Dicks Sporting Goods, Inc. (NYSE: DKS) is 61.25% higher on its value in year-to-date trading and has touched a low of $100.98 and a high of $239.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DKS stock was last observed hovering at around $235.06 in the last trading session, with the day’s gains setting it 1.9%.
Currently trading at $236.96, the stock is 8.18% and 10.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.81% at the moment leaves the stock 27.66% off its SMA200. DKS registered 106.45% gain for a year compared to 6-month gain of 30.74%.
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The stock witnessed a 15.03% loss in the last 1 month and extending the period to 3 months gives it a 4.09%, and is -0.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.27% over the week and 3.10% over the month.
Dicks Sporting Goods, Inc. (DKS) has around 55500 employees, a market worth around $19.31B and $13.16B in sales. Current P/E ratio is 19.63 and Fwd P/E is 16.06. Profit margin for the company is 7.73%. Distance from 52-week low is 134.66% and -0.98% from its 52-week high. The company has generated returns on investments over the last 12 months (15.63%).
The EPS is expected to grow by 6.87% this year.
Dicks Sporting Goods, Inc. (DKS) Top Institutional Holders
931.0 institutions hold shares in Dicks Sporting Goods, Inc. (DKS), with institutional investors hold 96.51% of the company’s shares. The shares outstanding are 56.84M, and float is at 55.77M with Short Float at 9.36%. Institutions hold 92.92% of the Float.
The top institutional shareholder in the company is FMR LLC with over 8.64 million shares valued at $1.86 billion. The investor’s holdings represent 10.7225% of the DKS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.75 million shares valued at $$1.24 billion to account for 7.134 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.37 million shares representing 6.6622% and valued at over $1.15 billion, while STATE STREET CORP holds 2.7698 of the shares totaling 2.23 million with a market value of $479.54 million.
Dicks Sporting Goods, Inc. (DKS) Insider Activity
The most recent transaction is an insider sale by Ralls-Morrison Desiree,the company’sDirector. SEC filings show that Ralls-Morrison Desiree sold 3,489 shares of the company’s common stock on Jul 11 ’24 at a price of $206.65 per share for a total of $0.72 million. Following the sale, the insider now owns 5609.0 shares.
Dicks Sporting Goods, Inc. disclosed in a document filed with the SEC on Jun 11 ’24 that COLOMBO WILLIAM J (Director) sold a total of 1 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $215.64 per share for $154.0. Following the transaction, the insider now directly holds 0.0 shares of the DKS stock.
Still, SEC filings show that on May 30 ’24, Lodge-Jarrett Julie (EVP, Chf People & Purpose Ofcr) disposed off 4,910 shares at an average price of $222.02 for $1.09 million. The insider now directly holds 16,504 shares of Dicks Sporting Goods, Inc. (DKS).
