DICK’S Sporting Goods Inc. (NYSE:DKS) went up by 4.59% from its latest closing price compared to the recent 1-year high of $141.35. The company’s stock price has collected 1.99% of gains in the last five trading sessions. Barron’s reported 17 hours ago that A Flexible Fund for Income-Hungry Investors
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 10.00 x from its present earnings ratio. Plus, the 36-month beta value for DKS is at 1.77. 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,” 12 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $150.00, which is $32.39 above the current price. DKS currently public float of 62.18M and currently shorts hold a 23.68% ratio of that float. Today, the average trading volume of DKS was 2.25M shares.
DKS’s Market Performance
DKS stocks went up by 1.99% for the week, with a monthly drop of -8.12% and a quarterly performance of 26.44%, while its annual performance rate touched 101.58%. The volatility ratio for the week stands at 3.51% while the volatility levels for the past 30 days are set at 3.19% for DICK’S Sporting Goods Inc.. The simple moving average for the period of the last 20 days is -4.64% for DKS stocks with a simple moving average of 33.24% for the last 200 days.
Analysts’ Opinion of DKS
UBS, on the other hand, stated in their research note that they expect to see DKS reach a price target of $142, previously predicting the price at $115. The rating they have provided for DKS stocks is “Buy” according to the report published on August 26th, 2021.
Stifel gave a rating of “Hold” to DKS, setting the target price at $126 in the report published on August 26th of the current year.
DKS Trading at -0.71% 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 -15.15% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 3.51%, as shares sank -10.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.80% upper at present.
During the last 5 trading sessions, DKS rose by +1.99%, which changed the moving average for the period of 200-days by +109.50% in comparison to the 20-day moving average, which settled at $125.10. In addition, DICK’S Sporting Goods Inc. saw 122.49% 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 Belitsky Lee J, who sale 20,000 shares at the price of $144.12 back on Sep 01. After this action, Belitsky Lee J now owns 249,943 shares of DICK’S Sporting Goods Inc., valued at $2,882,364 using the latest closing price.
Germano Donald J., the EVP, Stores of DICK’S Sporting Goods Inc., sale 3,681 shares at $145.00 during a trade that took place back on Sep 01, which means that Germano Donald J. is holding 159,895 shares at $533,745 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 49.80, with 15.80 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.