NEW YORK ( TheStreet) -- Shares of these retail stocks hit 52-week highs on Wednesday: Dick's Sporting Goods ( DKS), Men's Wearhouse ( MW), AutoZone ( AZO) and Express ( EXPR).
Dick's Sporting Goods The athletic goods retailer posted fourth-quarter earnings on Tuesday of $111.1 million, or 88 cents a share, up from year-ago earnings of $87.5 million, or 71 cents. Analysts were expecting earnings of 88 cents a share. Shares of Dick's Sporting Goods hit a 52-week high Wednesday of $47.70. The stock's 52-week low of $29.10 was set on Aug. 9. Dick's Sporting Goods has an estimated price-to-earnings ratio for next year of 16.99 times; the average for specialty retailers is 16.88. For comparison, Big 5 Sporting Goods ( BGFV) has a lower forward P/E of 9.54; Hibbett Sports' ( HIBB) forward P/E is 20.81. Sixteen of the 24 analysts who cover Dick's Sporting Goods rated it buy; eight analysts gave the stock a hold rating. TheStreet Ratings' gives Dick's Sporting Goods a B+ grade with a buy rating and a $54.03 price target. The stock has risen 28.17% year to date.