Needham & Company Maintains a 'Hold' on Dick's Sporting Goods (DKS); Raises Estimates
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Needham & Company maintains a 'Hold' on Dick's Sporting Goods (NYSE: DKS).
Needham analyst says, "We now estimate the company will post SSS increases of about 3% in Dick's stores, 4.5% in Golf Galaxy stores and that 2010 EPS will be $1.35, up from our prior estimate of $1.25. We expect 2011 SSS to be up 3.5%, and EPS to reach $1.55, up from our prior estimate of $1.50. We are introducing a 2012 EPS estimate of $1.80, which assumes a SSS increase of 2.5%."
To see all the upgrades/downgrades on shares of DKS, visit our Analyst Ratings page.
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