Dick's Sporting Goods (NYSE:DKS) Rating Reiterated by Cowen

Marco Green
December 5, 2017

Logan Capital Management Inc decreased Sherwin Williams Co Com (NYSE:SHW) stake by 1,568 shares to 64,985 valued at $22.81M in 2017Q2. Meanwhile, the average 12-month price target from Wall Street analysts is now $28.62, this means that the stock is overpriced by -0.978%. About 3.88 million shares traded or 18.83% up from the average. (NYSE:DKS) news were published by: Seekingalpha.com which released: "Dick's Sporting Goods Will Use 2018 As An Opportunity To Adapt" on November 29, 2017, also Prnewswire.com with their article: "DICK'S Sporting Goods Announces 2017 Holiday Hours, Largest-Ever Black Friday ..." published on November 08, 2017, Seekingalpha.com published: "Dick's Q3 Earnings Show The Right Moves" on November 16, 2017. (NYSE:DKS) has a market cap of $3.1 billion and over the last 12 months, DKS has declined by -51.12%. It has underperformed by 18.05% the S&P500. It was reported on Dec, 4 by Barchart.com. DKS's shares are therefore the less volatile of the two stocks. (NYSE:DKS) has "Neutral" rating given on Wednesday, November 15 by Buckingham Research. More interesting news about Dick's Sporting Goods, Inc. The firm earned "Perform" rating on Tuesday, February 21 by Oppenheimer. (NYSE:DKS). 34,285 were accumulated by Midas Mgmt. On Monday, January 30 the stock rating was upgraded by Goldman Sachs to "Buy". On Wednesday, August 16 the stock rating was downgraded by Deutsche Bank to "Hold". The firm has "Buy" rating given on Wednesday, November 15 by J.P. Morgan. On Thursday, August 20 the stock rating was maintained by SunTrust with "Neutral". The company was maintained on Tuesday, August 11 by FBR Capital. The firm presently has an "equal weight" rating on the sporting goods retailer's stock. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.30 as current ratio and on the opponent side the debt to equity ratio was 0.91 and long-term debt to equity ratio also remained 0.81. Its down 0.34, from 1.15 in 2017Q1.

Publicly-traded company Dick's Sporting Goods, Inc. Gemmer Asset Mgmt Lc reported 123 shares. Mitsubishi Ufj Tru And Banking reported 174,249 shares. (NYSE:DKS). Clinton Incorporated holds 70,604 shares or 0.29% of its portfolio. Ubs Asset Americas stated it has 317,098 shares.

The stock increased 0.35% or $0.2 during the last trading session, reaching $57.8. Levin Cap Strategies Ltd Partnership has invested 0.22% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS) for 17,700 shares. Gam Holdings Ag accumulated 465,504 shares. Massmutual Fsb Adv has 16,551 shares.

How Quickly Dick's Sporting Goods, Inc.

Dick's Sporting Goods (NYSE:DKS) had its target price cut by Credit Suisse Group from $28.00 to $24.00 in a research report report published on Wednesday, November 15th.

TRADEMARK VIOLATION NOTICE: "Dick's Sporting Goods (NYSE:DKS) Price Target Lowered to $28.00 at Morgan Stanley" was first published by StockNewsTimes and is owned by of StockNewsTimes. The Gross Margin Score of Dick's Sporting Goods, Inc. Of the analysts surveyed by Reuters that track Dick's Sporting Goods, Inc. Finally, Prudential Financial Inc. grew its holdings in Dick's Sporting Goods by 316.5% during the third quarter. (DKS) now has 109360 shares outstanding, which means that its market capitalization is $3.10B. It has a 76.54 P/E ratio.

Several other research analysts have also commented on the company. The MF Rank of Dick's Sporting Goods, Inc.

Analysts have given a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 28% are positive.

Shifting gears, we can see that Dick's Sporting Goods, Inc. Teachers Advisors LLC now owns 173,167 shares of the sporting goods retailer's stock worth $8,426,000 after acquiring an additional 26,401 shares during the period. The sporting goods retailer reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.04. Zacks downgraded the stock to "Buy" rating in Wednesday, August 26 report. The rating was maintained by KeyBanc Capital Markets with "Hold" on Wednesday, August 23. (NASDAQ:MANH) on Monday, October 19 with "Buy" rating. The rating was upgraded by CLSA to "Outperform" on Thursday, September 1. RBC Capital Markets maintained it with "Outperform" rating and $61 target in Wednesday, March 8 report. 25 of them rate its stock a hold. It tells an investor how quickly a company is increasing its revenues. Its up 0.03, from 1.1 in 2017Q1. Federated Investors Pa accumulated 69,583 shares. 40 funds opened positions while 91 raised stakes. The Logan Capital Management Inc holds 253,193 shares with $10.08 million value, up from 104,267 last quarter. The Massachusetts-based Winslow Evans & Crocker Inc has invested 0% in Petards Group plc (LON:PEG). (NYSE:DKS) were released by: Seekingalpha.com and their article: "Dick's Sporting Goods: Is The Bottom In?" published on November 17, 2017 as well as Nasdaq.com's news article titled: "Dick's Sporting Goods Named Top Dividend Stock With Insider Buying and 2.31 ..." with publication date: November 30, 2017. Horizon Kinetics Limited Liability Co owns 9,812 shares. Korea Inv Corporation reported 0.02% stake. Tudor Invest Et Al holds 28,749 shares or 0.04% of its portfolio.

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