Dick's Sporting Goods (DKS) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Dick's Sporting Goods (DKS) stock decreased by 1.46% to $223.82, underperforming the S&P 500's loss of 0.28% on the same day [1] - Over the past month, DKS stock has increased by 0.03%, outperforming the Retail-Wholesale sector's decline of 3.47% but lagging behind the S&P 500's gain of 4.03% [1] Earnings Forecast - Analysts predict DKS will report an EPS of $2.71, reflecting a 1.45% decline compared to the same quarter last year [2] - Revenue is expected to reach $3.17 billion, indicating a growth of 3.82% year-over-year [2] Full Year Projections - For the full year, earnings are projected at $14.39 per share and revenue at $13.97 billion, representing increases of 2.42% and 3.89% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for DKS are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates DKS at 3 (Hold) [6] - The Zacks Consensus EPS estimate has increased by 0.06% in the past month [6] Valuation Metrics - DKS is currently trading at a Forward P/E ratio of 15.78, which is higher than the industry average of 15.22 [7] - The company has a PEG ratio of 3.25, compared to the Retail - Miscellaneous industry average PEG ratio of 2.51 [7] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 32, placing it in the top 13% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]