Dicks Sporting Goods, Inc (NYSE: DKS) is -5.35% lower on its value in year-to-date trading and has touched a low of $178.21 and a high of $254.60 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 $212.12 in the last trading session, with the day’s gains setting it 4.47%.
Currently trading at $216.59, the stock is -5.73% and -6.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 2.11% at the moment leaves the stock 0.07% off its SMA200. DKS registered 19.50% gain for a year compared to 6-month gain of -8.60%.
The stock witnessed a -8.72% loss in the last 1 month and extending the period to 3 months gives it a 4.51%, and is -4.54% 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 4.09% over the week and 3.22% over the month.
Dicks Sporting Goods, Inc (DKS) has around 55500 employees, a market worth around $17.65B and $13.43B in sales. Current P/E ratio is 15.48 and Fwd P/E is 14.64. Profit margin for the company is 8.65%. Distance from 52-week low is 21.54% and -14.93% from its 52-week high. The company has generated returns on investments over the last 12 months (16.51%).
with sales reaching $3.77B over the same period.The EPS is expected to grow by 7.85% this year, but quarterly earnings will post 2.52% year-over-year. Quarterly sales are estimated to shrink -2.86% in year-over-year returns.
The shares outstanding are 56.91M, and float is at 55.79M with Short Float at 8.72%.
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 2.775 of the shares totaling 2.23 million with a market value of $479.54 million.
Dicks Sporting Goods, Inc (DKS) Insider Activity
A total of 0 insider transactions have happened at Dicks Sporting Goods, Inc (DKS) in the last six months, with sales accounting for 0 and purchases happening 0 times. 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).
Dicks Sporting Goods, Inc (DKS): Who are the competitors?
One of the company’s main competitors (and peers) include Sportsman’s Warehouse Holdings Inc. (SPWH) that is trading -61.54% down over the past 12 months.Big 5 Sporting Goods Corp. (BGFV) lies in the list of competitors of the Dicks Sporting Goods, Inc and is -73.71% lower over the same period from DKS
