Dicks Sporting Goods Inc (DKS) : The highest level Dicks Sporting Goods Inc (DKS) is projected to reach is $55 for the short term and the lowest estimate is at $41. The consolidated price target from 19 rating analysts who initiate coverage on the stock is $49.11 and the possibility the share price can swing is $4.52.
Dicks Sporting Goods Inc (DKS), A reduction of 800,546 shares or 9% was observed in the short interest of Dicks Sporting Goods Inc The interest on June 30,2016 came in at 8,124,524 shares and as per the average daily trading of 1,770,680 shares, the days to cover are 5. The reduced interest is 9.3% of the floated shares. The data of June 15,2016 put the interest at 8,925,070 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity Analysts at the Goldman Sachs maintains the rating on Dicks Sporting Goods Inc (NYSE:DKS). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency maintains the price target to $53 per share. The rating by the firm was issued on June 28, 2016.
Dicks Sporting Goods Inc (NYSE:DKS): stock turned positive on Thursday. Though the stock opened at $49.65, the bulls momentum made the stock top out at $50.64 level for the day. The stock recorded a low of $49.56 and closed the trading day at $49.97, in the green by 2.65%. The total traded volume for the day was 4,303,078. The stock had closed at $48.68 in the previous days trading.
DICKS Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The Company offers hardlines, such as sporting goods equipment, fitness equipment, golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores. As of January 31, 2015, the Company operated 603 Dicks Sporting Goods stores in 46 states, 78 Golf Galaxy stores in 29 states, 10 Field & Stream stores in five states and three True Runner stores in three states. It also operates e-commerce Websites at www.DICKS.com and www.golfgalaxy.com.