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As of close of business last night, Dicks Sporting Goods, Inc.’s stock clocked out at $213.78, down -5.60% from its previous closing price of $226.47. In other words, the price has decreased by -$5.60 from its previous closing price. On the day, 1.28 million shares were traded. DKS stock price reached its highest trading level at $223.805 during the session, while it also had its lowest trading level at $212.38.
Ratios:
To gain a deeper understanding of DKS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 30, 2024, Reiterated its Outperform rating but revised its target price to $255 from $245 previously.
On May 29, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $240.
On April 12, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $211.Jefferies initiated its Hold rating on April 12, 2024, with a $211 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 11 ’24 when Ralls-Morrison Desiree sold 3,489 shares for $206.65 per share. The transaction valued at 721,002 led to the insider holds 5,609 shares of the business.
COLOMBO WILLIAM J sold 1 shares of DKS for $154 on Jun 11 ’24. The Director now owns 0 shares after completing the transaction at $215.64 per share. On May 30 ’24, another insider, Rak Vladimir, who serves as the EVP, Chief Technology Officer of the company, sold 18,992 shares for $221.22 each. As a result, the insider received 4,201,332 and left with 24,287 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DKS now has a Market Capitalization of 18455070720 and an Enterprise Value of 20078084096. As of this moment, Dicks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.71, and their Forward P/E ratio for the next fiscal year is 14.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 6.41. Its current Enterprise Value per Revenue stands at 1.526 whereas that against EBITDA is 11.54.
Stock Price History:
Over the past 52 weeks, DKS has reached a high of $234.47, while it has fallen to a 52-week low of $100.98. The 50-Day Moving Average of the stock is 1.86%, while the 200-Day Moving Average is calculated to be 26.90%.
Shares Statistics:
It appears that DKS traded 1.10M shares on average per day over the past three months and 1133660 shares per day over the past ten days. A total of 56.84M shares are outstanding, with a floating share count of 55.77M. Insiders hold about 31.56% of the company’s shares, while institutions hold 69.12% stake in the company. Shares short for DKS as of 1719532800 were 5174508 with a Short Ratio of 4.71, compared to 1717113600 on 5306718. Therefore, it implies a Short% of Shares Outstanding of 5174508 and a Short% of Float of 12.61.
Dividends & Splits
With its trailing 12-month dividend rate of 4.1, DKS has a forward annual dividend rate of 4.20. Against a Trailing Annual Dividend Yield of 0.018103942The stock’s 5-year Average Dividend Yield is 2.12.
