In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Dicks Sporting Goods, Inc. (NYSE: DKS) closed at $196.15 in the last session, down -3.22% from day before closing price of $202.68. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 1.41 million shares were traded. DKS stock price reached its highest trading level at $201.04 during the session, while it also had its lowest trading level at $194.83.
Ratios:
We take a closer look at DKS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.44.
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, Jefferies on April 12, 2024, initiated with a Hold rating and assigned the stock a target price of $211.
On April 08, 2024, Gordon Haskett reiterated its Buy rating and also lowered its target price recommendation from $190 to $260.
Telsey Advisory Group reiterated its Outperform rating for the stock on March 11, 2024, while the target price for the stock was revised from $160 to $195.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 22 ’24 when Gupta Navdeep sold 16,211 shares for $222.00 per share. The transaction valued at 3,598,891 led to the insider holds 87,628 shares of the business.
Baran Elizabeth H. sold 2,175 shares of DKS for $482,372 on Mar 22 ’24. The SVP, General Counsel now owns 11,051 shares after completing the transaction at $221.78 per share. On Mar 21 ’24, another insider, STACK EDWARD W, who serves as the Executive Chairman of the company, sold 151,210 shares for $220.93 each. As a result, the insider received 33,407,064 and left with 10,899,110 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 16044323840 and an Enterprise Value of 19173238784. As of this moment, Dicks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.12, and their Forward P/E ratio for the next fiscal year is 13.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 6.03. Its current Enterprise Value per Revenue stands at 1.477 whereas that against EBITDA is 11.111.
Stock Price History:
Over the past 52 weeks, DKS has reached a high of $225.79, while it has fallen to a 52-week low of $100.98. The 50-Day Moving Average of the stock is -2.86%, while the 200-Day Moving Average is calculated to be 32.12%.
Shares Statistics:
According to the various share statistics, DKS traded on average about 1.19M shares per day over the past 3-months and 705060 shares per day over the past 10 days. A total of 56.84M shares are outstanding, with a floating share count of 55.98M. Insiders hold about 31.57% of the company’s shares, while institutions hold 68.89% stake in the company. Shares short for DKS as of 1713139200 were 5520312 with a Short Ratio of 4.65, compared to 1710460800 on 6126302. Therefore, it implies a Short% of Shares Outstanding of 5520312 and a Short% of Float of 11.53.
Dividends & Splits
The forward annual dividend rate for DKS is 4.10, which was 4.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.019735545The stock’s 5-year Average Dividend Yield is 2.17.
