Dick’s Sporting Goods Inc Commo (NYSE:DKS):
DICK’S Sporting Goods Announces Grand Opening Celebration in Thousand Oaks, CA.
The company is so far trading down by -2.35 percent from yesterday’s close.
Dick’s Sporting Goods Inc Commo also announced a dividend for shareholders that will be paid on Friday September 30th, 2016. The dividend will be $0.150 per share for the quarter which comes to $0.60 on an annualized basis. This dividend amount will represent a yeild of $1.00. The ex-dividend date will be Wednesday September 7th, 2016.
Shares last traded at $59.00 just above $58.67, the 50 day moving average and just a bit higher than the 200 day moving average of $48.89. The 50 day moving average was up $0.36 or +0.61% whereas the 200 day average was up by +20.75%.
The most current P/E ratio is 20.68 and the market value is 6.67B. In the latest earnings report the EPS was $2.86 and is estimated to be $3.06 for the current year with 112,913,000 shares currently outstanding. Next quarter’s EPS is expected be $1.32 with next year’s EPS projected to be $3.70.
A few investment firms have weighed in on the stock recently. On September 20 analysts at Guggenheim Securities began coverage of the stock with an initial rating of “Neutral”. On September 15, 2016 the stock rating was set at “Outperform” in a report from Oppenheimer up from the previous “” rating.
On August 30 Argus Research maintained a stock rating of “” and raised the price target to $66.00 from $50.00. August 17 investment analysts at BMO Capital held the stock rating at “Outperform” and raised the price expectation from $63.00 to $65.00.
On August 17 Deutsche Bank held the company rating at “Buy” but raised the price expectation to $67.00 from $63.00. August 17 investment analysts at Barclays maintained a company rating of “Neutral” but moved up the price target to $61.00 from $50.00.