|Bid||49.03 x 1200|
|Ask||49.02 x 900|
|Day's Range||47.76 - 49.56|
|52 Week Range||28.42 - 59.40|
|PE Ratio (TTM)||19.48|
|Earnings Date||Nov 15, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||1.38 (2.86%)|
|1y Target Est||55.95|
As of yesterday, Dick’s Sporting Goods’ (DKS) 12-month forward PE ratio, a metric used for making investment decisions for companies within the same sector, was 11.4x. Meanwhile, Foot Locker’s (FL) ratio was lower at 10.1x, and Hibbett Sports (HIBB) was on par with Dick’s Sporting Goods’. Big 5 Sporting Goods (BGFV) had a higher ratio, of 14.3x.
Of the 30 analysts covering Dick’s Sporting Goods (DKS) stock, 70% recommend “hold,” 27% recommend “buy,” and 3% recommend “sell.” The company, which is investing in digital and omnichannel capabilities and creating a leaner supply chain, expects its private brands to strengthen this year as it allocates more store space to brands Walter Hagen, Top Flite, and CALIA. The company remains focused on its Team Sports HQ platform, which it sees as a potential growth driver.
As of yesterday, Dick’s Sporting Goods (DKS) stock had risen 27.6% this year, while Hibbett Sports (HIBB) and Big 5 Sporting Goods (BGFV) had fallen 4.4% and 33.6%, respectively. Dick’s Sporting Goods is being driven by its in-house brands, e-commerce, and athletic apparel sales. Dick’s Sporting Goods’ private brands’ business is gaining traction and contributing to its top-line growth. The company is adding more private brand categories and allocating more floor space to in-house brands Top Flite, CALIA, Walter Hagen, and Field & Stream.
Foot Locker (FL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Foot Locker Inc (NYSE:FL), with a market capitalization of US$5.37b, rarely draw their attention from the investingRead More...
It’s been a great start to the week for Foot Locker (NYSE:FL). In light of all this, Nikic upgraded his price target on Foot Locker stock from $50 to $58 (this implies 20% upside from current levels).
On September 10, Foot Locker stock rose 5% after Wells Fargo analyst Tom Nikic upgraded the stock to “outperform” from “market perform.” On a year-to-date basis, Foot Locker stock has gained 4.7%. As of September 10, out of the 23 analysts covering the stock, 57.0% rated FL stock a “buy.” Another 30.0% rated it a “hold,” and the remaining rated the stock a “sell.” Analysts’ 12-month average target price for FL stock is $55.95, which reflects a ~14.0% upside based on its September 10 stock price. As per a MarketWatch report, Nikic upgraded Foot Locker on Nike’s (NKE) innovative products like Air Max 270.
Investing.com - Nike (NYSE:NKE) stock rose in midday trading as concerns that its sponsorship deal with former NFL quarterback Colin Kaepernick would dent sales waned.
After Nike, Inc. (NYSE: NKE )’s launch of new advertising and an improved brand assortment, Wells Fargo is turning bullish on partner Foot Locker, Inc. (NYSE: FL ) The Analyst Wells Fargo's Tom Nikic ...
Foot Locker Inc. shares are up 2.7% in Monday premarket trading after it was upgraded to outperform from market perform at Wells Fargo on improvements at Nike Inc. . Wells Fargo raised its price target to $58 from $50. Analysts attributes Foot Locker's issues over the past 18 months to problems with the Nike brand. Current controversy over its choice of Colin Kaepernick as a spokesperson aside, Wells Fargo highlights merchandise innovations like the Air Max 270, and the diminished headwinds from the Jordan basketball brand and the European marketplace. "As a result, we believe Foot Locker will show accelerating positive comps in 2H (+2% in Q3 and +3% in Q4) and we believe sustained improvement in the Nike assortment can drive 3%-4% comp growth over the subsequent 12-24 months (even if their second largest supplier, Adidas, were to turn negative)," analysts led by Tom Nikic wrote. Foot Locker shares are up nearly 31% for the past year, but down 20.7% for the last three months. The S&P 500 index is up 3.3% for the past three months.
Deckers Outdoor (DECK) has beaten analysts’ consensus estimates in the last five quarters. Considering its most recent performance, Deckers’ adjusted EPS for the fiscal first quarter of 2019 came in at -$0.98, significantly lower than Wall Street’s consensus estimate of -$1.42. The company’s effective tax rate is expected to be 22%.
As of September 4, Deckers Outdoor (DECK) was trading at a 12-month forward PE ratio of 18.2x. Since the release of its results for the fiscal first quarter of 2019 on July 26, the stock’s valuation multiple has decreased marginally (0.3%). In comparison, Foot Locker (FL), Nike (NKE), Skechers (SKX), and DSW (DSW) are trading at PEs of 10.3x, 15.4x, 28.7x, and 18.3x, respectively, as of September 4.
What's Been Driving Deckers Outdoor Stock in 2018? Over the past two weeks, there’s been just one price revision on Deckers Outdoor (DECK) stock. Currently, analysts’ 12-month average target price for Deckers stock is $119.54, which reflects a 1.2% downside to its price as of September 4.
What's Been Driving Deckers Outdoor Stock in 2018? As of September 4, Deckers Outdoor (DECK) stock has surged over 50.7% to $120.93 on a YTD (year-to-date) basis driven by its strategic efforts. Deckers’ UGG brand continues to drive its top line.
Trifecta Stocks is a long-only model portfolio, but we are anxious to give our subscribers insight into stocks that may pose interesting investing opportunities on the short side. Using recent actions and grades from Quant Ratings and layering on technical analysis of the charts of those stocks, we identify five names each Friday that look bearish. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names.
Piper Jaffray recently reiterated its “Overweight” rating on athletic retail giant Nike (NYSE:NKE), saying that accelerating momentum in the Jordan brand is allowing the king of athletic apparel to regain market share. After a stretch from 2015 to 2017 wherein Adidas (OTCMKTS:ADDYY) stole a bunch of market share from Nike, the trend reversed course in late 2017. Ever since, Nike has punched back.
Why have no analysts just gone out and said "this whole group is the single best group in the market. It's simply beyond the ken of most of these analysts -- and they are a very good group, a long-standing brethren of hard working people -- to believe that things can be this good. had, at last, gotten its arms around Family Dollar -- even as your eyes show you that they are still pretty awful -- you might hurt people.
NEW YORK, Aug. 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Caesars ...