Dicks Sporting Goods, Inc (NYSE: DKS) is -22.88% lower on its value in year-to-date trading and has touched a low of $166.37 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 $179.34 in the last trading session, with the day’s loss setting it -2.86%.
Currently trading at $176.48, the stock is -4.96% and -6.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing -1.59% at the moment leaves the stock -16.20% off its SMA200. DKS registered -21.92% loss for a year compared to 6-month loss of -16.84%. The firm has a 50-day simple moving average (SMA 50) of $189.4194 and a 200-day simple moving average (SMA200) of $210.80154.
The stock witnessed a -5.80% gain in the last 1 month and extending the period to 3 months gives it a -17.71%, and is 5.54% up 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 1.93% over the week and 4.79% over the month.
Dicks Sporting Goods, Inc (DKS) has around 56100 employees, a market worth around $14.13B and $13.60B in sales. Current P/E ratio is 12.61 and Fwd P/E is 11.62. Profit margin for the company is 8.49%. Distance from 52-week low is 6.08% and -30.68% from its 52-week high. The company has generated returns on investments over the last 12 months (16.20%).
The EPS is expected to grow by 1.69% this year.
Dicks Sporting Goods, Inc (DKS) Top Institutional Holders
997.0 institutions hold shares in Dicks Sporting Goods, Inc (DKS), with institutional investors hold 101.44% of the company’s shares. The shares outstanding are 80.05M, and float is at 54.26M with Short Float at 6.83%. Institutions hold 97.36% 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 10.7425% 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 7.1473 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.37 million shares representing 6.6746% 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).
