Dick's Sporting Goods Inc. (NYSE: DKS) has reported E.P.S. of $2.46 for its third fiscal quarter (ending October 31) versus $2.94 for the same period a year ago — a decline of -16%. For the latest four quarters through October 31, E.P.S. were $11.95 compared to $14.88 a year ago — a decline of -20%.
Recent Price Action
On 11/21/23, Dick's Sporting Goods Inc. (NYSE: DKS) stock enjoyed a large increase of 2.2%, closing at $121.59. Relative to the market the stock has been weak over the last nine months but has risen 10.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DKS is expected to continue to be a major Value Builder.
Dick's Sporting Goods has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing contradictory signals. Dick's Sporting Goods has a slightly positive Appreciation Score of 62 but a poor Power Rating of 19, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.