Dick's Sporting sees hit from firearm policy changes

Andrew Cummings
March 13, 2018

The stock decreased 1.51% or $5.21 during the last trading session, reaching $338.98. About 15,906 shares traded. PolyOne Corporation (NYSE:POL) has risen 5.26% since March 12, 2017 and is uptrending.

Dick's Sporting Goods (NYSE: DKS) on Tuesday reported fourth-quarter earnings that slightly topped analysts' estimates but revenue and same-store sales fell short.

Outlook: Full-year EPS of $2.80-$3.00, above the consensus for $2.76, with same-store sales flat to down by low single digits. Castleark Management Llc who had been investing in Dicks Sporting Goods Inc for a number of months, seems to be less bullish one the $3.57B market cap company. This represents a $0.90 annualized dividend and a dividend yield of 2.82%. About 7.14M shares traded or 137.01% up from the average.

During the quarter, the company closed three Dick's Sporting Goods stores and four Golf Galaxy stores. The stock has "Neutral" rating by Longbow on Tuesday, July 28. It has underperformed by 11.44% the S&P500. This is an increase from Dicks Sporting Goods's previous quarterly dividend of $0.17. Therefore 68% are positive. The firm earned "Buy" rating on Friday, January 12 by Deutsche Bank. The stock of The Boeing Company (NYSE:BA) has "Overweight" rating given on Friday, July 14 by JP Morgan.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. The firm has "Outperform" rating given on Wednesday, November 16 by RBC Capital Markets. The rating was maintained by Jefferies with "Hold" on Friday, August 4. The stock has "Hold" rating by Monness on Wednesday, August 16. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. (NYSE:DKS). Next Gru stated it has 0% of its portfolio in Dick's Sporting Goods, Inc.

Among 19 analysts covering CIT Group (NYSE:CIT), 8 have Buy rating, 0 Sell and 11 Hold. The Ls Investment Advisors Llc holds 218,298 shares with $17.90M value, up from 214,594 last quarter.

Investors sentiment increased to 1.5 in Q3 2017. Its down 0.01, from 0.81 in 2017Q2. It worsened, as 83 investors sold DKS shares while 103 reduced holdings. 47 funds opened positions while 102 raised stakes.

Dick's Sporting Goods Inc.'s insider ownership stands at 0.2 percent, while its insider transaction is 0 percent. Bb&T invested 0.02% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS). Teacher Retirement Of Texas reported 60,909 shares stake. Wealth Enhancement Advisory Service Limited Liability Company invested in 0.45% or 66,969 shares. Punch Associate Mngmt reported 91,159 shares stake. Fulton Natl Bank Na accumulated 0.02% or 8,512 shares. (NASDAQ:KE). Legal General Public Lc owns 6,551 shares or 0% of their USA portfolio. Goldman Sachs Gp holds 0.01% or 833,515 shares in its portfolio. Aspiriant Ltd Llc owns 1,105 shares. This is an increase from Dicks Sporting Goods's previous quarterly dividend of $0.17. Aull Monroe Mngmt holds 18,257 shares. Oppenheimer Asset Mgmt reported 0.47% of its portfolio in The Boeing Company (NYSE:BA).

The company's diluted EPS for trailing twelve months was 2.71.

A total of 7.12 Billion shares exchanged at hands and its average trading volume is standing at 2.95 Million shares. Therefore 55% are positive. As per Tuesday, August 29, the company rating was maintained by Jefferies. Credit Suisse has "Hold" rating and $4800 target. The rating was downgraded by Goldman Sachs to "Sell" on Monday, January 9. (NYSE:DKS) rating on Thursday, July 20. HSBC maintained the shares of KO in report on Wednesday, September 27 with "Buy" rating. BMO Capital Markets initiated the shares of XOM in report on Friday, December 2 with "Market Perform" rating. Same-store sales grew 5% during the same period a year earlier. 12,000 shares were sold by Chapman Neil A, worth $996,628.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.09, from 0.8 in 2017Q2. 25 funds opened positions while 74 raised stakes. Natixis Asset Management holds 10,674 shares or 0.02% of its portfolio. 40,000 were reported by King Luther Cap Management. Raymond James & reported 62,614 shares stake. Fiera owns 158,561 shares. Aperio Lc holds 0.03% in CIT Group Inc. Cs Mckee Limited Partnership has 515,075 shares for 1.08% of their portfolio. Interocean Cap Ltd Company, Illinois-based fund reported 84,455 shares.

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