Big 5 Sporting Goods Co

Big 5 Sporting Goods Co

Big 5 Sporting Goods Co

Net sales for the first quarter of 2017 surged 9.9 percent to approximately $1.83 billion from $1.66 billion a year ago.On average, analysts polled by Thomson Reuters expected earnings of $0.54 per share on sales of $1.84 billion for the quarter. Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Analyst's mean target price for DKS is $60.07 while analysts mean recommendation is 2.10.

Baird reaffirmed their neutral rating on shares of Dicks Sporting Goods Inc (NYSE:DKS) in a research note issued to investors on Wednesday. This is calculated by taking the current share price and dividing it by the forecasted earnings per share. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Company's distance from 20 day simple moving average is -12.30% and distance from 50-Day simple moving average is -12.70%. The stock carved out a 52-week low down at $37.50. (DKS) now trades with a market capitalization of $4.97 Billion. The share price was last seen -5% lower, reaching at $3.8 on May. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 1.04 earnings per share. The Return on Equity (ROE) value stands at 15.5%. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.15 per share.

On 2/23/2016 Dicks Sporting Goods announced a quarterly dividend of $0.15 1.5% with an ex dividend date of 3/9/2016 which will be payable on 3/31/2016.

With these kinds of figures it is worthy to note that Dick's Sporting Goods, Inc.

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In other news, Director Emanuel Chirico sold 20,000 shares of Dicks Sporting Goods stock in a transaction that occurred on Friday, March 10th. Following the transaction, the director now directly owns 119,171 shares in the company, valued at approximately $5,807,202.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The recent change has given its price a 7.51% lead over SMA 50 and -28.3% deficit over its 52-week high. The stock was sold at an average price of $48.73, for a total transaction of $974,600.00.

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. The disclosure for this sale can be found here.

Target Corporation (NYSE:TGT) shares moved to $54.53 after opening the day at $55.51, on Tuesday. Insiders own 22.96% of the company's stock.

Large investors have recently added to or reduced their stakes in the stock.

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Dicks Sporting Goods Inc (NYSE:DKS) is expected to release the earnings of its current quarter on 8/15/17. The Company also relocated two DICK'S Sporting Goods stores, and closed one Golf Galaxy store.

Staples, Inc (SPLS) slumped 4.1% or 38 cents to $8.94 after the specialty retailers stated total sales in the first-quarter ending in March plummeted 5% from a year ago to $4.1 billion. During the same period past year, the firm posted $0.50 earnings per share. State Street Corp boosted its position in Dicks Sporting Goods by 2.1% in the fourth quarter. Finally, Verity Asset Management Inc. acquired a new stake in shares of Dicks Sporting Goods during the first quarter worth $206,000.

Dicks Sporting Goods Inc (NYSE:DKS) updated its second quarter earnings guidance on Tuesday. The Company offers its products through a content-rich e-commerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.

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