Guggenheim Sticks to Its Hold Rating for Dick’s Sporting Goods (DKS)
Guggenheim analyst Steven Forbes reiterated a Hold rating on Dick’s Sporting Goods (DKS – Research Report) yesterday. The company’s shares closed yesterday at $177.12.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Forbes covers the Consumer Cyclical sector, focusing on stocks such as O’Reilly Auto, RH, and AutoZone. According to TipRanks, Forbes has an average return of 12.5% and a 57.77% success rate on recommended stocks.
Currently, the analyst consensus on Dick’s Sporting Goods is a Moderate Buy with an average price target of $219.79, implying a 24.09% upside from current levels. In a report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $180.00 price target.
Based on Dick’s Sporting Goods’ latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $3.89 billion and a net profit of $299.97 million. In comparison, last year the company earned a revenue of $3.88 billion and had a net profit of $296.43 million
Read More on DKS:
Disclaimer & DisclosureReport an Issue
- Dick’s Sporting price target lowered to $225 from $260 at UBS
- Dick’s Sporting price target lowered to $195 from $224 at JPMorgan
- Hold Rating on Dick’s Sporting Goods Amid Acquisition Uncertainties and Strong Operational Performance
- Dick’s Sporting price target raised to $232 from $217 at Barclays
- Buy Rating for Dick’s Sporting Goods: Strong Financial Performance and Strategic Initiatives Drive Positive Outlook
