Dicks Sporting Goods (NYSE:DKS) Updates FY20 Earnings Guidance
Dicks Sporting Goods (NYSE:DKS) issued an update on its FY20 earnings guidance on Thursday morning. The company provided earnings per share guidance of ~$3.30-3.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.31. Dicks Sporting Goods also updated its FY 2019 guidance to $3.30-3.45 EPS.
Shares of NYSE:DKS opened at $34.65 on Thursday. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 10.69, a price-to-earnings-growth ratio of 1.76 and a beta of 0.57. Dicks Sporting Goods has a 52 week low of $29.69 and a 52 week high of $41.21. The company has a quick ratio of 0.16, a current ratio of 1.31 and a debt-to-equity ratio of 1.67. The firm has a 50 day moving average of $35.35 and a 200 day moving average of $36.30.
Dicks Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Thursday, August 22nd. The sporting goods retailer reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.05. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.21 billion. Dicks Sporting Goods had a net margin of 3.76% and a return on equity of 16.95%. Dicks Sporting Goods’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 earnings per share. On average, sell-side analysts expect that Dicks Sporting Goods will post 3.33 EPS for the current year.
Dicks Sporting Goods Company Profile
Dick's Sporting Goods, Inc operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. The company also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; and e-commerce Websites, as well as Dick's Team Sports HQ, a youth sports digital platform that offers free league management services, mobile apps, free league management services, communications and live scorekeeping, custom uniforms and fan wear, and access to donations and sponsorships.
Featured Story: Quick Ratio
Receive News & Ratings for Dicks Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dicks Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.