31.35 -0.06 (-0.19%)
After hours: 5:20PM EDT
|Bid||31.02 x 100|
|Ask||33.05 x 200|
|Day's Range||31.09 - 31.98|
|52 Week Range||23.88 - 52.31|
|PE Ratio (TTM)||10.44|
|Forward Dividend & Yield||0.90 (2.74%)|
|1y Target Est||N/A|
Former U.S. President Barack published a piece in TIME on Thursday praising the work of the Parkland student activists, saying they are helping change the minds of Americans. More Americans and some companies are pushing for stricter gun control laws as a result of the February shooting in Parkland, Fla. Obama believes that younger voices will usher in a new era of political activism and change.
As of April 13, 2018, most analysts covering Dick’s Sporting Goods (DKS) stock had recommended “hold.” Of 30 analysts, 63.0% recommended “hold,” 27.0% recommended “buy,” and 10.0% recommended “sell.”
Comparing PE (price-to-earnings) multiples for companies in the same sector helps investors make sound investment decisions. Forward PE multiples, which are stock prices divided by analysts’ earnings estimates for the next four quarters, are among the most used ratios for investment decisions.
Not satisfied with the gun industry's response to demands for help ending an epidemic of gun violence, groups representing millions of workers are pressuring what they see as an even bigger change-maker.
In fiscal 2018, Dick’s Sporting Goods (DKS) expects to report EPS (earnings per share) of $2.80–$3.00, compared with $3.01 in fiscal 2017. Its bottom line is expected to be impacted by having one fewer week in the year—the 53rd week in fiscal 2017 added $0.09 to its bottom line. Due to the Tax Cuts and Jobs Act, the effective tax rate is expected to be 26% in fiscal 2018, compared with 35.5% in fiscal 2017.
In fiscal 2018, Dick’s Sporting Goods (DKS) expects its gross margin to contract marginally due to an improved inventory balance in the supply chain and an innovative product pipeline. In fiscal 2018, its operating margin is expected to narrow from the 5.6% reported in fiscal 2017. In fiscal 2017, Dick’s Sporting Goods reported a gross margin of ~29%, marking a contraction of 90 basis points from fiscal 2016, primarily due in an increase in costs of goods sold as a percentage of sales.
Comps fell 0.3% YoY as weakness persisted in the hunting and the electronics categories. The company expects its private brands business to strengthen in 2018 as it allocates more store space to brands such as Walter Hagen, Top-Flite, Calia, and Field & Stream. The company reported private brand sales of ~$1 billion in 2017, and it projects to add $1 billion more in revenue in a shorter time frame.
Dick's Sporting Goods is destroying all the guns and accessories that it stopped selling earlier this year after the school shooting in Parkland, Florida. The retailer said Tuesday that it is in the process ...
Sports goods retailer Dick’s Sporting Goods (DKS) has had a fine run on the bourses so far in 2018. As the proverb goes, “a rising tide lifts all boats”—other sporting goods retailer stocks are also doing well. Hibbett Sports (HIBB) has risen 30.4%, and Big 5 Sporting Goods (BGFV) has risen 2.6%.
Thursday, April 19: Dick's Sporting Goods to destroy unsold assault rifles, Amazon's Jeff Bezos reveals +100 million Prime members, breakup fee seals deal between Disney and 21st Century Fox. Yahoo Finance's Dan Roberts pours over the details.
Here’s a quick wrap up of other headlines making news today.