Dick’s Sporting Goods: Fiscal 4Q Beat Not Enoughl Shares Sink 8.
March 07, 2017 at 13:40 PM EST
With the stock down more than 18% over the past six months, is it time to take a shot on shares of Dick’s Sporting Goods ( DKS )? Not according to analysts at Guggenheim . The sporting goods retailer unveiled disappointing full-year 2017 earnings estimates today, overshadowing better-than-expected fiscal fourth quarter financial results. The shares fell 8.5% to $48.14. But at Guggenheim, analysts Steven Forbes maintained his neutral rating on the stock, advising investors to wait for a better entry point.