Yahoo Finance Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Dick's Sporting Goods (DKS)
DICK’S Sporting Goods Inc. was founded in 1948 in New York under the labels Dick's Clothing and Sporting Goods, Inc. It was earlier reincorporated as a Delaware corporation and changed our name to Dick's Sporting Goods, Inc. in April 1999. The company’s executive office is located in Coraopolis, Pennsylvania.
DKS sits at a Zacks Rank #2 (Buy), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Retail - Miscellaneous industry's P/E of 12.1X, shares of Dick's Sporting Goods are trading at a forward P/E of 11.1X. DKS also has a PEG Ratio of 2, a Price/Cash Flow ratio of 8.6X, and a Price/Sales ratio of 1X.
A company's earnings performance is important for value investors as well. For fiscal 2024, 10 analysts revised their earnings estimate higher in the last 60 days for DKS, while the Zacks Consensus Estimate has increased $1.53 to $13.50 per share. DKS also holds an average earnings surprise of 10%.
Investors should take the time to consider DKS for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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DICK'S Sporting Goods, Inc. (DKS) : Free Stock Analysis Report
