DICK'S Sporting Goods (NYSE:DKS - Free Report) had its price objective upped by TD Cowen from $266.00 to $270.00 in a report released on Tuesday, Benzinga reports. TD Cowen currently has a buy rating on the sporting goods retailer's stock.
Several other equities research analysts also recently commented on the stock. Stifel Nicolaus boosted their target price on shares of DICK'S Sporting Goods from $215.00 to $232.00 and gave the stock a hold rating in a research report on Thursday, May 30th. Oppenheimer lifted their price target on DICK'S Sporting Goods from $240.00 to $270.00 and gave the company an outperform rating in a research report on Thursday, May 30th. DA Davidson boosted their price target on shares of DICK'S Sporting Goods from $250.00 to $265.00 and gave the stock a buy rating in a research note on Wednesday, May 29th. Citigroup raised their price objective on DICK'S Sporting Goods from $220.00 to $230.00 and gave the company a neutral rating in a research note on Thursday, May 30th. Finally, Truist Financial increased their target price on shares of DICK'S Sporting Goods from $243.00 to $256.00 and gave the stock a buy rating in a report on Thursday, May 30th. Ten investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of $242.67.
View Our Latest Stock Analysis on DICK'S Sporting Goods
DICK'S Sporting Goods Trading Down 2.0 %
NYSE DKS traded down $4.84 on Tuesday, hitting $232.12. The company's stock had a trading volume of 2,106,389 shares, compared to its average volume of 1,116,548. The company has a quick ratio of 0.65, a current ratio of 1.71 and a debt-to-equity ratio of 0.55. DICK'S Sporting Goods has a 1-year low of $100.98 and a 1-year high of $239.30. The company's 50-day moving average is $214.48 and its 200 day moving average is $206.84. The firm has a market cap of $18.92 billion, a PE ratio of 19.62, a PEG ratio of 2.59 and a beta of 1.65.
Insider Buying and Selling
In other news, Director Desiree Ralls-Morrison sold 3,489 shares of the company's stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $206.65, for a total transaction of $721,001.85. Following the completion of the sale, the director now owns 5,609 shares of the company's stock, valued at approximately $1,159,099.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 32.03% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On DICK'S Sporting Goods
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DKS. V Square Quantitative Management LLC purchased a new stake in DICK'S Sporting Goods during the 1st quarter valued at approximately $25,000. ICA Group Wealth Management LLC purchased a new position in DICK'S Sporting Goods during the second quarter valued at $28,000. Covestor Ltd boosted its holdings in shares of DICK'S Sporting Goods by 70.5% during the 1st quarter. Covestor Ltd now owns 133 shares of the sporting goods retailer's stock valued at $30,000 after purchasing an additional 55 shares during the last quarter. Innealta Capital LLC purchased a new position in shares of DICK'S Sporting Goods during the second quarter valued at about $31,000. Finally, ORG Partners LLC bought a new stake in shares of DICK'S Sporting Goods in the second quarter worth about $30,000. 89.83% of the stock is owned by hedge funds and other institutional investors.
About DICK'S Sporting Goods
(Get Free Report)
DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.
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