We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dick's Sporting Goods (DKS) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
In the latest trading session, Dick's Sporting Goods (DKS - Free Report) closed at $200.48, marking a +1.12% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.39%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.6%.
Shares of the sporting goods retailer witnessed a loss of 9.33% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 1.99% and the S&P 500's gain of 1.06%.
The upcoming earnings release of Dick's Sporting Goods will be of great interest to investors. The company's earnings report is expected on November 26, 2024. The company is predicted to post an EPS of $2.68, indicating a 5.96% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.02 billion, indicating a 0.89% decrease compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.91 per share and a revenue of $13.25 billion, signifying shifts of +7.75% and +2.07%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Dick's Sporting Goods. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. Currently, Dick's Sporting Goods is carrying a Zacks Rank of #3 (Hold).
Investors should also note Dick's Sporting Goods's current valuation metrics, including its Forward P/E ratio of 14.25. This expresses a premium compared to the average Forward P/E of 13.25 of its industry.
It is also worth noting that DKS currently has a PEG ratio of 2.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Retail - Miscellaneous industry held an average PEG ratio of 2.1.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 153, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dick's Sporting Goods (DKS) Rises Higher Than Market: Key Facts
In the latest trading session, Dick's Sporting Goods (DKS - Free Report) closed at $200.48, marking a +1.12% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.39%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.6%.
Shares of the sporting goods retailer witnessed a loss of 9.33% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 1.99% and the S&P 500's gain of 1.06%.
The upcoming earnings release of Dick's Sporting Goods will be of great interest to investors. The company's earnings report is expected on November 26, 2024. The company is predicted to post an EPS of $2.68, indicating a 5.96% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.02 billion, indicating a 0.89% decrease compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.91 per share and a revenue of $13.25 billion, signifying shifts of +7.75% and +2.07%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Dick's Sporting Goods. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. Currently, Dick's Sporting Goods is carrying a Zacks Rank of #3 (Hold).
Investors should also note Dick's Sporting Goods's current valuation metrics, including its Forward P/E ratio of 14.25. This expresses a premium compared to the average Forward P/E of 13.25 of its industry.
It is also worth noting that DKS currently has a PEG ratio of 2.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Retail - Miscellaneous industry held an average PEG ratio of 2.1.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 153, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.