Dick’s Sporting Goods, Inc. (NYSE:DKS) Analyst Opinion
Dick’s Sporting Goods, Inc. (NYSE:DKS) stock is presently standing at about $47.29 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 25 analysts covering the company is $61.00, which suggests the stock could still rise over 22 percent. The highest analyst price target is $68.00, which implies a rally of 56 percent. And a quick view of analyst notes show that 11 are rating the stock a buy while 9 rate DKS a strong buy. There are 10 equity research firms advocating a Hold and 0 consider it Sell.
Oppenheimer analysts provided their view on Dick’s Sporting Goods, Inc. (NYSE:DKS) recently. The rating firm issued a Perform rating to this company in a research note released on Feb 21, 2017. Goldman analysts disclosed their opinion on Dick’s Sporting Goods, Inc. (NYSE:DKS) recently. The rating firm gave a Buy rating to this stock in a research note published on Jan 30, 2017. According to a research note disclosed on Aug 17, 2016, analysts at Goldman have lowered their rating on these shares from Buy to Neutral.
Dick’s Sporting Goods, Inc. (NYSE:DKS) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director CHIRICO EMANUEL sold 20,000 company shares for 974600, in a transaction on 2017-03-10. Following the transaction, the Director is left with a stake of 99,171 shares, currently valued at $4689797. Meanwhile, Director COLOMBO WILLIAM J sold 52,156 shares worth $3135100, through a transaction dated 2016-11-23. Following the completion of the transaction, the insider is left with a stake of 310,763 shares, amounting $14695982.27. DKS Director COLOMBO WILLIAM J also sold 32,844 shares, at a stock price of $60.09. This transaction occurred on 2016-11-22 totals $1973600. After this transaction, the insider’s stake stands at 310,763 shares, with a market value of $14695982.
Executives hold 30.26 percent of the stock. Edward W. Stack is one of the biggest insider owners in Dick’s Sporting Goods, Inc. (NYSE:DKS), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 13,343,745 shares which have current market value of around $631025701.05.William J. Colombo is another major inside shareholder in the company. The insider owns 309,963 shares as of 0.28%, currently worth $14658150.27. Gary M. Sterling is ranked as third insider holder of the stock. This insider holds 179,497 shares with a market value around $8488413.13 as of recent close.
Dick’s Sporting Goods, Inc. (NYSE:DKS) Earnings Outlook
In Dick’s Sporting Goods, Inc. (NYSE:DKS)’s latest quarter, EPS moved to $1.32 from $0.48 in preceding quarter and revenues reached at $2,483.43M compared to $1,810.35M. Analysts had expected Dick’s Sporting Goods, Inc. (NYSE:DKS) to post net income of about $1.30 per share on $2,473.71M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.50 to $0.58. That is compared with the $0.50 in EPS it reported during the same period a year ago.