The stock of Dicks Sporting Goods Inc (NYSE:DKS) is a huge mover today! About 3.03 million shares traded hands or 50.00% up from the average. Dicks Sporting Goods Inc (NYSE:DKS) has risen 25.80% since April 14, 2016 and is uptrending. It has outperformed by 21.11% the S&P500.
The move comes after 5 months positive chart setup for the $6.16B company. It was reported on Nov, 16 by Barchart.com. We have $92.02 PT which if reached, will make NYSE:DKS worth $3.51B more.
Dicks Sporting Goods Inc (NYSE:DKS) Ratings Coverage
Out of 24 analysts covering Dick’s Sporting Goods Inc. (NYSE:DKS), 16 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 67% are positive. Dick’s Sporting Goods Inc. has been the topic of 64 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Goldman Sachs downgraded the shares of DKS in a report on Wednesday, August 17 to “Neutral” rating. The stock has “Outperform” rating given by Telsey Advisory Group on Wednesday, November 18. The stock of Dicks Sporting Goods Inc (NYSE:DKS) earned “Neutral” rating by B. Riley & Co on Friday, December 18. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, August 12. The firm has “Buy” rating by UBS given on Tuesday, August 11. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, November 18 report. The company was maintained on Wednesday, November 18 by UBS. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, November 19. The firm earned “Neutral” rating on Wednesday, August 17 by Credit Suisse. The firm has “Neutral” rating given on Thursday, August 20 by SunTrust.
According to Zacks Investment Research, “Dick’s Sporting Goods is a leading full-line sporting goods retailer in the United States.”
Insitutional Activity: The institutional sentiment increased to 1.04 in Q2 2016. Its up 0.15, from 0.89 in 2016Q1. The ratio is positive, as 53 funds sold all Dicks Sporting Goods Inc shares owned while 131 reduced positions. 56 funds bought stakes while 135 increased positions. They now own 80.43 million shares or 5.13% less from 84.78 million shares in 2016Q1.
Aqr Cap Ltd has invested 0.08% of its portfolio in Dicks Sporting Goods Inc (NYSE:DKS). Camarda Financial Advsrs Lc last reported 167 shares in the company. Stifel Fincl holds 0% of its portfolio in Dicks Sporting Goods Inc (NYSE:DKS) for 21,872 shares. Diam Ltd owns 7,266 shares or 0% of their US portfolio. Pensionfund Dsm Netherlands last reported 72,800 shares in the company. Arcadia Mgmt Mi reported 24,665 shares or 0.36% of all its holdings. Orrstown Financial Svcs accumulated 0% or 45 shares. Allianz Asset Mgmt Ag holds 0% of its portfolio in Dicks Sporting Goods Inc (NYSE:DKS) for 166,484 shares. Mechanics State Bank Trust Department last reported 41,005 shares in the company. First Trust Advsrs Ltd Partnership has 441,399 shares for 0.06% of their US portfolio. Westpac Corporation, a Australia-based fund reported 160,106 shares. Phocas last reported 102,015 shares in the company. The Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt has invested 0.04% in Dicks Sporting Goods Inc (NYSE:DKS). Glg Partners L P, a United Kingdom-based fund reported 440,598 shares. Blackrock Advsrs Limited Liability Corp last reported 474,929 shares in the company.
Insider Transactions: Since August 23, 2016, the stock had 0 insider buys, and 1 sale for $2.16 million net activity. Another trade for 36,737 shares valued at $2.16 million was sold by Willoughby Michele.
More notable recent Dicks Sporting Goods Inc (NYSE:DKS) news were published by: Fool.com which released: “Dick’s Sporting Goods Inc. Fumbles — Why Shares Fell” on November 16, 2016, also Nasdaq.com with their article: “Earnings Reaction History: Dick’s Sporting Goods, Inc., 40.0% Follow-Through …” published on November 15, 2016, Usnews.com published: “4 Things to Know When Buying Dicks Sporting Goods Inc. Stock (DKS)” on October 21, 2016. More interesting news about Dicks Sporting Goods Inc (NYSE:DKS) were released by: Businessinsider.com and their article: “Dick’s Sporting Goods is trying to buy bankrupt Golfsmith” published on October 18, 2016 as well as Prnewswire.com‘s news article titled: “DICK’S Sporting Goods Third Quarter Results Call Scheduled for November 15th” with publication date: November 08, 2016.
DKS Company Profile
DICK’S Sporting Goods, Inc., incorporated on November 25, 1996, is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores in the eastern United States. The Firm also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, as well as e-commerce Websites at www.DICKS.com, www.golfgalaxy.com, www.fieldandstreamshop.com and www.caliastudio.com. The Firm offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear. The Firm offers products to its clients through its retail stores and online.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.