Dicks Sporting Goods (DKS) Earning Somewhat Favorable Media Coverage, Report Shows

Headlines about Dicks Sporting Goods (NYSE:DKS) have been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dicks Sporting Goods earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the sporting goods retailer an impact score of 45.0878674236122 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

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

Shares of Dicks Sporting Goods (NYSE DKS) opened at $31.50 on Friday. The stock has a market cap of $3,406.82, a P/E ratio of 11.62, a PEG ratio of 1.85 and a beta of 0.61. Dicks Sporting Goods has a 52 week low of $23.88 and a 52 week high of $53.75. The company has a quick ratio of 0.25, a current ratio of 1.61 and a debt-to-equity ratio of 0.28.

Dicks Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, November 14th. The sporting goods retailer reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $1.94 billion during 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 business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 earnings per share. sell-side analysts anticipate that Dicks Sporting Goods will post 2.99 earnings per share for the current fiscal year.

A number of brokerages have commented on DKS. Oppenheimer reaffirmed a “hold” rating on shares of Dicks Sporting Goods in a research note on Tuesday, November 14th. Susquehanna Bancshares reduced their target price on shares of Dicks Sporting Goods from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, November 10th. Forward View raised shares of Dicks Sporting Goods from a “sell” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Thursday, November 16th. Telsey Advisory Group raised shares of Dicks Sporting Goods from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $25.00 to $42.00 in a research note on Thursday, January 25th. Finally, Citigroup reduced their target price on shares of Dicks Sporting Goods from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, November 16th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $33.88.

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About Dicks Sporting Goods

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.

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