The price-to-earnings ratio for Dicks Sporting Goods, Inc. (NYSE: DKS) is above average at 10.56x. The 36-month beta value for DKS is also noteworthy at 1.50. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for DKS is $132.33, which is $13.32 above than the current price. The public float for DKS is 60.33M, and at present, short sellers hold a 9.62% of that float. The average trading volume of DKS on November 21, 2023 was 1.85M shares.
DKS) stock’s latest price update
The stock price of Dicks Sporting Goods, Inc. (NYSE: DKS) has surged by 0.79 when compared to previous closing price of 118.08, but the company has seen a 7.72% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-19 that Dividends provide a guaranteed return on capital and investment income to shareholders. This makes dividends an important consideration, especially for people living in retirement.
DKS’s Market Performance
Dicks Sporting Goods, Inc. (DKS) has experienced a 7.72% rise in stock performance for the past week, with a 8.87% rise in the past month, and a 6.71% rise in the past quarter. The volatility ratio for the week is 2.69%, and the volatility levels for the past 30 days are at 2.82% for DKS. The simple moving average for the past 20 days is 7.57% for DKS’s stock, with a -7.53% simple moving average for the past 200 days.
Analysts’ Opinion of DKS
Many brokerage firms have already submitted their reports for DKS stocks, with Truist repeating the rating for DKS by listing it as a “Buy.” The predicted price for DKS in the upcoming period, according to Truist is $134 based on the research report published on November 17, 2023 of the current year 2023.
DKS Trading at 8.85% 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 -22.02% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +12.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.42% upper at present.
During the last 5 trading sessions, DKS rose by +7.72%, which changed the moving average for the period of 200-days by -12.33% in comparison to the 20-day moving average, which settled at $111.29. In addition, Dicks Sporting Goods, Inc. saw -1.06% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DKS starting from COLOMBO WILLIAM J, who purchase 2,200 shares at the price of $110.00 back on Sep 07. After this action, COLOMBO WILLIAM J now owns 170,192 shares of Dicks Sporting Goods, Inc., valued at $241,999 using the latest closing price.
MATHRANI SANDEEP, the Director of Dicks Sporting Goods, Inc., purchase 1,300 shares at $113.54 during a trade that took place back on Aug 24, which means that MATHRANI SANDEEP is holding 6,647 shares at $147,602 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 Dicks 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 42.05, with 11.00 for asset returns.
Based on Dicks 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 0.98, 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.
In summary, Dicks Sporting Goods, Inc. (DKS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.