Dicks Sporting Goods, Inc (DKS): A Technical Analysis

Dicks Sporting Goods, Inc (NYSE: DKS) has a higher price-to-earnings ratio of 16.48x compared to its average ratio. DKS has 36-month beta value of 1.62. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 3 as “overweight,” 14 as “hold,” and 0 as “sell.”

The public float for DKS is 55.77M, and currently, short sellers hold a 8.64% ratio of that float. The average trading volume of DKS on December 26, 2024 was 1.06M shares.

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DKS) stock’s latest price update

Dicks Sporting Goods, Inc (NYSE: DKS)’s stock price has soared by 2.44 in relation to previous closing price of 225.21. Nevertheless, the company has seen a gain of 7.34% in its stock price over the last five trading days. zacks.com reported 2024-12-24 that DICK’S Sporting Goods thrives on brand strength and innovation, though rising costs and macroeconomic uncertainty pose risks.

DKS’s Market Performance

Dicks Sporting Goods, Inc (DKS) has experienced a 7.34% rise in stock performance for the past week, with a 7.19% rise in the past month, and a 6.20% rise in the past quarter. The volatility ratio for the week is 3.55%, and the volatility levels for the past 30 days are at 3.81% for DKS. The simple moving average for the last 20 days is 5.89% for DKS’s stock, with a simple moving average of 9.54% for the last 200 days.

Analysts’ Opinion of DKS

Many brokerage firms have already submitted their reports for DKS stocks, with UBS repeating the rating for DKS by listing it as a “Buy.” The predicted price for DKS in the upcoming period, according to UBS is $260 based on the research report published on November 27, 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 $260, previously predicting the price at $255. The rating they have provided for DKS stocks is “Outperform” according to the report published on August 30th, 2024.

Telsey Advisory Group gave a rating of “Outperform” to DKS, setting the target price at $255 in the report published on May 30th of the current year.

DKS Trading at 10.32% 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 -3.60% of loss for the given period.

Volatility was left at 3.81%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares surge +8.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.23% upper at present.

During the last 5 trading sessions, DKS rose by +7.52%, which changed the moving average for the period of 200-days by +26.80% in comparison to the 20-day moving average, which settled at $217.89. In addition, Dicks Sporting Goods, Inc saw 56.99% 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 Fitzgerald Larry Jr., who purchase 230 shares at the price of $215.05 back on Dec 02 ’24. After this action, Fitzgerald Larry Jr. now owns 11,526 shares of Dicks Sporting Goods, Inc, valued at $49,463 using the latest closing price.

Ralls-Morrison Desiree, the Director of Dicks Sporting Goods, Inc, sale 3,489 shares at $206.65 during a trade that took place back on Jul 11 ’24, which means that Ralls-Morrison Desiree is holding 5,609 shares at $721,002 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 0.09. The total capital return value is set at 0.21. Equity return is now at value 42.65, with 11.77 for asset returns.

Based on Dicks Sporting Goods, Inc (DKS), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 1.47. The interest coverage ratio of the stock is 27.21.

Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at 1.57. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 61.62for trailing twelve months and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.

Conclusion

To put it simply, Dicks Sporting Goods, Inc (DKS) has had a better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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