DICK’S Sporting Goods Inc. (NYSE:DKS) went down by -0.64% from its latest closing price compared to the recent 1-year high of $101.30. The company’s stock price has collected 2.56% of gains in the last five trading sessions. Press Release reported on 06/01/21 that DICK’S Sporting Goods Announces Grand Opening of Seven Stores – Including its Second ‘DICK’S House of Sport’ – in June
Is It Worth Investing in DICK’S Sporting Goods Inc. (NYSE :DKS) Right Now?
DICK’S Sporting Goods Inc. (NYSE:DKS) scored a price-to-earnings ratio above its average ratio, recording 9.39 x from its present earnings ratio. Plus, the 36-month beta value for DKS is at 1.72. Opinions of the stock are interesting as 13 analysts out of 27 who provided ratings for DICK’S Sporting Goods Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 11 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $111.11, which is $10.55 above the current price. DKS currently public float of 62.73M and currently shorts hold a 17.72% ratio of that float. Today, the average trading volume of DKS was 1.84M shares.
DKS’s Market Performance
DKS stocks went up by 2.56% for the week, with a monthly jump of 11.55% and a quarterly performance of 38.79%, while its annual performance rate touched 153.07%. The volatility ratio for the week stands at 2.99% while the volatility levels for the past 30 days are set at 3.62% for DICK’S Sporting Goods Inc.. The simple moving average for the period of the last 20 days is 9.04% for DKS stocks with a simple moving average of 45.32% for the last 200 days.
Analysts’ Opinion of DKS
Many brokerage firms have already submitted their reports for DKS stocks, with Stephens repeating the rating for DKS by listing it as a “Equal-Weight.” The predicted price for DKS in the upcoming period, according to Stephens is $95 based on the research report published on June 04th of the current year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see DKS reach a price target of $113, previously predicting the price at $98. The rating they have provided for DKS stocks is “Outperform” according to the report published on May 27th, 2021.
Telsey Advisory Group gave a rating of “Outperform” to DKS, setting the target price at $98 in the report published on May 24th of the current year.
DKS Trading at 15.03% from the 50-Day Moving Average
After a stumble in the market that brought DKS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.99% of loss for the given period.
Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares surge +13.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.83% upper at present.
During the last 5 trading sessions, DKS rose by +2.56%, which changed the moving average for the period of 200-days by +114.52% in comparison to the 20-day moving average, which settled at $91.64. In addition, DICK’S Sporting Goods Inc. saw 76.62% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DKS starting from Hayes John Edward III, who sale 4,421 shares at the price of $99.00 back on May 27. After this action, Hayes John Edward III now owns 56,660 shares of DICK’S Sporting Goods Inc., valued at $437,673 using the latest closing price.
Hobart Lauren R, the President & CEO of DICK’S Sporting Goods Inc., sale 32,582 shares at $99.01 during a trade that took place back on May 27, which means that Hobart Lauren R is holding 267,876 shares at $3,226,046 based on the most recent closing price.
Stock Fundamentals for DKS
Current profitability levels for the company are sitting at:
- +9.67 for the present operating margin
- +32.07 for the gross margin
The net margin for DICK’S Sporting Goods Inc. stands at +5.53. The total capital return value is set at 17.96, while invested capital returns managed to touch 11.25. Equity return is now at value 46.10, with 13.60 for asset returns.
Based on DICK’S Sporting Goods Inc. (DKS), the company’s capital structure generated 134.66 points at debt to equity in total, while total debt to capital is 57.39. Total debt to assets is 40.64, with long-term debt to equity ratio resting at 114.46. Finally, the long-term debt to capital ratio is 48.78.
When we switch over and look at the enterprise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 161.78 and the total asset turnover is 1.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.