How Analysts Feel About Dicks Sporting Goods Incorporated (NYSE:DKS) After Decrease in Sellers?

January 17, 2018 - By Adrian Mccoy

 How Analysts Feel About Dicks Sporting Goods Incorporated (NYSE:DKS) After Decrease in Sellers?

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.01, from 0.81 in 2017Q2. It fall, as 83 investors sold Dick's Sporting Goods, Inc. shares while 103 reduced holdings. 47 funds opened positions while 102 raised stakes. 75.65 million shares or 8.17% less from 82.39 million shares in 2017Q2 were reported.
Affinity Invest Advsrs Ltd Liability Company reported 103,655 shares. Midas Management holds 0.49% in Dick's Sporting Goods, Inc. (NYSE:DKS) or 34,285 shares. Glg Ltd invested in 0.01% or 4,692 shares. Apg Asset Mgmt Nv holds 0.01% or 243,872 shares. Dimensional Fund L P holds 0.02% or 1.72 million shares. 124 were reported by Benjamin F Edwards And Inc. Maryland-based Profund Advsr Limited Liability has invested 0.01% in Dick's Sporting Goods, Inc. (NYSE:DKS). Pub Employees Retirement Of Ohio owns 117,636 shares. Cubist Systematic Strategies Ltd Liability Corp owns 9,331 shares. Twin Capital Mngmt invested in 0.02% or 17,053 shares. Landscape Mngmt Ltd Com holds 0.9% or 330,527 shares in its portfolio. Morgan Stanley owns 0.01% invested in Dick's Sporting Goods, Inc. (NYSE:DKS) for 1.20M shares. Ny State Teachers Retirement Systems invested in 170,248 shares or 0.01% of the stock. Thrivent For Lutherans has invested 0% in Dick's Sporting Goods, Inc. (NYSE:DKS). Legal & General Group Plc owns 189,281 shares or 0% of their US portfolio.

The stock of Dicks Sporting Goods Incorporated (NYSE:DKS) registered a decrease of 27.61% in short interest. DKS’s total short interest was 10.71 million shares in January as published by FINRA. Its down 27.61% from 14.80M shares, reported previously. With 4.92 million shares average volume, it will take short sellers 2 days to cover their DKS’s short positions. The short interest to Dicks Sporting Goods Incorporated’s float is 12.51%.

The stock increased 2.54% or $0.82 during the last trading session, reaching $33.15. About 1.06M shares traded. Dick's Sporting Goods, Inc. (NYSE:DKS) has declined 1.35% since January 17, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.

Dick's Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company has market cap of $3.56 billion. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. It has a 12.17 P/E ratio. The firm also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.

Dick's Sporting Goods, Inc. (NYSE:DKS) Ratings Coverage

Among 36 analysts covering Dick’s Sporting Goods Inc. (NYSE:DKS), 13 have Buy rating, 1 Sell and 22 Hold. Therefore 36% are positive. Dick’s Sporting Goods Inc. had 136 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, August 17 by Goldman Sachs. The company was maintained on Wednesday, November 16 by RBC Capital Markets. As per Wednesday, November 18, the company rating was maintained by RBC Capital Markets. Bank of America maintained it with “Neutral” rating and $30 target in Wednesday, November 15 report. The company was downgraded on Tuesday, July 25 by Wolfe Research. The rating was downgraded by Forward View Consulting to “Sell” on Wednesday, August 16. The stock of Dick's Sporting Goods, Inc. (NYSE:DKS) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 9. Citigroup maintained it with “Neutral” rating and $28 target in Thursday, November 16 report. The firm earned “Hold” rating on Wednesday, September 27 by Cowen & Co. The stock of Dick's Sporting Goods, Inc. (NYSE:DKS) has “Hold” rating given on Monday, November 16 by Canaccord Genuity.

More notable recent Dick's Sporting Goods, Inc. (NYSE:DKS) news were published by: Benzinga.com which released: “Deutsche Bank: 3 Reasons Why Dick’s Sporting Goods Is A Buy” on January 12, 2018, also Seekingalpha.com with their article: “BMO Capital sees 30% on Dick’s Sporting Goods” published on January 11, 2018, Cnbc.com published: “Dick’s Sporting Goods could be a ‘survivor’ like Best Buy: Wells Fargo” on January 03, 2018. More interesting news about Dick's Sporting Goods, Inc. (NYSE:DKS) were released by: Seekingalpha.com and their article: “Dick’s Sporting Goods – Are These Signs Of A Turnaround?” published on December 20, 2017 as well as Seekingalpha.com‘s news article titled: “Dick’s Sporting Goods A Compelling Buy” with publication date: December 28, 2017.

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