Dicks Sporting Goods, Inc (NYSE: DKS) is 4.90% higher on its value in year-to-date trading and has touched a low of $148.95 and a high of $254.60 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 $250.04 in the last trading session, with the day’s loss setting it -9.99%.
Currently trading at $240.05, the stock is 2.16% and 7.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -4.00% at the moment leaves the stock 12.63% off its SMA200. DKS registered 56.81% gain for a year compared to 6-month gain of 10.95%. The firm has a 50-day simple moving average (SMA 50) of $223.783 and a 200-day simple moving average (SMA200) of $213.13155.
The stock witnessed a 3.59% loss in the last 1 month and extending the period to 3 months gives it a 18.76%, and is -3.81% 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 2.86% over the week and 2.98% over the month.
Dicks Sporting Goods, Inc (DKS) has around 55500 employees, a market worth around $19.56B and $13.43B in sales. Current P/E ratio is 17.15 and Fwd P/E is 16.23. Profit margin for the company is 8.65%. Distance from 52-week low is 61.16% and -5.71% from its 52-week high. The company has generated returns on investments over the last 12 months (16.51%).
with sales reaching $3.76B over the same period.The EPS is expected to grow by 7.69% this year, but quarterly earnings will post 2.49% year-over-year. Quarterly sales are estimated to shrink -2.99% in year-over-year returns.
Dicks Sporting Goods, Inc (DKS) Top Institutional Holders
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 7.55%. 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
The most recent transaction is an insider sale by Lodge-Jarrett Julie, the company’s EVP, Chf People & Purpose Ofcr. SEC filings show that Lodge-Jarrett Julie sold 5,000 shares of the company’s common stock on Jan 17 ’25 at a price of $227.99 per share for a total of $1.14 million. Following the sale, the insider now owns 16504.0 shares.
Still, SEC filings show that on Jan 06 ’25, STACK EDWARD W (Executive Chairman) disposed off 160,600 shares at an average price of $229.25 for $36.82 million. The insider now directly holds 8,362,128 shares of Dicks Sporting Goods, Inc (DKS).
