Analysts rated Dicks Sporting Items, Inc. Provided Predictions for FY 2023 Earnings of (NYSE: DKS)


Dick’s Sporting Items, Inc. (NYSE: DKS – Obtain Ranking) — Funding analysts at D.A. Davidson raised their fiscal 2023 earnings per share (EPS) estimates for Dicks Sporting Items in a analysis be aware issued to traders on Wednesday, November 23. DA Davidson analyst M. Baker now estimates that the sporting items retailer will put up earnings of $11.85 per share for the yr, up from his earlier forecast of $11.31. The consensus estimate for DICK’S Sporting Items’ present full-year earnings per share is $11.89. DA Davidson additionally issued a Dix Sporting Items This autumn 2023 earnings estimate of $2.67 EPS.

Different analysis analysts have additionally issued analysis reviews on the corporate. Gordon Haskett upgraded Dicks Sporting Items from a “maintain” ranking to a “purchase” ranking and set a $135.00 goal value for the corporate in a analysis report on Tuesday. OTR International upgraded DICK’S Sporting Items from “blended” ranking to “optimistic” ranking in a analysis report on Wednesday, August 17. Oppenheimer upgraded DICK’S Sporting Items to an “outperform” ranking from “market carry out” ranking and set a $138.00 value goal for the corporate in a report on Thursday, October 20. Evercore ISI raised its value goal on DICK’s Sporting Items from $120.00 to $160.00 and gave the corporate an “outperform” ranking in a report on Wednesday, August 24. Lastly, StockNews.com assumed protection on DICK’S Sporting Items in a report on Wednesday, October 12. He issued a “Maintain” ranking for the corporate. 5 analysis analysts have rated the inventory with a Maintain ranking and fifteen have issued a Purchase ranking to the corporate’s inventory. The corporate at present has a mean ranking of “Reasonable Purchase” and a consensus value goal of $135.16, based on information from MarketBeat.com.

Dick’s Sporting Items fill up 1.0%

Shares of NYSE:DKS opened on Thursday at $118.98. The DICK’S Sporting Items 1-Yr Low was $63.45 and the 1-Yr Excessive was $132.75. The commerce has a 50-day easy shifting common at $110.13 and a two-hundred-day easy shifting common at $98.03. The agency has a market capitalization of $9.42 billion, a PE ratio of 10.50, a price-to-earnings-growth ratio of 1.98, and a beta of 1.46. The corporate has a debt-to-equity ratio of 0.69, a present ratio of 1.81 and a fast ratio of 0.75.

DICK’S Sporting Items (NYSE:DKS – Get Ranking) final introduced its earnings outcomes on Tuesday, August 23. The sporting items retailer reported $3.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.15. Dicks Sporting Items’s Return on Fairness was 52.43% and Internet Margin was 9.52%. The enterprise’s income was $3.11 billion throughout the quarter, in comparison with analyst estimates of $3.07 billion. Throughout the identical quarter final yr, the enterprise earned $5.08 per share. The corporate’s income for the quarter was down 5.0% in comparison with the identical quarter final yr.

Dick’s Sporting Items Dividend Announcement

The enterprise additionally just lately introduced a quarterly dividend, which might be paid on Friday, December 30. A dividend of $0.488 per share might be issued to shareholders of document on Friday, December ninth. The ex-dividend date is Thursday, December eighth. This represents a $1.95 dividend and a yield of 1.64% on an annualized foundation. DICK’S Sporting Items’s dividend payout ratio at present stands at 17.21%.

Hedge funds weigh in on Dick’s Sporting Items

A number of massive traders have just lately modified their positions within the enterprise. HS Administration Companions LLC soared 368.8% in shares of Dicks Sporting Items throughout the first quarter. HS Administration Companions LLC now owns 1,418,366 shares of the sporting items retailer’s inventory valued at $141,865,000 after buying an extra 1,115,841 shares within the final quarter. Balyasny Asset Administration LLC elevated its shares of DICK’S Sporting Items by 6,908.1% throughout the third quarter. Blyasny Asset Administration LLC now owns 1,244,493 shares of the sporting items retailer valued at $1,30,224,000 after shopping for an extra 1,226,735 shares within the final quarter. Renaissance Applied sciences LLC elevated its place in shares of Dicks Sporting Items by 1,226.2% throughout the second quarter. Renaissance Applied sciences LLC now owns 1,209,479 shares of the sporting items retailer valued at $91,158,000 after buying an extra 1,118,279 shares within the final quarter. Samlyn Capital LLC elevated its place in shares of DICK’S Sporting Items by 179.0% throughout the third quarter. Samlin Capital LLC now owns 1,179,258 shares of the sporting items retailer valued at $123,397,000 after shopping for an extra 756,539 shares within the final quarter. Lastly, AQR Capital Administration LLC elevated its place in shares of DICK’S Sporting Items by 155.1% throughout the second quarter. AQR Capital Administration LLC now owns 636,689 shares of the sporting items retailer’s inventory valued at $47,446,000 after buying an extra 387,139 shares within the final quarter. 78.85% of the inventory is owned by institutional traders and hedge funds.

About Dick’s Sporting Items

(get ranking)

DICK’S Sporting Items, Inc., along with its subsidiaries, operates primarily as a sporting items retailer within the japanese United States. The corporate provides hardworking sporting items gear, health gear, golf gear, and searching and fishing gear merchandise together with; attire; and sneakers and equipment.

Additional studying

Earnings History and Estimates for Dick's Sporting Goods (NYSE:DKS)

This immediate information alert was generated by descriptive science expertise and monetary information from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by Marketbeat’s editorial workforce earlier than publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you think about Dick’s Sporting Items, you would possibly need to hearken to this.

MarketBeat tracks Wall Avenue’s high rated and finest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized 5 shares that high analysts are quietly whispering to their purchasers to purchase, earlier than the broader market catches on… and Dicks Sporting Items wasn’t on the listing.

Whereas Dicks Sporting Items at present has a “average purchase” ranking amongst analysts, high rated analysts consider these 5 shares are an Higher Purchase.

see 5 shares right here



Supply hyperlink

Techy Exchange

Techy Exchange