Somewhat Positive Press Coverage Somewhat Unlikely to Impact Dicks Sporting Goods (DKS) Stock Price

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Media stories about Dicks Sporting Goods (NYSE:DKS) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dicks Sporting Goods earned a news impact score of 0.19 on Accern’s scale. Accern also gave media stories about the sporting goods retailer an impact score of 46.9793695463232 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

Shares of DKS opened at $35.98 on Friday. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 11.95, a P/E/G ratio of 1.20 and a beta of 0.51. The company has a quick ratio of 0.24, a current ratio of 1.65 and a debt-to-equity ratio of 0.18. Dicks Sporting Goods has a 1-year low of $23.88 and a 1-year high of $40.77.

Dicks Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 30th. The sporting goods retailer reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.14. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.88 billion. Dicks Sporting Goods had a net margin of 3.75% and a return on equity of 16.98%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 EPS. sell-side analysts expect that Dicks Sporting Goods will post 3.07 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 8th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Thursday, June 7th. This represents a $0.90 dividend on an annualized basis and a yield of 2.50%. Dicks Sporting Goods’s dividend payout ratio is presently 29.90%.

A number of analysts have recently commented on DKS shares. Wedbush reissued a “neutral” rating and issued a $32.00 price target (up from $28.00) on shares of Dicks Sporting Goods in a research report on Wednesday, March 7th. Canaccord Genuity set a $33.00 price target on Dicks Sporting Goods and gave the stock a “hold” rating in a research report on Friday, March 9th. Credit Suisse Group set a $24.00 price target on Dicks Sporting Goods and gave the stock a “hold” rating in a research report on Tuesday, March 13th. Zacks Investment Research cut Dicks Sporting Goods from a “buy” rating to a “hold” rating in a research report on Wednesday, March 14th. Finally, Robert W. Baird reissued a “hold” rating and issued a $34.00 price target on shares of Dicks Sporting Goods in a research report on Thursday, March 15th. Three analysts have rated the stock with a sell rating, sixteen have given a hold rating and twelve have given a buy rating to the company. Dicks Sporting Goods currently has a consensus rating of “Hold” and a consensus price target of $35.32.

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 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)

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