Dicks Sporting Goods, Inc. (NYSE: DKS) has a higher price-to-earnings ratio of 16.68x compared to its average ratio. DKS has 36-month beta value of 1.66. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 26 as “hold,” and 1 as “sell.”
The public float for DKS is 55.77M, and currently, short sellers hold a 9.28% ratio of that float. The average trading volume of DKS on July 25, 2024 was 1.12M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
DKS) stock’s latest price update
Dicks Sporting Goods, Inc. (NYSE: DKS)’s stock price has plunge by -1.58relation to previous closing price of 204.63. Nevertheless, the company has seen a -5.79% plunge in its stock price over the last five trading sessions. investorplace.com reported 2024-07-23 that The retail season gets more compressed every year. Summer has just started and many retailers are already in full back-to-school mode.
DKS’s Market Performance
Dicks Sporting Goods, Inc. (DKS) has experienced a -5.79% fall in stock performance for the past week, with a -12.35% drop in the past month, and a -2.28% drop in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are at 3.47% for DKS. The simple moving average for the last 20 days is -4.45% for DKS stock, with a simple moving average of 17.72% for the last 200 days.
Analysts’ Opinion of DKS
Many brokerage firms have already submitted their reports for DKS stocks, with Telsey Advisory Group repeating the rating for DKS by listing it as a “Outperform.” The predicted price for DKS in the upcoming period, according to Telsey Advisory Group is $255 based on the research report published on May 30, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see DKS reach a price target of $240. The rating they have provided for DKS stocks is “Buy” according to the report published on May 29th, 2024.
Jefferies gave a rating of “Hold” to DKS, setting the target price at $211 in the report published on April 12th of the current year.
DKS Trading at -4.47% 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 -14.10% of loss for the given period.
Volatility was left at 3.47%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -10.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.71% upper at present.
During the last 5 trading sessions, DKS fell by -5.79%, which changed the moving average for the period of 200-days by +97.03% in comparison to the 20-day moving average, which settled at $209.60. In addition, Dicks Sporting Goods, Inc. saw 37.05% 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 Ralls-Morrison Desiree, who sale 3,489 shares at the price of $206.65 back on Jul 11 ’24. After this action, Ralls-Morrison Desiree now owns 5,609 shares of Dicks Sporting Goods, Inc., valued at $721,002 using the latest closing price.
COLOMBO WILLIAM J, the Director of Dicks Sporting Goods, Inc., sale 1 shares at $215.64 during a trade that took place back on Jun 11 ’24, which means that COLOMBO WILLIAM J is holding 0 shares at $154 based on the most recent closing price.
Stock Fundamentals for DKS
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.35 for the gross margin
The net margin for Dicks Sporting Goods, Inc. stands at 0.08. The total capital return value is set at 0.2. Equity return is now at value 37.94, with 10.81 for asset returns.
Based on Dicks Sporting Goods, Inc. (DKS), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.92. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 23.1.
Currently, EBITDA for the company is 1.77 billion with net debt to EBITDA at 1.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.45. The receivables turnover for the company is 81.44for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
To put it simply, Dicks Sporting Goods, Inc. (DKS) has had a mixed performance in recent times. Analysts have a bullish 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.
