Dicks Sporting Goods (DKS) Getting Somewhat Favorable Press Coverage, Report Shows

News headlines about Dicks Sporting Goods (NYSE:DKS) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dicks Sporting Goods earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the sporting goods retailer an impact score of 45.9652801824115 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

Dicks Sporting Goods (DKS) opened at $33.04 on Friday. Dicks Sporting Goods has a twelve month low of $23.88 and a twelve month high of $54.03. The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 0.28. The stock has a market cap of $3,550.00, a PE ratio of 12.19, a PEG ratio of 1.76 and a beta of 0.56.

Dicks Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, November 14th. The sporting goods retailer reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Dicks Sporting Goods had a net margin of 3.54% and a return on equity of 17.95%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 earnings per share. equities research analysts forecast that Dicks Sporting Goods will post 2.98 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.68 dividend on an annualized basis and a yield of 2.06%. Dicks Sporting Goods’s payout ratio is currently 25.09%.

A number of research firms have weighed in on DKS. Cowen set a $34.00 target price on shares of Dicks Sporting Goods and gave the stock a “hold” rating in a research report on Friday, January 12th. Deutsche Bank raised shares of Dicks Sporting Goods from a “hold” rating to a “buy” rating and boosted their target price for the stock from $33.00 to $39.00 in a research report on Friday, January 12th. Buckingham Research raised shares of Dicks Sporting Goods from a “neutral” rating to a “buy” rating in a research report on Wednesday. Canaccord Genuity set a $34.00 target price on shares of Dicks Sporting Goods and gave the stock a “hold” rating in a research report on Sunday, January 7th. Finally, BMO Capital Markets set a $40.00 target price on shares of Dicks Sporting Goods and gave the stock a “buy” rating in a research report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $33.36.

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Dicks Sporting Goods Company Profile

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 primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.

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

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