Gaining Ground: Dicks Sporting Goods, Inc. (DKS) Closes Lower at 232.12, Down -2.04

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The price of Dicks Sporting Goods, Inc. (NYSE: DKS) closed at $232.12 in the last session, down -2.04% from day before closing price of $236.96. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 2.1 million shares were traded. DKS stock price reached its highest trading level at $239.0 during the session, while it also had its lowest trading level at $230.23.

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 11.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.49. 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 August 30, 2024, Reiterated its Outperform rating but revised its target price to $260 from $255 previously.

On May 30, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $245 to $255.

BofA Securities Upgraded its Neutral to Buy on May 29, 2024, while the target price for the stock was maintained at $240.

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 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, Lodge-Jarrett Julie, who serves as the EVP, Chf People & Purpose Ofcr of the company, sold 4,910 shares for $222.02 each. As a result, the insider received 1,090,118 and left with 16,504 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 19309899776 and an Enterprise Value of 21572612096. As of this moment, Dicks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.23, and their Forward P/E ratio for the next fiscal year is 15.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 6.96. Its current Enterprise Value per Revenue stands at 1.639 whereas that against EBITDA is 12.399.

Stock Price History:

Over the past 52 weeks, DKS has reached a high of $239.30, while it has fallen to a 52-week low of $100.98. The 50-Day Moving Average of the stock is 8.01%, while the 200-Day Moving Average is calculated to be 24.62%.

Shares Statistics:

According to the various share statistics, DKS traded on average about 1.02M shares per day over the past 3-months and 956340 shares per day over the past 10 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 65.66% stake in the company. Shares short for DKS as of 1723680000 were 5217791 with a Short Ratio of 5.13, compared to 1721001600 on 5513837. Therefore, it implies a Short% of Shares Outstanding of 5217791 and a Short% of Float of 12.709999999999999.

Dividends & Splits

The forward annual dividend rate for DKS is 4.20, which was 4.1 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.017302498The stock’s 5-year Average Dividend Yield is 2.09.

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