The Dick's Sporting Goods Inc (NYSE:DKS) Raised to "Sell" at BidaskClub

Marco Green
August 12, 2017

Its down 6.61% from 10.03 million shares previously. Creative Planning increased its position in shares of Dick's Sporting Goods by 72.2% in the second quarter.

Among 29 analysts covering Dick's Sporting Goods Inc. State Street Corporation invested in 0% or 1.06 million shares. It has outperformed by 18.50% the S&P500. (DKS) stake by 3.37% reported in 2016Q4 SEC filing. Finally, Advisory Services Network LLC purchased a new stake in Dick's Sporting Goods during the first quarter worth approximately $209,000. Netscout Sys Inc now has $3.03 billion valuation. The New York-based Spark Investment Management Llc has invested 0.08% in the stock. NetScout Systems, Inc. (NASDAQ:NTCT) has risen 51.24% since August 10, 2016 and is uptrending. It has outperformed by 33.38% the S&P500.

Since March 10, 2017, it had 0 buys, and 2 sales for $16.80 million activity. 333,344 shares were sold by STACK EDWARD W, worth $15.82M. 20,000 shares were sold by CHIRICO EMANUEL, worth $974,642 on Friday, March 10. The sporting goods retailer reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 13.17 and a beta of 0.47. Hedge funds and other institutional investors own 79.49% of the company's stock.

Ratings analysis reveals 67% of Dick's Sporting Goods's analysts are positive. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nineteen have issued a buy rating to the company. Therefore 62% are positive. Dick's Sporting Goods Inc. had 88 analyst reports since July 27, 2015 according to SRatingsIntel. Zacks Investment Research upgraded Dick's Sporting Goods from a "sell" rating to a "hold" rating in a research report on Tuesday, July 18th. They set a "buy" rating and a $45.00 target price for the company. The firm earned "Equal-Weight" rating on Wednesday, August 17 by Barclays Capital. The company was downgraded on Tuesday, February 21 by Oppenheimer. The company's revenue for the quarter was up 9.9% on a year-over-year basis. (DKS) is its Earnings per Share or EPS.

Investors sentiment increased to 1.21 in Q4 2016. Its up 0.31, from 0.9 in 2016Q3.

Tyvor Capital Llc holds 5.87% of its portfolio in Dicks Sporting Goods Inc for 272,952 shares. 71 funds opened positions while 153 raised stakes. Wedbush restated an outperform rating and issued a $68.00 price objective on shares of Dick's Sporting Goods in a research report on Sunday, May 14th. Parametric Port Lc reported 260,003 shares.

Shares of Dick's Sporting Goods (NYSE DKS) traded down 8.40% during trading on Thursday, reaching $33.81.

Yet another important factor while evaluating a good buy/sell decision for Dick's Sporting Goods Inc. Great Lakes Limited Liability accumulated 32,853 shares. Moreover, Buckingham Capital Management Inc has 2.92% invested in the company for 415,440 shares.

TRADEMARK VIOLATION WARNING: This article was originally published by Markets Daily and is the property of of Markets Daily. It is 0.00% or $0 reaching $0 per share. After $0.54 actual EPS reported by Dicks Sporting Goods Inc for the previous quarter, Wall Street now forecasts 92.59% EPS growth. First Republic Management Inc stated it has 0.01% in Dicks Sporting Goods Inc (NYSE:DKS). UBS AG cut Dick's Sporting Goods from a buy rating to a neutral rating in a report on Tuesday, May 16th. Royal Retail Bank Of Canada reported 263,888 shares. 256,499 were reported by Friess Assocs Ltd Liability Co.

Since February 15, 2017, it had 0 insider buys, and 13 selling transactions for $11.24 million activity. ALBERG TOM A had sold 670 shares worth $630,102 on Friday, May 5. The consensus rating is 2.8, suggesting the market has given up on the stock.

In an overview of the current analyst recommendations, Buy count is 1 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. As per Monday, November 16, the company rating was maintained by Canaccord Genuity. The rating was maintained by Credit Suisse on Wednesday, August 17 with "Neutral". Piper Jaffray maintained the stock with "Buy" rating in Wednesday, July 12 report. JP Morgan maintained KCG Holdings, Inc.

Investors sentiment decreased to 0.76 in Q4 2016. Its up 0.31, from 0.9 in 2016Q3. The total value of its holdings increased 208.2%. 23 funds opened positions while 50 raised stakes. Dekabank Deutsche Girozentrale invested 0.03% in CF Industries Holdings, Inc. Kcm Advsrs Limited Liability Company owns 14,825 shares for 0.05% of their portfolio. Vident Investment Advisory Limited Liability Com owns 121,821 shares for 0.19% of their portfolio. The California-based Oakwood Mngmt Ltd Llc Ca has invested 1.15% in Amazon.com, Inc. Sunbelt Secs Inc holds 0% or 101 shares in its portfolio. 12,500 were accumulated by Of Vermont. (NASDAQ:AMZN). Ithaka Grp Incorporated Ltd holds 37,184 shares or 5.49% of its portfolio.

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