DICK’S Sporting Goods Inc. (NYSE: DKS) has a higher price-to-earnings ratio of 11.78x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.46. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for DICK’S Sporting Goods Inc. (DKS) is $156.80, which is $36.85 above the current market price. The public float for DKS is 56.63M, and currently, short sellers hold a 13.13% ratio of that float. The average trading volume of DKS on May 25, 2023 was 1.62M shares.
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DKS) stock’s latest price update
The stock of DICK’S Sporting Goods Inc. (NYSE: DKS) has decreased by -0.59 when compared to last closing price of 124.58. Despite this, the company has experienced a -8.57% fall in its stock price over the last five trading sessions. Barron’s reported on 05/23/23 that Dick’s Sporting Goods Earnings Beat Estimates. Investors Are Relieved.
DKS’s Market Performance
DICK’S Sporting Goods Inc. (DKS) has experienced a -8.57% fall in stock performance for the past week, with a -15.07% drop in the past month, and a -4.70% drop in the past quarter. The volatility ratio for the week is 3.43%, and the volatility levels for the past 30 days are at 2.62% for DKS. The simple moving average for the past 20 days is -10.38% for DKS’s stock, with a 0.43% simple moving average for the past 200 days.
DKS Trading at -11.89% 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 -18.84% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares sank -14.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.83% lower at present.
During the last 5 trading sessions, DKS fell by -8.57%, which changed the moving average for the period of 200-days by +21.83% in comparison to the 20-day moving average, which settled at $137.13. In addition, DICK’S Sporting Goods Inc. saw 2.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DKS starting from Lodge-Jarrett Julie, who sale 8,560 shares at the price of $140.00 back on Apr 11. After this action, Lodge-Jarrett Julie now owns 30,712 shares of DICK’S Sporting Goods Inc., valued at $1,198,400 using the latest closing price.
Fink Anne, the Director of DICK’S Sporting Goods Inc., sale 3,174 shares at $139.08 during a trade that took place back on Apr 06, which means that Fink Anne is holding 14,481 shares at $441,451 based on the most recent closing price.
Stock Fundamentals for DKS
Current profitability levels for the company are sitting at:
- +12.20 for the present operating margin
- +34.65 for the gross margin
The net margin for DICK’S Sporting Goods Inc. stands at +8.43. The total capital return value is set at 22.61, while invested capital returns managed to touch 16.94. Equity return is now at value 45.00, with 11.50 for asset returns.
Based on DICK’S Sporting Goods Inc. (DKS), the company’s capital structure generated 166.56 points at debt to equity in total, while total debt to capital is 62.49. Total debt to assets is 42.91, with long-term debt to equity ratio resting at 144.91. Finally, the long-term debt to capital ratio is 54.36.
When we switch over and look at the enterprise to sales, we see a ratio of 1.03, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 165.22 and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
To put it simply, DICK’S Sporting Goods Inc. (DKS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
