Dicks Sporting Goods, Inc (NYSE: DKS) is -15.01% lower on its value in year-to-date trading and has touched a low of $182.84 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 $186.55 in the last trading session, with the day’s gains setting it 7.95%.
Currently trading at $194.50, the stock is -10.21% and -14.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 4.26% at the moment leaves the stock -10.30% off its SMA200. DKS registered 6.72% gain for a year compared to 6-month gain of -6.62%. The firm has a 50-day simple moving average (SMA 50) of $228.269 and a 200-day simple moving average (SMA200) of $216.8452.
The stock witnessed a -19.29% loss in the last 1 month and extending the period to 3 months gives it a -9.01%, and is -9.22% 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 5.05% over the week and 4.05% over the month.
Dicks Sporting Goods, Inc (DKS) has around 55500 employees, a market worth around $15.85B and $13.44B in sales. Current P/E ratio is 13.84 and Fwd P/E is 12.58. Profit margin for the company is 8.67%. Distance from 52-week low is 6.38% and -23.60% from its 52-week high. The company has generated returns on investments over the last 12 months (16.22%).
with sales reaching $3.13B over the same period.The EPS is expected to grow by 2.67% this year, but quarterly earnings will post 3.23% year-over-year. Quarterly sales are estimated to grow 3.60% in year-over-year returns.
Dicks Sporting Goods, Inc (DKS) Top Institutional Holders
1022.0 institutions hold shares in Dicks Sporting Goods, Inc (DKS), with institutional investors hold 99.87% of the company’s shares. The shares outstanding are 81.47M, and float is at 55.79M with Short Float at 7.59%. Institutions hold 96.19% 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 2.775 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).
