Dicks Sporting Goods, Inc (NYSE: DKS) is -0.75% lower on its value in year-to-date trading and has touched a low of $139.48 and a high of $239.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DKS stock was last observed hovering at around $226.51 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $227.13, the stock is 0.25% and 5.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 0.27% at the moment leaves the stock 7.45% off its SMA200. DKS registered 59.10% gain for a year compared to 6-month gain of 6.24%. The firm has a 50-day simple moving average (SMA 50) of $214.9602 and a 200-day simple moving average (SMA200) of $211.38194.
The stock witnessed a 1.67% loss in the last 1 month and extending the period to 3 months gives it a 8.34%, and is -2.74% 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 2.71% over the week and 3.07% over the month.
Dicks Sporting Goods, Inc (DKS) has around 55500 employees, a market worth around $18.51B and $13.43B in sales. Current P/E ratio is 16.23 and Fwd P/E is 15.37. Profit margin for the company is 8.65%. Distance from 52-week low is 62.84% and -5.09% from its 52-week high. The company has generated returns on investments over the last 12 months (16.51%).
The EPS is expected to grow by 7.67% this year
961.0 institutions hold shares in Dicks Sporting Goods, Inc (DKS), with institutional investors hold 96.61% of the company’s shares. The shares outstanding are 56.91M, and float is at 55.79M with Short Float at 9.26%. Institutions hold 93.02% 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
Dicks Sporting Goods, Inc disclosed in a document filed with the SEC on Jan 06 ’25 that STACK EDWARD W (Executive Chairman) sold a total of 160,600 shares of the company’s common stock. The trade occurred on Jan 06 ’25 and was made at $229.25 per share for $36.82 million. Following the transaction, the insider now directly holds 8.36 million shares of the DKS stock.
Still, SEC filings show that on Jan 06 ’25, STACK EDWARD W (Officer) Proposed Sale 160,600 shares at an average price of $229.20 for $36.81 million. The insider now directly holds shares of Dicks Sporting Goods, Inc (DKS).
