IMO, DKS is one of the best-managed public companies in America, not limited to just the retail world. Their track record speaks for itself. While DKS is no longer the new guy on the block, it has significant growth potential ahead supported by a solid balance sheet and a strong eCommerce initiative.
Management sees potential for 900+ D**ks stores nationwide with the current store count at 511. There are also 81 Golf Galaxy stores. Sales have an 11% 5 year CAGR with the 5 year income CAGR at 19%. Square foot inventory levels and inventury turns are all improving. At $48.63, DKS is near the mid-point of its 52 week trading range of 52/43. The trailing PE is 22.5 and the FPE is 16.4. This being said, the current stock price IMO is neither especially cheap nor over-bought short term. I'm confident, however, that it will be significantly higher in the years ahead. One man's opinion.