave the inventory an outperform ranking in a analysis be aware on Wednesday, August seventeenth. One equities analysis analyst has rated the inventory with a promote ranking, 9 have issued a maintain ranking and twelve have issued a purchase ranking to the inventory. In line with MarketBeat, the inventory has a mean ranking of Average Purchase and a mean goal value of $123.37.
DICK’S Sporting Items Inventory Down 2.8 %
Shares of DICK’S Sporting Items inventory opened at $108.06 on Wednesday. The enterprise has a 50-day shifting common of $91.27 and a 200-day shifting common of $95.97. The corporate has a debt-to-equity ratio of 0.89, a present ratio of 1.88 and a fast ratio of 0.87. The corporate has a market capitalization of $8.70 billion, a PE ratio of 8.35, a P/E/G ratio of two.04 and a beta of 1.63. DICK’S Sporting Items has a 1-year low of $63.45 and a 1-year excessive of $147.39.
DICK’S Sporting Items (NYSE:DKS – Get Score) final introduced its earnings outcomes on Tuesday, August twenty third. The sporting items retailer reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.51 by $0.17. The corporate had income of $3.11 billion in the course of the quarter, in comparison with the consensus estimate of $3.07 billion. DICK’S Sporting Items had a return on fairness of 58.42% and a web margin of 11.75%. The corporate’s income was down 5.0% on a year-over-year foundation. Throughout the identical interval final 12 months, the agency earned $5.08 earnings per share. As a bunch, equities analysts forecast that DICK’S Sporting Items will publish 10.83 EPS for the present fiscal 12 months.
DICK’S Sporting Items Dividend Announcement
The agency additionally just lately declared a quarterly dividend, which can be paid on Friday, September thirtieth. Stockholders of document on Friday, September ninth can be issued a dividend of $0.488 per share. The ex-dividend date is Thursday, September eighth. This represents a $1.95 dividend on an annualized foundation and a dividend yield of 1.81%. DICK’S Sporting Items’s dividend payout ratio (DPR) is presently 15.07%.
Insider Exercise
In different DICK’S Sporting Items information, Director William J. Colombo bought 5,000 shares of the enterprise’s inventory in a transaction dated Tuesday, Might thirty first. The shares had been purchased at a mean value of $80.99 per share, with a complete worth of $404,950.00. Following the completion of the acquisition, the director now owns 162,003 shares within the firm, valued at roughly $13,120,622.97. The acquisition was disclosed in a doc filed with the SEC, which might be accessed by means of this hyperlink. Company insiders personal 32.83% of the corporate’s inventory.
Institutional Inflows and Outflows
Plenty of hedge funds have just lately made adjustments to their positions in DKS. Renaissance Applied sciences LLC elevated its stake in shares of DICK’S Sporting Items by 1,226.2% in the course of the second quarter. Renaissance Applied sciences LLC now owns 1,209,479 shares of the sporting items retailer’s inventory valued at $91,158,000 after buying an extra 1,118,279 shares in the course of the interval. HS Administration Companions LLC elevated its stake in shares of DICK’S Sporting Items by 368.8% in the course of the first quarter. HS Administration Companions LLC now owns 1,418,366 shares of the sporting items retailer’s inventory valued at $141,865,000 after buying an extra 1,115,841 shares in the course of the interval. CIBC Non-public Wealth Group LLC elevated its stake in shares of DICK’S Sporting Items by 14,621.4% in the course of the second quarter. CIBC Non-public Wealth Group LLC now owns 523,934 shares of the sporting items retailer’s inventory valued at $39,487,000 after buying an extra 520,375 shares in the course of the interval. AQR Capital Administration LLC elevated its stake in shares of DICK’S Sporting Items by 155.1% in the course of the second quarter. AQR Capital Administration LLC now owns 636,689 shares of the sporting items retailer’s inventory valued at $47,446,000 after buying an extra 387,139 shares in the course of the interval. Lastly, Lord Abbett & CO. LLC acquired a brand new place in shares of DICK’S Sporting Items in the course of the first quarter valued at roughly $38,324,000. Institutional traders and hedge funds personal 78.92% of the corporate’s inventory.
About DICK’S Sporting Items
(Get Score)
DICK’S Sporting Items, Inc, along with its subsidiaries, operates as a sporting items retailer primarily within the jap United States. The corporate gives hardlines, together with sporting items gear, health gear, golf gear, and looking and fishing gear merchandise; attire; and footwear and equipment.
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