Why Shares of Dick's Sporting Goods, Inc. Rose 20% in November
Shares of Dick's Sporting Goods, Inc. (NYSE: DKS) jumped 20.4% in November, according to data provided by S&P Global Market Intelligence, after the retailer reported better-than-expected earnings.
Third-quarter revenue was up 7.2% to $1.94 billion and earnings per share fell 20.5% to $0.35, but all that really mattered was that earnings beat management's guidance of $0.22 to $0.30. Full-year guidance was also increased slightly to $2.95 to $3.07 per share.
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Source: Fool.com
Dick's Sporting Goods Inc Stock
With 30 Buy predictions and not a single Sell prediction Dick's Sporting Goods Inc is an absolute favorite of our community.
As a result the target price of 227 € shows a slightly positive potential of 17.36% compared to the current price of 193.42 € for Dick's Sporting Goods Inc.