Dicks Sporting Goods, Inc [DKS] stock is trading at $212.22, down -1.40%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DKS shares have gain 6.34% over the last week, with a monthly amount glided 3.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dicks Sporting Goods, Inc [NYSE: DKS] stock has seen the most recent analyst activity on August 30, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $260 from $255. Previously, Telsey Advisory Group reaffirmed its Outperform rating on May 30, 2024, and elevated its price target to $255. On May 29, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $240 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $211 on April 12, 2024. Gordon Haskett reiterated its recommendation of a Buy and raised its price target to $260 on April 08, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on March 11, 2024, and upped its price target to $195. In a note dated November 22, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $140 to $145.
Dicks Sporting Goods, Inc [DKS] stock has fluctuated between $119.84 and $239.30 over the past year. Currently, Wall Street analysts expect the stock to reach $225.9 within the next 12 months. Dicks Sporting Goods, Inc [NYSE: DKS] shares were valued at $212.22 at the most recent close of the market. An investor can expect a potential return of 6.45% based on the average DKS price forecast.
Analyzing the DKS fundamentals
Dicks Sporting Goods, Inc [NYSE:DKS] reported sales of 13.41B for the trailing twelve months, which represents a growth of 7.75%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.41 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.47.
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 204.35 points at the first support level, and at 196.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 224.75, and for the 2nd resistance point, it is at 237.27.
Ratios To Look Out For
For context, Dicks Sporting Goods, Inc’s Current Ratio is 1.77. Also, the Quick Ratio is 0.69, while the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 5.83 and price to earnings (TTM) ratio is 15.57.
Transactions by insiders
Recent insider trading involved Ralls-Morrison Desiree, Director, that happened on Jul 11 ’24 when 3489.0 shares were sold. Director, COLOMBO WILLIAM J completed a deal on Jun 11 ’24 to sell 1.0 shares. Meanwhile, EVP, Chf People & Purpose Ofcr Lodge-Jarrett Julie sold 4910.0 shares on May 30 ’24.
