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Zacks Investment Research downgraded Dicks Sporting Goods Inc (NYSE:DKS) to Hold in a report released today.

Yesterday Dicks Sporting Goods Inc (NYSE:DKS) traded -1.16% lower at $59.53. The company’s 50-day moving average is $57.33 and its 200-day moving average is $52.16. The last stock close price is up 14.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 977,517 shares of the stock were exchanged, down from an average trading volume of 1,915,300

Zacks Investment Research has downgraded Dicks Sporting Goods Inc (NYSE:DKS) to Hold in a report released on 11/28/2016.

Previously on 11/18/2016, Zacks Investment Research reported about Dicks Sporting Goods Inc (NYSE:DKS) raised the target price from $0.00 to $66.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Dicks Sporting Goods Inc (NYSE:DKS)

Dicks Sporting Goods Inc has a 52 week low of $33.44 and a 52 week high of $62.88 with a P/E ratio of 20.61 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 26 firms have issued a report on the stock. The consensus target price is $49.88 with 7 firms rating the stock a strong buy, 10 firms rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

General Information About Dicks Sporting Goods Inc (NYSE:DKS)

DICK'S Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, as well as e-commerce Websites at www.DICKS.com, www.golfgalaxy.com, www.fieldandstreamshop.com and www.caliastudio.com. The Company offers hardlines, which include items, such as sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear. It offers products to its customers through its retail stores and online. The Company operates approximately 640 Dick's Sporting Goods stores in over 50 states; approximately 70 Golf Galaxy stores in over 30 states, and approximately 20 Field & Stream stores in over nine states. Each of its Dick's Sporting Goods stores includes footwear, team sports, outdoor lodge, golf, fitness and athletic apparel.

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