Skip to main content

Market Overview

UBS Investment Research Reiterates on Dick's Sporting Goods on Expected EPS Upside

Share:

In a report published Monday, UBS Investment Research analyst Michael Lasser reiterated a Buy rating and $59.00 price target on Dick's Sporting Goods (NYSE: DKS).

In the report, UBS Investment Research noted, “We think DKS is in a position where it needs to restore a positive earnings revision cycle to support its stock and push it to the next level. We think it's in a good spot to do so. On several occasions through its 3Q, DKS noted that it was experiencing better than expected trends. While it might have experienced some volatility in the second half of the period, DKS probably had enough momentum to push it past the goal line and make our estimates of -2% comp and EPS of $0.40 (vs. the consensus of $0.39). This should drive the company's shares forward.”

Dick's Sporting Goods closed on Friday at $55.83.

Latest Ratings for DKS

DateFirmActionFromTo
Feb 2021Cowen & Co.MaintainsOutperform
Feb 2021Gordon HaskettInitiates Coverage OnHold
Jan 2021CitigroupUpgradesNeutralBuy

View More Analyst Ratings for DKS
View the Latest Analyst Ratings

 

Related Articles (DKS)

View Comments and Join the Discussion!

Posted-In: Michael Lasser UBS Investment ResearchAnalyst Color Reiteration Analyst Ratings

Latest Ratings

StockFirmActionPT
FSRMorgan StanleyMaintains40.0
NATJefferiesMaintains2.8
MEDDA DavidsonMaintains302.0
VICRBWS FinancialMaintains120.0
PSXMizuhoMaintains96.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com