Dick's Sporting Goods Inc. (DKS): Today's Featured Specialty Retail Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Dick's Sporting Goods ( DKS) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Dick's Sporting Goods fell $0.77 (-1.5%) to $51.68 on light volume. Throughout the day, 914,863 shares of Dick's Sporting Goods exchanged hands as compared to its average daily volume of 1,779,600 shares. The stock ranged in price between $51.02-$51.90 after having opened the day at $51.76 as compared to the previous trading day's close of $52.45. Other companies within the Specialty Retail industry that declined today were: Sport Chalet ( SPCHA), down 12.6%, Titan Machinery ( TITN), down 9.3%, Hibbett Sports ( HIBB), down 6.5% and Dover Saddlery ( DOVR), down 6.0%.
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Dick's Sporting Goods, Inc. operates as a sports and fitness retailer primarily in the Eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products. Dick's Sporting Goods has a market cap of $5.2 billion and is part of the services sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 14.4% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Dick's Sporting Goods a buy, no analysts rate it a sell, and 6 rate it a hold.

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

On the positive front, Hastings Entertainment ( HAST), down 5.0%, Charles & Colvard ( CTHR), down 4.4%, Odyssey Marine Exploration ( OMEX), down 3.5% and TravelCenters of America ( TA), down 2.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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