Raymond James Sticks to Its Sell Rating for Dick’s Sporting Goods (DKS)

Raymond James analyst Matthew McClintock reiterated a Sell rating on Dick’s Sporting Goods (DKSResearch Report) today. The company’s shares closed last Wednesday at $46.49, close to its 52-week high of $49.80.

According to TipRanks.com, McClintock is a 4-star analyst with an average return of 8.5% and a 59.8% success rate. McClintock covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Lululemon Athletica, and Advance Auto Parts.

Currently, the analyst consensus on Dick’s Sporting Goods is a Moderate Buy with an average price target of $47.07.

See today’s analyst top recommended stocks >>

The company has a one-year high of $49.80 and a one-year low of $13.46. Currently, Dick’s Sporting Goods has an average volume of 2.53M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DKS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Dick’s Sporting Goods, Inc. engages in the retail of extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.