Brokers Set Expectations for Dick's Sporting Goods Inc's Q3 2018 Earnings (DKS)


The stock decreased 0.33% or $0.58 during the last trading session, reaching $174.67. About 255,912 shares traded. GasLog Ltd (NYSE:GLOG) has risen 20.14% since November 12, 2016 and is uptrending. It has outperformed by 41.26% the S&P500. Symons Capital Management Inc. owned about 0.17% of Big 5 Sporting Goods Corporation worth $278,000 as of its most recent SEC filing. The funds in our partner's database now hold: 26.05 million shares, up from 25.87 million shares in 2017Q1. Finally, BidaskClub lowered Dick's Sporting Goods from a "sell" rating to a "strong sell" rating in a research report on Tuesday, July 25th. The analysts, on average, are forecasting a $29.13 price target, but the stock is already up 12.44% from its recent lows. About 5.38M shares traded or 89.44% up from the average. It has underperformed by 18.05% the S&P500. Telsey Advisory Group downgraded shares of Dick's Sporting Goods from an outperform rating to a market perform rating and cut their target price for the company from $52.00 to $40.00 in a research note on Monday, July 24th. PBF Energy Inc. earnings have declined with an annualized rate of -4.35% over the last 5 years. DKS's profit will be $28.47 million for 25.82 P/E if the $0.26 EPS becomes a reality. Bbva Compass Bank Inc reported 0.01% in Dicks Sporting Goods Inc (NYSE:DKS). Wedbush also issued estimates for Dick's Sporting Goods' Q4 2018 earnings at $1.11 EPS, FY2018 earnings at $2.87 EPS, Q2 2019 earnings at $0.91 EPS, Q3 2019 earnings at $0.30 EPS and Q4 2019 earnings at $1.20 EPS. The company has a current ratio of 1.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.10. It fall, as 78 investors sold DKS shares while 132 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in DKS.

Insight Capital Research & Management Inc decreased Exelixis Inc (EXEL) stake by 27.59% reported in 2017Q2 SEC filing. California Employees Retirement invested in 0.01% or 209,300 shares. (NASDAQ:BJRI). Intll Grp has 15,357 shares for 0% of their portfolio. Tributary Cap Mgmt Limited Liability Company invested 0.12% in Dicks Sporting Goods Inc (NYSE:DKS). Southeastern Asset Management Inc Tn owns 6.44 million shares or 1.87% of their United States portfolio. Wg Shaheen & Assocs Dba Whitney & Communications has 110,843 shares. Bankshares Of New York Mellon stated it has 0.02% of its portfolio in Dicks Sporting Goods Inc (NYSE:DKS). Advisor Prtn Lc reported 7,745 shares or 0.5% of all its holdings. Assetmark reported 1,733 shares. Its shares have trimmed 3.47% since hitting a peak level on November 10, 2017. Piermont Cap reported 0.18% in Exelixis, Inc.

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The consensus recommendation - averaging the work of 31 analysts - of 3 for Dick's Sporting Goods, Inc. Therefore 21% are positive.

Dick's Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, August 15th. Deutsche Bank downgraded the stock to "Hold" rating in Wednesday, August 16 report.

In other news, Director Van B. Honeycutt bought 48,000 shares of the company's stock in a transaction on Friday, August 18th. The firm has "Buy" rating given on Friday, August 12 by Stifel Nicolaus. The firm has "Hold" rating given on Monday, August 14 by Cowen & Co. As per Wednesday, August 17, the company rating was maintained by Citigroup.

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Dick's Sporting Goods (NYSE DKS) opened at $26.85 on Friday. RBC Capital Markets maintained the shares of DKS in report on Friday, September 8 with "Hold" rating. Canaccord Genuity has "Hold" rating and $47 target. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more. Davidson Kempner Capital Management Lp sold 225,000 shares as Bjs Restaurants Inc (BJRI)'s stock rose 25.34%. Punch Investment Mgmt Inc owns 91,329 shares or 0.34% of their U.S. portfolio. Chipotle Mexican Grill Inc (NYSE:CMG) was raised too. American International Group Inc divested its stake by selling 6,443 shares a decrease of 3.6%. It also reduced Nuvectra Corp stake by 34,623 shares and now owns 206,638 shares.

Among 21 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Robert W. Baird maintained the shares of BJRI in report on Thursday, October 26 with "Hold" rating. The stock has "Sell" rating by Wolfe Research on Wednesday, November 1. Maxim Group has "Buy" rating and $18000 target. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. The company was upgraded on Wednesday, February 24 by B. Riley & Co. The rating was maintained by Brean Capital on Friday, September 11 with "Buy". The firm earned "Buy" rating on Thursday, November 19 by Monness Crespi & Hardt.

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