Market Overview

Morgan Stanley Still Sees Potential For Dick's Sporting Goods

Share:
Related DKS
Citi Highlights Top Back-To-School Stocks
Barclays Positive On Dick's Sporting Goods' Affinity Sports Buy
The Vetr community has upgraded $DKS to 3.5-Stars. (Vetr)

In a report published Wednesday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating on Dick's Sporting Goods (NYSE: DKS).

In the report, Morgan Stanley noted, “DKS' Q1 report revealed the golf and hunting businesses are falling short of expectations. Street EPS estimates likely fall 9%. The stock dropped 18%. Valuation, at 13.6x FY2 EPS, is at a trough level and looking more compelling given DKS still delivers a 12% 4-year EPS CAGR in our model.”

Dick's Sporting Goods closed on Tuesday at $43.60.

Latest Ratings for DKS

DateFirmActionFromTo
Aug 2016BMO CapitalMaintainsOutperform
Aug 2016Deutsche BankMaintainsBuy
Aug 2016Goldman SachsDowngradesBuyNeutral

View More Analyst Ratings for DKS
View the Latest Analyst Ratings

Posted-In: Jay Sole Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (DKS)

View Comments and Join the Discussion!