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.
Several price targets were given for DKS by the analysts covering the stock. The most optimistic price target was 62, implying potential capital gains of 71.22 percent. The minimum price target given was 40, implying potential capital losses 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.08 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of DKS to grow at a rate of 43.83 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies 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. Today's price is 4.8 percent above the 52-week low, 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 market cap of DKS is $4.03 billion. DKS's next earnings release will be on 0000-00-00, which is days away.