The price-to-earnings ratio for Dicks Sporting Goods, Inc (NYSE: DKS) is above average at 14.58x. The 36-month beta value for DKS is also noteworthy at 1.62. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 26 rating it as “hold,” and 1 rating it as “sell.”
The public float for DKS is 55.69M, and at present, short sellers hold a 6.94% of that float. The average trading volume of DKS on November 15, 2024 was 904.13K shares.
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DKS) stock’s latest price update
Dicks Sporting Goods, Inc (NYSE: DKS)’s stock price has gone rise by 0.70 in comparison to its previous close of 197.33, however, the company has experienced a -0.63% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-14 that DKS’s growth efforts, including store-related strategies, appear encouraging. Robust omnichannel athlete experience and unique product assortment act as catalysts.
DKS’s Market Performance
Dicks Sporting Goods, Inc (DKS) has experienced a -0.63% fall in stock performance for the past week, with a -6.56% drop in the past month, and a -11.54% drop in the past quarter. The volatility ratio for the week is 3.26%, and the volatility levels for the past 30 days are at 2.82% for DKS. The simple moving average for the last 20 days is -1.60% for DKS’s stock, with a simple moving average of -2.83% 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 $260 based on the research report published on August 30, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see DKS reach a price target of $255, previously predicting the price at $245. The rating they have provided for DKS stocks is “Outperform” according to the report published on May 30th, 2024.
BofA Securities gave a rating of “Buy” to DKS, setting the target price at $240 in the report published on May 29th of the current year.
DKS Trading at -3.93% 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 -16.96% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 3.26%, as shares sank -7.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.50% lower at present.
During the last 5 trading sessions, DKS fell by -0.63%, which changed the moving average for the period of 200-days by +33.31% in comparison to the 20-day moving average, which settled at $201.96. In addition, Dicks Sporting Goods, Inc saw 35.23% 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:
- 0.11 for the present operating margin
- 0.36 for the gross margin
The net margin for Dicks Sporting Goods, Inc stands at 0.08. The total capital return value is set at 0.21. Equity return is now at value 40.76, with 11.77 for asset returns.
Based on Dicks Sporting Goods, Inc (DKS), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 26.28.
Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at 1.42. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 74.54for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
In summary, Dicks Sporting Goods, Inc (DKS) has had a mixed performance as of late. Analysts have bullish 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.
