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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 up 1.0%. By the end of trading, Dick's Sporting Goods fell $0.59 (-1.2%) to $50.17 on heavy volume. Throughout the day, 2,672,341 shares of Dick's Sporting Goods exchanged hands as compared to its average daily volume of 1,332,200 shares. The stock ranged in price between $50.11-$51.29 after having opened the day at $51.13 as compared to the previous trading day's close of $50.76. Other companies within the Specialty Retail industry that declined today were: Sport Chalet ( SPCHB), down 7.0%, United Online ( UNTD), down 6.1%, Hastings Entertainment ( HAST), down 4.2% and Big 5 Sporting Goods Corporation ( BGFV), down 3.5%.

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 $5.3 billion and is part of the services sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are down 12.6% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Dick's Sporting Goods a buy, 1 analyst rates it a sell, and 5 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 revenue growth, increase in stock price during the past year, 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 has had sub par growth in net income.

On the positive front, Michael Kors Holdings ( KORS), up 17.3%, Asbury Automotive Group ( ABG), up 8.1%, Charles & Colvard ( CTHR), up 6.7% and DGSE Companies ( DGSE), up 5.8% , were all gainers within the specialty retail industry with Sothebys ( BID) being today's featured specialty retail industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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