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.
Many analysts weighed in on price targets for DKS. The maximum price target given was 62, implying a possible profit of 71.22 percent. The most pessimistic analyst gave a price target of 40, implying a possible loss of 10.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.97 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.02 percent. 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 made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
DKS has an estimated earnings growth rate of 43.83 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. DKS has a PEG ratio of 0.32.
DKS has traded between a high of 62.88 and a low of 34.55 over the past year. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.