Dick's Sporting Goods Stock Tanks As Q4 Revenue, Comps Miss

Dick's Sporting Goods Stock Tanks As Q4 Revenue, Comps Miss

The stock increased or $0 during the last trading session, hitting $. State Street Corp is the second biggest holder with 3 million shares now valued at 83.73 million whilst Northern Trust Investments N A has 3 million shares valued at 81.08 million. (NYSE:DKS) has declined 1.35% since March 12, 2017 and is downtrending.

Spark Investment Management LLC grew its stake in Dicks Sporting Goods Inc (NYSE:DKS) by 400.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Armstrong Henry H Associates Inc sold 10,140 shares as the company's stock rose 6.48% with the market. The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01M, down from 196,575 at the end of the previous reported quarter. Hemenway Trust Company Llc who had been investing in Unilever Plc New Adr for a number of months, seems to be bullish on the $149.77B market cap company. The stock decreased 0.52% or $0.24 during the last trading session, reaching $44.58.

The company recorded fourth quarter Non-GAAP net income of $ 127.34 million or $ 1.22 per share, while analysts from Thomson Reuters expected income of $ 1.20 per share.

The company expects to open approximately 19 new DICK'S Sporting Goods stores and relocate approximately four DICK'S Sporting Goods stores in 2018. (NYSE:DKS) has declined 1.35% since March 11, 2017 and is downtrending. It has underperformed by 11.44% the S&P500. (NYSE:DKS), 16 have Buy rating, 2 Sell and 18 Hold. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and fourteen have given a buy rating to the stock. Therefore 56% are positive. Coca-Cola had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The company now has an average rating of "Hold" and an average price target of $33.96. The firm earned "Buy" rating on Friday, January 12 by Deutsche Bank. Credit Suisse has "Hold" rating and $4400 target. On Tuesday, October 17 the stock rating was maintained by Jefferies with "Hold". The rating was maintained by BMO Capital Markets with "Underperform" on Wednesday, July 26. (NYSE:CIT) has "Outperform" rating given on Tuesday, October 6 by Oppenheimer. (NYSE:DKS) rating on Monday, August 7. The firm has "Equal-Weight" rating by Morgan Stanley given on Monday, September 18.

Same-store sales declined by 0.3% year over year.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.25, from 0.99 in 2017Q2.

Dick's Sporting Goods Stock Tanks As Q4 Revenue, Comps Miss

Shares of Dick's fell as low as $29 in premarket trading. Tudor Investment Et Al invested in 17,487 shares. Westpac Banking Corporation has invested 0.01% in Sirius XM Holdings Inc. Jpmorgan Chase accumulated 527,771 shares or 0% of the stock. Putnam Invs stated it has 81,008 shares or 0.01% of all its holdings. 884.13 million shares or 3.66% less from 917.75 million shares in 2017Q2 were reported. Meiji Yasuda Asset Limited invested 0.01% of its portfolio in Sirius XM Holdings Inc. Citigroup Incorporated holds 159,916 shares. (NYSE:CIT) or 104,661 shares. (NYSE:CIT) for 30 shares. Hbk Ltd Partnership owns 478,400 shares. Wells Fargo And Comm Mn accumulated 0.03% or 2.34 million shares. 110,485 are held by Peak6 Ltd Partnership. Moreover, Scotia Capital Inc has 0.01% invested in Apache Corporation (NYSE:APA) for 12,560 shares.

Among 36 analysts covering Dick's Sporting Goods Inc. Therefore 33% are positive. Dick's Sporting Goods Inc. had 142 analyst reports since July 27, 2015 according to SRatingsIntel. On Wednesday, February 3 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The brokerage now has a hold rating on the sporting goods retailer's stock. Suntrust Robinson maintained the shares of DKS in report on Wednesday, November 18 with "Neutral" rating. The rating was upgraded by Wolfe Research to "Outperform" on Tuesday, March 14. Finally, Bank of America decreased their target price on Dicks Sporting Goods from $35.00 to $30.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 15th. Canaccord Genuity maintained the shares of DKS in report on Friday, March 9 with "Hold" rating. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.61 and a quick ratio of 0.25.

Fred's, Inc. analysts gave 0 buy-equivalent recommendations, 0 sells and 3 holds.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.09, from 0.8 in 2017Q2. 47 funds opened positions while 102 raised stakes. Dicks Sporting Goods updated its FY19 guidance to $2.80-3.00 EPS. Dicks Sporting Goods has a 1-year low of $23.88 and a 1-year high of $52.31. (NYSE:DKS). Edmp has invested 0.38% in Dick's Sporting Goods, Inc. (NYSE:DKS) for 550 shares. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 123,431 shares in the quarter, for a total of 294,808 shares, and has risen its stake in Realpage Inc (NASDAQ:RP). Dicks Sporting Goods's dividend payout ratio (DPR) is 33.21%. 13 were accumulated by Country Comml Bank. It dropped, as 83 investors sold Dick's Sporting Goods, Inc. shares while 103 reduced holdings. Canada Pension Plan Inv Board invested 0.02% in Dick's Sporting Goods, Inc. (NYSE:DKS) for 173,186 shares. Delpha Capital Management LLC acquired a new position in Dicks Sporting Goods during the fourth quarter worth approximately $132,000. (NYSE:DKS) for 818,178 shares.

Dick's expects 2018 earnings of about $2.80 to $3 per share. Jacobs Levy Equity Mngmt owns 94,820 shares or 0.05% of their USA portfolio. Moreover, Dimensional Fund LP has 0.02% invested in Dick's Sporting Goods, Inc.

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