Analyst Research Roundup: Dick's Sporting Goods, Inc. (DKS), NOW Inc. (DNOW)

Lloyd Doyle
January 13, 2018

Canaccord Genuity reiterated a "buy" rating and set a $70.00 price objective on shares of Dick's Sporting Goods in a research report on Wednesday, December 28th. Sciencast Management LP acquired a new position in shares of Dicks Sporting Goods in the second quarter valued at approximately $299,000.

Shares of Dick's Sporting Goods Inc (NYSE:DKS) traded up 1.96% during mid-day trading on Thursday, reaching $53.17. A total of 3,531,944 shares exchanged hands during the intra-day trade contrast with its average trading volume of 3.76M shares, while its relative volume stands at 0.94. Vanguard Group Inc. now owns 6,802,340 shares of the sporting goods retailer's stock valued at $270,937,000 after buying an additional 135,991 shares during the period. (NYSE:DKS) marched up 36.39% compared to a 52-week low price of $23.88. It has underperformed by 18.05% the S&P500.

Palisade Asset Management Llc increased its stake in Stryker Corp (SYK) by 14.45% based on its latest 2017Q3 regulatory filing with the SEC.

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.25 and a current ratio of 1.61. Moreover, Hhr Asset Management Llc has 3.95% invested in the company for 2.81 million shares. Lear now has $12.49B valuation. The stock decreased 0.59% or $0.94 during the last trading session, reaching $158.6. The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01 million, down from 196,575 at the end of the previous reported quarter. Stryker Corporation (NYSE:SYK) has risen 24.95% since January 12, 2017 and is uptrending. It has outperformed by 18.30% the S&P500.

Investors sentiment increased to 0.92 in 2017 Q3. Its down 0.10, from 1.14 in 2017Q2. The company has its outstanding shares of 106.33M. 56 funds opened positions while 275 raised stakes. Redmond Asset Mngmt Ltd Liability has invested 1.06% in Lear Corporation (NYSE:LEA). (NYSE:DKS)'s Leverage Ratio was recently noted as 0.113730. They expect $1.48 earnings per share, up 25.42% or $0.30 from last year's $1.18 per share. There has been an observed change of 3.24% in the ownership of the shares in the past six months.


Minerva Advisors Llc holds 0.5% of its portfolio in Jacksonville Bancorp, Inc. for 31,145 shares. Macquarie Grp Inc Ltd, a Australia-based fund reported 44,396 shares. The insider now directly owns 310,763 shares worth $10,121,551. Moreover, Bokf Na has 0.21% invested in Lear Corporation (NYSE:LEA). Stockholders of record on Friday, December 8th were issued a $0.17 dividend. Sigma Planning accumulated 5,293 shares or 0.08% of the stock. Morgan Stanley accumulated 1.20 million shares. (NYSE:NYCB) for 15,653 shares. $690,025 worth of stock was sold by WALLACE HENRY D G on Monday, September 18. It increased, as 52 investors sold SYK shares while 330 reduced holdings. After $0.30 actual earnings per share reported by Dick's Sporting Goods, Inc. for the previous quarter, Wall Street now forecasts 290.00% EPS growth. About 4.20 million shares traded. Two investment analysts have rated the stock with a sell rating, twenty-three have given a hold rating and nine have given a buy rating to the stock. Therefore 33% are positive. Whiting Petroleum Corporation had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Equal Weight" rating given on Tuesday, January 19 by CapitalOne. The firm has "Hold" rating given on Friday, September 8 by RBC Capital Markets. On Friday, April 7 the stock rating was maintained by FBR Capital with "Underperform".

Investors sentiment decreased to 1.04 in Q3 2017. Its up 0.02, from 0.85 in 2017Q2. 47 funds opened positions while 102 raised stakes. Switzerland-based Swiss Fincl Bank has invested 0.01% in Dick's Sporting Goods, Inc.

In a research note issued on Friday, 12 January, Deutsche Bank upped shares of Dick's Sporting Goods (NYSE:DKS) to a "Buy". (NYSE:DKS). Tensile Mgmt Limited Liability Corporation holds 4.2% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS) on Wednesday, July 5 with "Buy" rating. Assetmark Inc, a California-based fund reported 1,702 shares. The Shareholder Yield (Mebane Faber) of Dick's Sporting Goods, Inc.

Several other research firms have also recently commented on DKS. The VC1 of Dick's Sporting Goods, Inc. (NYSE:DKS). Bridgeway Capital Mgmt holds 0.22% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS) is 0.277515. Sumitomo Mitsui Trust Inc has invested 0.01% in Dick's Sporting Goods, Inc. Mirae Asset holds 0.01% or 3,487 shares in its portfolio. Toronto Dominion Bank increased its position in Dicks Sporting Goods by 169.2% during the 3rd quarter. (NYSE:DKS) for 122,625 shares. (NYSE:DKS). Natixis invested 0% in Dick's Sporting Goods, Inc. The sporting goods retailer reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.04. DKS's profit will be $125.67 million for 7.12 P/E if the $1.17 EPS becomes a reality. The other 7, though not evenly; between analysts who think you should buy Dick's Sporting Goods, Inc. versus those who think you should sell it. (NYSE:DKS) on Monday, November 2 to "Neutral" rating.

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