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.
A number of analysts gave price targets for DKS. The highest price target was 62, implying potential capital gains of 71.22 percent. The minimum price target given was 40, which equates to a potential downside of 10.47 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.97 percent. That number becomes 3.02 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.54 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.08 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of DKS to grow at a rate of 43.83 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. DKS has a PEG ratio of 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 42.41 percent below the high. DKS has a price/earnings 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 market cap of DKS is $4.03 billion. DKS will post this quarters earnings in days, on 0000-00-00.