Dick's Sporting Goods Reaches New 52-Week High (DKS)

NEW YORK ( TheStreet) -- Dick's Sporting Goods (NYSE: DKS) hit a new 52-week high Thursday as it is currently trading at $50.85, above its previous 52-week high of $50.79 with 752,101 shares traded as of 3:24 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Dick's Sporting Goods has a market cap of $4.74 billion and is part of the services sector and specialty retail industry. Shares are up 35.8% year to date as of the close of trading on Wednesday.

Dick's Sporting Goods, Inc. operates as a sporting goods retailer in the United States. The company has a P/E ratio of 23.2, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dick's Sporting Goods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Dick's Sporting Goods Ratings Report.

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