DICK'S Sporting Goods (DKS) to Release Quarterly Earnings on Tuesday

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) is projected to release its earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $3.47 per share and revenue of $3.76 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.

DICK'S Sporting Goods Stock Down 0.1 %

Shares of NYSE DKS traded down $0.21 during mid-day trading on Friday, hitting $214.48. The company had a trading volume of 2,015,444 shares, compared to its average volume of 1,077,216. DICK'S Sporting Goods has a one year low of $178.21 and a one year high of $254.60. The company has a market capitalization of $17.47 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 2.47 and a beta of 1.57. The company has a current ratio of 1.72, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $232.16 and a two-hundred day simple moving average of $219.62.

Wall Street Analysts Forecast Growth

DKS has been the topic of a number of recent analyst reports. Telsey Advisory Group restated an "outperform" rating and set a $260.00 target price on shares of DICK'S Sporting Goods in a report on Friday. Truist Financial raised their target price on shares of DICK'S Sporting Goods from $256.00 to $258.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Morgan Stanley boosted their price target on DICK'S Sporting Goods from $245.00 to $255.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. Loop Capital raised their price objective on DICK'S Sporting Goods from $220.00 to $225.00 and gave the company a "hold" rating in a research report on Wednesday, November 27th. Finally, UBS Group raised DICK'S Sporting Goods from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $225.00 to $260.00 in a report on Wednesday, November 27th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, DICK'S Sporting Goods presently has a consensus rating of "Moderate Buy" and a consensus price target of $248.09.

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Insider Buying and Selling

In related news, EVP Julie Lodge-Jarrett sold 5,000 shares of the company's stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $227.99, for a total transaction of $1,139,950.00. Following the transaction, the executive vice president now directly owns 16,504 shares of the company's stock, valued at approximately $3,762,746.96. This represents a 23.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence J. Schorr sold 7,333 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total value of $1,697,956.15. Following the completion of the sale, the director now directly owns 50,997 shares of the company's stock, valued at $11,808,355.35. This trade represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 172,933 shares of company stock valued at $39,655,456 over the last ninety days. 32.03% of the stock is owned by corporate insiders.

DICK'S Sporting Goods Company Profile

Dick's Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.