The firm enjoys an excellent Surperformance rating that underline the attractive valuation and the financial strength. Moreover, there is a +16% potential to reach the consensus average target price. EBITDA and net income should display 9% growth rate in 2015.
Technically, in the medium term, the company keeps a bullish trend. Nevertheless, in the last few months the stock has undertaken an accumulation phase in a wide range, limited by the USD 52.6/59 thresholds. In its support area the share could find new momentum. The 100-weeek MA currently at USD 51.2 should prevent the security from a major downfall.
Consequently, investors could open a long position at current prices and target a reversal toward the USD 56.3 pivot point. A stop loss order should be set at USD 51.1.
DICK'S Sporting Goods, Inc. is a full-line omni-channel sporting goods retailer. The Company serves athletes and outdoor enthusiasts in more than 850 DICKâS Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, Going Going Gone! and Warehouse Sale stores, online, and through the DICKâS mobile app. The Company also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming. It carries a wide variety of national brands, including but not limited to adidas, Asics, Brooks, Callaway Golf, Carhartt, Columbia, Easton, Hoka, Jordan, New Balance and Nike. The Company's vertical brands include brands that it owns across hardlines and softlines and are available exclusively in its stores and online such as Alpine Design, CALIA, DSG, ETHOS, Fitness Gear, MAXFLI, Nishiki, Quest, Top-Flite, and Walter Hagen, as well as brands that it licenses from third parties.