Dicks Sporting Goods, Inc. (NYSE: DKS) closed the day trading at $207.55 down -0.57% from the previous closing price of $208.75. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1322705 shares were traded.
Ratios:
For a better understanding of DKS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.21. 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, Gordon Haskett on April 08, 2024, Reiterated its Buy rating but revised its target price to $260 from $190 previously.
On March 11, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $160 to $195.
Telsey Advisory Group reiterated its Outperform rating for the stock on November 22, 2023, while the target price for the stock was revised from $140 to $145.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 17.11B and an Enterprise Value of 19.57B. As of this moment, Dicks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.06, and their Forward P/E ratio for the next fiscal year is 14.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. 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 6.38. Its current Enterprise Value per Revenue stands at 1.51 whereas that against EBITDA is 11.06.
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 184.98, while the 200-Day Moving Average is calculated to be 141.34.
Shares Statistics:
Over the past 3-months, DKS traded about 1.26M shares per day on average, while over the past 10 days, DKS traded about 1.32M shares per day. A total of 56.84M shares are outstanding, with a floating share count of 56.60M. Insiders hold about 31.35% of the company’s shares, while institutions hold 70.99% stake in the company. Shares short for DKS as of Mar 15, 2024 were 6.13M with a Short Ratio of 4.85, compared to 6.22M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.49% and a Short% of Float of 12.99%.
Dividends & Splits
DKS’s forward annual dividend rate is 4.10, up from 4.00 a year ago. Against a Trailing Annual Dividend Yield of 1.92%, it implies a Forward Annual Dividend Yield of 1.98%. The stock’s 5-year Average Dividend Yield is 2.18. The current Payout Ratio is 32.84% for DKS, which recently paid a dividend on Apr 12, 2024 with an ex-dividend date of Mar 27, 2024. Stock splits for the company last occurred on Oct 22, 2007 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 23 analysts. On average, analysts expect EPS of $3.03 for the current quarter, with a high estimate of $3.36 and a low estimate of $2.76, while EPS last year was $3.4. The consensus estimate for the next quarter is $3.49, with high estimates of $4.29 and low estimates of $3.
Analysts are recommending an EPS of between $13.83 and $13 for the fiscal current year, implying an average EPS of $13.26. EPS for the following year is $14.37, with 25 analysts recommending between $15.4 and $13.67.
Revenue Estimates
A total of 23 analysts have provided revenue estimates for DKS’s current fiscal year. The highest revenue estimate was $13.39B, while the lowest revenue estimate was $13.05B, resulting in an average revenue estimate of $13.16B. In the same quarter a year ago, actual revenue was $12.98B, up 1.30% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $13.68B in the next fiscal year. The high estimate is $14.08B and the low estimate is $13.29B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
