Somewhat Critical News Coverage Somewhat Unlikely to Impact Dicks Sporting Goods (DKS) Stock Price

Share on StockTwits

News articles about Dicks Sporting Goods (NYSE:DKS) have been trending somewhat negative this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dicks Sporting Goods earned a media sentiment score of -0.13 on Accern’s scale. Accern also assigned headlines about the sporting goods retailer an impact score of 43.7781754991176 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of NYSE:DKS opened at $33.76 on Friday. The company has a market capitalization of $3,774.14, a PE ratio of 11.22, a P/E/G ratio of 1.23 and a beta of 0.50. Dicks Sporting Goods has a twelve month low of $23.88 and a twelve month high of $52.31. The company has a quick ratio of 0.21, a current ratio of 1.41 and a debt-to-equity ratio of 0.03.

Dicks Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, March 13th. The sporting goods retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.20 by $0.02. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.73 billion. Dicks Sporting Goods had a net margin of 3.77% and a return on equity of 16.86%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.32 earnings per share. equities analysts forecast that Dicks Sporting Goods will post 2.94 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 9th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Thursday, March 8th. This is a positive change from Dicks Sporting Goods’s previous quarterly dividend of $0.17. Dicks Sporting Goods’s dividend payout ratio is currently 29.90%.

Several equities analysts recently commented on DKS shares. Citigroup raised Dicks Sporting Goods from a “neutral” rating to a “buy” rating and increased their target price for the company from $28.00 to $35.00 in a report on Tuesday, December 19th. Barclays lowered Dicks Sporting Goods from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $33.00 to $25.00 in a report on Monday, February 5th. Wells Fargo raised Dicks Sporting Goods from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $26.00 to $35.00 in a report on Wednesday, January 3rd. Susquehanna Bancshares raised Dicks Sporting Goods from a “neutral” rating to a “positive” rating and raised their price target for the stock from $25.00 to $41.00 in a report on Tuesday, January 23rd. Finally, Stifel Nicolaus set a $30.00 price target on shares of Dicks Sporting Goods and gave the company a “hold” rating in a research report on Saturday, December 16th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $34.85.

ILLEGAL ACTIVITY NOTICE: “Somewhat Critical News Coverage Somewhat Unlikely to Impact Dicks Sporting Goods (DKS) Stock Price” was published by BBNS and is the property of of BBNS. If you are accessing this article on another website, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this article can be accessed at https://baseballnewssource.com/2018/04/07/somewhat-negative-media-coverage-somewhat-unlikely-to-affect-dicks-sporting-goods-dks-stock-price/2038083.html.

Dicks Sporting Goods Company Profile

Dick's Sporting Goods, Inc operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. The company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.

Insider Buying and Selling by Quarter for Dicks Sporting Goods (NYSE:DKS)

Receive News & Ratings for Dicks Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dicks Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.