Dicks Sporting Goods Inc (NYSE:DKS) shares were up 1.68% on Monday when approximately 2.80M shares were traded, against the average daily trading volume of 2.11M. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Dicks Sporting Goods Inc (NYSE:DKS) has a consensus Strong buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 6 have assigned a hold rating, 1 says it’s a buy, and 17 have assigned a strong buy rating to the company.
Analysts have a consensus target price of $64.26 in the 12-month period. The price objective is 23.17% higher than the recent closing price of $52.17. The 52-week price range is $35.63-$62.80 and the company has a market capitalization of $5.88 billion.
Dicks Sporting Goods Inc (DKS) on November 28, 2016 announced the acquisition of GameChanger Media as a new part of its DICK’S Team Sports HQ suite of digital youth sports offerings. GameChanger is a live scoring app that delivers data-driven coaching insights, live play-by-play updates and instant game recap stories for 165,000 amateur baseball and softball teams.
“We are very excited to acquire GameChanger to enhance our DICK’S Team Sports HQ platform. GameChanger will allow us to provide the baseball and softball communities better tools and in-game information for coaches, players and fans alike,” said Edward W. Stack, Chairman & CEO, DICK’S Sporting Goods. “We believe the addition of GameChanger and its unique in-game mobile experience to DICK’S Team Sports HQ strongly supports our efforts to provide unparalleled technological capabilities to youth, prep teams and leagues across the country.”
“GameChanger exists to serve the needs of coaches, parents and volunteers who dedicate so much time and energy to amateur sports,” said Ted Sullivan, VP/CEO of GameChanger. “And now as part of the DICK’S Sporting Goods family, we look forward to further enhancing the youth sports experience for these team communities.”
DICK’S Team Sports HQ offers youth sports leagues, teams, coaches and parents across the country three key services – free league management services, including websites and online registration with free mobile app for scheduling and communications; custom uniforms and FanWear shops; and access to donations and sponsorships.