Dick's Sporting Goods revealed downbeat fourth quarter results

Dianna Christensen
March 16, 2018

Barclays cut shares of Dicks Sporting Goods from an "equal weight" rating to an "underweight" rating and lowered their price objective for the stock from $33.00 to $25.00 in a research note on Monday, February 5th. About 590,297 shares traded. (NYSE:DKS) has declined 1.35% since March 10, 2017 and is downtrending. It has underperformed by 18.05% the S&P500. Comerica Bankshares invested in 0.01% or 67,571 shares. Exxon Mobil Corp now has $319.27 billion valuation.

The stock increased 0.80% or $0.31 during the last trading session, reaching $39.14. Its up 12.23% from 2.56M shares previously. Kimball Electronics, Inc. (NASDAQ:KE) has risen 57.46% since March 12, 2017 and is uptrending.

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Analysts have suggested a mean rating of 2.7 on the shares. Blackrock Core Bd Tr (BHK) was reduced too. Dicks Sporting Goods's dividend payout ratio (DPR) is 33.21%. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and fourteen have given a buy rating to the company. Therefore 50% are positive. The sporting goods retailer reported $1.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.02. Susquehanna maintained Dick's Sporting Goods, Inc. As per Wednesday, March 8, the company rating was maintained by Canaccord Genuity. The stock of Dick's Sporting Goods, Inc. (NYSE:DKS) has "Buy" rating given on Wednesday, November 15 by BMO Capital Markets. RBC Capital Markets maintained it with "Outperform" rating and $72 target in Friday, August 7 report. Citigroup initiated Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) on Tuesday, January 12 with "Buy" rating. Kepler Cheuvreux upgraded Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) on Friday, September 23 to "Buy" rating. (NYSE:C), 19 have Buy rating, 3 Sell and 18 Hold. The firm earned "Buy" rating on Friday, May 26 by RBC Capital Markets.

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Investors sentiment decreased to 0.8 in Q3 2017. Its up 0.24, from 0.75 in 2017Q2. Mivtachim The Workers Social Insurance Fund Ltd sold 54,000 shares as the company's stock declined 16.20% while stock markets rallied. 21 funds opened positions while 36 raised stakes. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Dick's Sporting Goods, Inc.

Dicks Sporting Goods (NYSE:DKS) traded up $0.32 during trading on Tuesday, reaching $32.88. 228,554 are held by Rothschild Asset Mgmt. Hutchin Hill Cap LP holds 0.12% or 120,700 shares in its portfolio. New York-based Spark Inv Mngmt Limited Liability Corp has invested 0.12% in Dick's Sporting Goods, Inc. (NYSE:DKS). Stifel Fin has invested 0% of its portfolio in Dick's Sporting Goods, Inc. The company P/S (price to Sales) ratio is 0.41, P/B (price to Book) ratio is 1.83, while its P/C (price to Cash) ratio stands at 30.9. (NASDAQ:KE). Legal General Public Lc owns 6,551 shares or 0% of their U.S. portfolio. (NYSE:GS). Artisan Limited Partnership invested in 219,577 shares. 40,000 were reported by King Luther Cap Management. Gulf Int National Bank (Uk) owns 120,254 shares. This is a positive change from Dicks Sporting Goods's previous quarterly dividend of $0.17. Analysts expect DKS to grow earnings at a 8.15% annual rate over the next 5 years. Apache Corporation had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, December 11 by Argus Research. SunTrust maintained the stock with "Hold" rating in Monday, October 16 report. The company has market cap of $3.53 billion. The company was maintained on Wednesday, August 17 by Deutsche Bank. Raymond James downgraded the stock to "Underperform" rating in Wednesday, November 18 report. 348.73 million shares or 2.54% more from 340.10 million shares in 2017Q2 were reported. Milton Bryan W sold $606,082 worth of stock or 7,281 shares.

Investors sentiment increased to 1.35 in Q3 2017. 49 funds opened positions while 157 raised stakes. It improved, as 53 investors sold NOV shares while 189 reduced holdings. Wallington Asset Mngmt Ltd Co has invested 1.21% in Exxon Mobil Corporation (NYSE:XOM). Daiwa Inc owns 2,200 shares or 0% of their United States portfolio. Pension Service has invested 1.44% in Exxon Mobil Corporation (NYSE:XOM). Blair William And Il reported 28,157 shares. Moreover, Kanawha Ltd Com has 2.06% invested in Exxon Mobil Corporation (NYSE:XOM). Ckw Fincl Grp Inc invested in 0.04% or 700 shares. Markel has invested 0.89% in Exxon Mobil Corporation (NYSE:XOM).

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