Dicks Sporting Goods, Inc. [DKS] stock is trading at $175.52, up 1.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The DKS shares have gain 3.77% over the last week, with a monthly amount glided 14.61%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 15, February 2024, DICK’S Sporting Goods Fourth Quarter Results Call Scheduled for March 14th. In a post published today on Yahoo Finance, DICK’S Sporting Goods, Inc. (NYSE: DKS) will announce results for the fourth quarter and full year 2023 before the market opens on Thursday, March 14th.
From an analyst’s perspective:
Dicks Sporting Goods, Inc. [NYSE: DKS] stock has seen the most recent analyst activity on November 22, 2023, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $145 from $140. Previously, Truist started tracking the stock with Buy rating on November 17, 2023, and set its price target to $134. On August 23, 2023, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $140 on the stock. Oppenheimer reiterated its Outperform rating and decreased its price target to $145 on August 23, 2023. Wedbush downgraded its rating to a Neutral and reduced its price target to $115 on August 23, 2023. BofA Securities downgraded its rating to Neutral for this stock on August 23, 2023, and downed its price target to $125. In a note dated March 14, 2023, Jefferies initiated an Hold rating and provided a target price of $155 on this stock.
Dicks Sporting Goods, Inc. [DKS] stock has fluctuated between $100.98 and $173.33 over the past year. Currently, Wall Street analysts expect the stock to reach $135.77 within the next 12 months. Dicks Sporting Goods, Inc. [NYSE: DKS] shares were valued at $175.52 at the most recent close of the market. An investor can expect a potential drop of -22.65% based on the average DKS price forecast.
Analyzing the DKS fundamentals
Dicks Sporting Goods, Inc. [NYSE:DKS] reported sales of 12.70B for the trailing twelve months, which represents a growth of 2.82%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 173.09 points at the first support level, and at 170.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.35, and for the 2nd resistance point, it is at 179.19.
Dicks Sporting Goods, Inc. [DKS] reported earnings per share of $2.85 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.44/share, meaning a difference of $0.41 and a surprise factor of 16.80%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $2.82 per share as compared to estimates of $3.81 per share, a difference of -$0.99 representing a surprise of -26.00%.
Ratios To Look Out For
For context, Dicks Sporting Goods, Inc.’s Current Ratio is 1.65. On the other hand, the Quick Ratio is 0.56, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 5.91 and price to earnings (TTM) ratio is 15.67.
Transactions by insiders
The next item on our agenda is insider trading, which has seen 0 insider purchases totaling 0 shares and 1 insider sales totaling 700 shares over the past 3 months. Recent insider trading involved SCHORR LAWRENCE J, Director, that happened on Dec 18 when 3174.0 shares were sold. EVP, Chief Technology Officer, Rak Vladimir completed a deal on Dec 14 to sell 22011.0 shares. Meanwhile, SVP, Chf People & Purpose Ofcr Lodge-Jarrett Julie sold 6540.0 shares on Dec 01.
