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Why Dick's Sporting Goods (DKS) is Such a Great Value Stock Pick Right Now
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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 - Free Report) .
Dick’S Sporting Goods in Focus
DKS may be an interesting play thanks to its forward PE of 11.2, its P/S ratio of 0.4, and its decent dividend yield of 2.5%. These factors suggest that Dick's Sporting Goods 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.
But before you think that Dick's Sporting Goods 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 by 2.6% in the past 30 days, thanks to 12 upward revision in the past month compared to none lower.
So really, Dick's Sporting Goods 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.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Why Dick's Sporting Goods (DKS) is Such a Great Value Stock Pick Right Now
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 - Free Report) .
Dick’S Sporting Goods in Focus
DKS may be an interesting play thanks to its forward PE of 11.2, its P/S ratio of 0.4, and its decent dividend yield of 2.5%. These factors suggest that Dick's Sporting Goods 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.
DICK'S Sporting Goods, Inc. PE Ratio (TTM)
DICK'S Sporting Goods, Inc. PE Ratio (TTM) | DICK'S Sporting Goods, Inc. Quote
But before you think that Dick's Sporting Goods 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 by 2.6% in the past 30 days, thanks to 12 upward revision in the past month compared to none lower.
This estimate strength is actually enough to push DKS to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
So really, Dick's Sporting Goods 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.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>