Stephens Reiterates Underweight Rating on Dick's Sporting Goods (DKS)

March 11, 2021 6:45 AM EST
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Price: $95.92 +4.60%

Rating Summary:
    24 Buy, 22 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 68
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Stephens analyst Daniel Imbro reiterated an Underweight rating and $58.00 price target on Dick's Sporting Goods (NYSE: DKS) following the company's 4Q earnings report. DKS reported mixed 4Q results, with same-store sales exceeding expectations. DKS reported adjusted EPS of $2.43, compared with consensus estimates of $2.30.

2021 adjusted EPS estimate moves to $4.78 from $4.81, driven by a lower comp growth estimate and higher SG&A deleverage from wage increases. FY22 adjusted EPS estimate moves to $5.26 from $5.38, reflecting 10% growth y/y.

For an analyst ratings summary and ratings history on Dick's Sporting Goods click here. For more ratings news on Dick's Sporting Goods click here.

Shares of Dick's Sporting Goods closed at $71.53 yesterday.

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