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Why DICK'S Sporting (DKS) is Such a Great Value Stock Pick Right Now

Zacks Equity Research
·2 min read

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; DICK'S Sporting Goods, Inc. DKS.

DICK'S Sporting in Focus

DKS may be an interesting play thanks to its forward PE of 14.7, its P/S ratio of 0.6, and its decent dividend yield of 2.2%. These factors suggest that DICK'S Sporting is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that DKS has decent revenue metrics to back up its earnings.

DICKS Sporting Goods, Inc. PS Ratio (TTM)

DICKS Sporting Goods, Inc. PS Ratio (TTM)
DICKS Sporting Goods, Inc. PS Ratio (TTM)

DICKS Sporting Goods, Inc. ps-ratio-ttm | DICKS Sporting Goods, Inc. Quote

But before you think that DICK'S Sporting is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up significantly in the past 60 days, thanks to ten upward revisions in the past two months compared to none lower.

This estimate strength is actually enough to push DKS to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, DICK'S Sporting is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.  

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DICKS Sporting Goods, Inc. (DKS) : Free Stock Analysis Report
 
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Zacks Investment Research