Published On: Fri, Sep 16th, 2016

Dick’s Sporting Goods (DKS) – Research Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Dick’s Sporting Goods (NYSE: DKS):

9/15/2016 – Dick’s Sporting Goods was upgraded by analysts at Citigroup Inc. to an “outperform” rating. They now have a $75.00 price target on the stock.
9/15/2016 – Dick’s Sporting Goods was upgraded by analysts at Oppenheimer Holdings Inc. from a “market perform” rating to an “outperform” rating. They now have a $75.00 price target on the stock.
9/6/2016 – Dick’s Sporting Goods was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $61.50 price target on the stock.
8/30/2016 – Dick’s Sporting Goods had its price target raised by analysts at Argus from $52.00 to $66.00. They now have a “buy” rating on the stock.
8/29/2016 – Dick’s Sporting Goods was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $61.50 price target on the stock.
8/24/2016 – Dick’s Sporting Goods was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $59.20 price target on the stock.
8/22/2016 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $66.00 price target on the stock.
8/22/2016 – Dick’s Sporting Goods was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $61.50 price target on the stock.
8/18/2016 – Dick’s Sporting Goods had its price target raised by analysts at Stifel Nicolaus from $60.00 to $65.00. They now have a “buy” rating on the stock.
8/18/2016 – Dick’s Sporting Goods had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $48.00 price target on the stock.
8/18/2016 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Forward View. They now have a $64.00 price target on the stock.
8/18/2016 – Dick’s Sporting Goods was given a new $64.00 price target on by analysts at Forward View Consulting. They now have a “buy” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $66.00 price target on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Credit Suisse Group AG from $48.00 to $55.00. They now have a “neutral” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Morgan Stanley from $44.00 to $54.00. They now have an “equal weight” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $50.00 price target on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Citigroup Inc. from $58.00 to $68.00. They now have a “buy” rating on the stock.
8/17/2016 – Dick’s Sporting Goods was downgraded by analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating. They now have a $61.00 price target on the stock, up previously from $56.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Telsey Advisory Group from $58.00 to $65.00. They now have an “outperform” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Royal Bank Of Canada from $59.00 to $66.00. They now have an “outperform” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Monness Crespi & Hardt from $54.00 to $66.00. They now have a “buy” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at Deutsche Bank AG from $53.00 to $67.00. They now have a “buy” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its price target raised by analysts at BMO Capital Markets from $52.00 to $65.00. They now have an “outperform” rating on the stock.
8/17/2016 – Dick’s Sporting Goods had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $66.00 price target on the stock, up previously from $59.00.
8/16/2016 – Dick’s Sporting Goods was given a new $64.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
8/15/2016 – Dick’s Sporting Goods was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $57.00 price target on the stock.
8/15/2016 – Dick’s Sporting Goods had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.. They now have a $52.00 price target on the stock, down previously from $56.00.
8/12/2016 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $61.00 price target on the stock.
8/12/2016 – Dick’s Sporting Goods had its price target raised by analysts at Stifel Nicolaus from $50.00 to $60.00. They now have a “buy” rating on the stock.
8/12/2016 – Dick’s Sporting Goods is now covered by analysts at Susquehanna. They set a “positive” rating and a $65.00 price target on the stock.
8/11/2016 – Dick’s Sporting Goods had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $48.00 price target on the stock.
8/9/2016 – Dick’s Sporting Goods was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating.
8/5/2016 – Dick’s Sporting Goods was upgraded by analysts at Cleveland Research from a “neutral” rating to a “buy” rating. They now have a $59.00 price target on the stock.
8/3/2016 – Dick’s Sporting Goods had its price target raised by analysts at Goldman Sachs Group Inc. from $53.00 to $56.00. They now have a “buy” rating on the stock.
8/2/2016 – Dick’s Sporting Goods had its price target raised by analysts at Citigroup Inc. from $50.00 to $58.00. They now have a “buy” rating on the stock.
8/1/2016 – Dick’s Sporting Goods was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $53.33 price target on the stock.
7/29/2016 – Dick’s Sporting Goods was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating.
7/21/2016 – Dick’s Sporting Goods was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $53.25 price target on the stock.
7/18/2016 – Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.. They now have a $53.00 price target on the stock.

Shares of Dick’s Sporting Goods Inc. (NYSE:DKS) traded up 2.92% during midday trading on Thursday, reaching $60.36. The company’s stock had a trading volume of 2,176,235 shares. Dick’s Sporting Goods Inc. has a 52 week low of $33.42 and a 52 week high of $60.55. The firm’s 50 day moving average is $56.32 and its 200 day moving average is $47.79. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 21.14 and a beta of 0.83.
Dick’s Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, August 16th. The sporting goods retailer reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.13. The firm earned $2 billion during the quarter, compared to the consensus estimate of $1.88 billion. Dick’s Sporting Goods had a return on equity of 18.43% and a net margin of 4.32%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 earnings per share. Equities analysts forecast that Dick’s Sporting Goods Inc. will post $3.06 EPS for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 9th will be paid a dividend of $0.1513 per share. This represents a $0.61 annualized dividend and a yield of 1.00%. The ex-dividend date is Wednesday, September 7th. Dick’s Sporting Goods’s dividend payout ratio (DPR) is currently 21.33%.
In other Dick’s Sporting Goods news, EVP Michele Willoughby sold 36,737 shares of the business’s stock in a transaction on Thursday, August 25th. The shares were sold at an average price of $58.78, for a total transaction of $2,159,400.86. Following the sale, the executive vice president now directly owns 98,923 shares of the company’s stock, valued at approximately $5,814,693.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 22.96% of the company’s stock.
DICK’S Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, as well as e-commerce Websites at www.DICKS.com, www.golfgalaxy.com, www.fieldandstreamshop.com and www.caliastudio.com.

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