Dicks Sporting Goods Inc (DKS) : 12 brokerage houses believe that Dicks Sporting Goods Inc (DKS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Dicks Sporting Goods Inc (DKS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 21 Wall Street Analysts endorse the stock as a Buy with a rating of 1.81.
Dicks Sporting Goods Inc (DKS) : The most positive equity analysts on Dicks Sporting Goods Inc (DKS) expects the shares to touch $58, whereas, the least positive believes that the stock will trade at $41 in the short term. The company is covered by 19 Wall Street Brokerage Firms. The average price target for shares are $50.32 with an expected fluctuation of $4.85 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Dicks Sporting Goods Inc (NYSE:DKS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.05 and $53.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $55.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.60, notching a gain of 1.68% for the day. The total traded volume was 2,001,575 . The stock had closed at $53.70 on the previous day.
In a related news, Stack Edward W, director officer 10% owner (Chairman and CEO) of Dicks Sporting Goods Inc, unloaded 295,000 shares at an average price of $45.8 on March 10, 2016. The total amount of the transaction was worth $13,511,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
DICKS Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The Company offers hardlines, such as sporting goods equipment, fitness equipment, golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores. As of January 31, 2015, the Company operated 603 Dicks Sporting Goods stores in 46 states, 78 Golf Galaxy stores in 29 states, 10 Field & Stream stores in five states and three True Runner stores in three states. It also operates e-commerce Websites at www.DICKS.com and www.golfgalaxy.com.