Analyst Ratings for Dick's Sporting Goods Inc. (DKS)Updated: 2017-07-26
Dick's Sporting Goods Inc. (NYSE:DKS) was awarded an average rating of Overweight from investment analysts following the stock. Last month, DKS received an average rating of Overweight.
33 analysts issued ratings on the stock, where 17 gave DKS a buy rating, 1 issued an overweight rating, 15 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for DKS. The most optimistic price target was 62, which equates to a potential upside of 71.22 percent. The minimum price target given was 40, implying potential capital losses of 10.47 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.97 percent on average, compared to last month. That number becomes 3.02 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.54 percent. If we look at the last 90 days instead, we find a net average change of -1.08 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
DKS has an estimated earnings growth rate of 43.83 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of DKS is 0.32.
In the last 52-weeks, DKS has achieved a high of 62.88 and a low of 34.55. The current market price is above the trailing year's low by 4.8 percent, and below the high by 42.41 percent. DKS has a P/E ratio of 13.98. Investors typically compare the P/E ratio to a company's peers in the industry. The DKS value stock report compares DKS to some of its peers using value stock charts. The stock has a market capitalization of $4.03 billion. DKS will post this quarters earnings in days, on 0000-00-00.