Dick’s Sporting Goods Inc. (NYSE: DKS) has reported E.P.S. of $4.50 for its second fiscal quarter (ending July 31) versus $2.90 for the same period a year ago — an increase of 55%. For the latest four quarters through July 31, E.P.S. were $14.07 versus $12.42 for the same period a year ago — an increase of 13%.
Recent Price Action
Dick’s Sporting Goods Inc. (NYSE: DKS) stock declined by -4.9% on 9/4/24. The shares closed at $220.77. Moreover, trading volume in this decline was exceptionally high at 348% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.1% during the last week.
Current PriceTarget Research Rating
DKS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Dick’s Sporting Goods has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dick’s Sporting Goods has a neutral Appreciation Score of 41 but a very high Power Rating of 85, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment