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.

A number of equities analysts have recently issued reports on the company. Goldman Sachs Group assumed coverage on Dicks Sporting Goods in a research report on Thursday, July 11th. They set a neutral rating and a $38.00 price target on the stock. ValuEngine downgraded Dicks Sporting Goods from a sell rating to a strong sell rating in a research report on Thursday, August 1st. Bank of America set a $40.00 price target on Dicks Sporting Goods and gave the stock a hold rating in a research report on Thursday, May 30th. Zacks Investment Research raised Dicks Sporting Goods from a hold rating to a buy rating and set a $36.00 price target on the stock in a research report on Monday, July 1st. Finally, TheStreet downgraded Dicks Sporting Goods from a b rating to a c+ rating in a research report on Thursday, June 20th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $40.13.

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

Earnings History and Estimates for Dicks Sporting Goods (NYSE:DKS)

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.