Dick’s Sporting Goods Inc (NYSE:DKS) shares traded -1.89% down during most recent session to reach at the closing price of $36.8. The stock exchanged hands 3.03 Million shares versus average trading capacity of 3.02 Million shares, yielding a market cap of $3.65 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $39.05 within the next 52-weeks. The mean target projections are based on 20 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Dick’s Sporting Goods Inc (NYSE:DKS) high price target of $46 and with a conservative view have low price target of $26.
Morgan Stanley “Maintained” Dick’s Sporting Goods Inc (NYSE:DKS) in a research note issued to investors on 10/11/18 to Equal-Weight with price target of $36.
Additionally on 8/30/18 Canaccord Genuity “Maintained” Dick’s Sporting Goods Inc (NYSE:DKS) to Hold setting price target at $36 and on 8/30/18 Wells Fargo “Maintained” the stock to Outperform at $40. Furthermore on 8/30/18 Citigroup “Maintained” the stock to Buy at $40.
On the other hand the company has Relative Strength Index (RSI 14) of 57.19 along with Average True Range (ATR 14) of 1.28, Consequently Dick’s Sporting Goods Inc (NYSE:DKS)’s weekly and monthly volatility is 3.46%, 3.72% respectively. The company’s beta value is at 0.33.
In terms of Buy, Sell or Hold recommendations, Dick’s Sporting Goods Inc (NYSE:DKS) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Dick’s Sporting Goods Inc (NYSE:DKS)’s minimum EPS for the current quarter is at $0.13 and can go high up to $0.37. The consensus mean EPS for the current quarter is at $0.26 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.3 earnings per share for the same quarter during last year.
Previously Dick’s Sporting Goods Inc (NYSE:DKS) reported $1.2 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.14. The company posted an earnings surprise of 13.2%.
Dick’s Sporting Goods Inc (NYSE:DKS)’s revenue estimates for the current quarter are $1.88 Billion according to 20 number of analysts, for the current quarter the company has high revenue estimates of $1.96 Billion in contradiction of low revenue estimates of $1.8 Billion. For the current year the company’s revenue estimates are $8.46 Billion compared to low analyst estimates of $8.32 Billion and high estimates of $8.63 Billion according to 23 number of analysts.
Currently Dick’s Sporting Goods Inc (NYSE:DKS)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 99.75%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.16%.
Dick’s Sporting Goods Inc (NYSE:DKS)’s trailing twelve month revenues are $8.7 Billion, whereas its price to sales ratio for the same period is 0.42. Its book value per share for the most recent quarter is $19.56 while its price to book ratio for the same period is 1.88, as for as the company’s cash per share for the most recent quarter is $1.25, however its price to cash per share ratio for the same period is 29.39. The stock has 5 year expected PEG ratio of 16.16 whereas its trailing twelve month P/E ratio is 11.31.