Dicks Sporting Goods, Inc (DKS) Stock Down -0.04%: Is It a Good Investment?

Dicks Sporting Goods, Inc [DKS] stock is trading at $225.21, down -0.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The DKS shares have lost -0.34% over the last week, with a monthly amount glided 7.16%, 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

From an analyst’s perspective:

Dicks Sporting Goods, Inc [NYSE: DKS] stock has seen the most recent analyst activity on November 27, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $260 from $225. Previously, Telsey Advisory Group reaffirmed its Outperform rating on August 30, 2024, and elevated its price target to $260. On May 30, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $255 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $240 on May 29, 2024. Jefferies initiated its recommendation with a Hold and recommended $211 as its price target on April 12, 2024. Gordon Haskett reiterated a Buy rating for this stock on April 08, 2024, and upped its price target to $260. In a note dated March 11, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $160 to $195.

Dicks Sporting Goods, Inc [DKS] stock has fluctuated between $137.06 and $239.30 over the past year. Currently, Wall Street analysts expect the stock to reach $244.17 within the next 12 months. Dicks Sporting Goods, Inc [NYSE: DKS] shares were valued at $225.21 at the most recent close of the market. An investor can expect a potential return of 8.42% based on the average DKS price forecast.

Analyzing the DKS fundamentals

Dicks Sporting Goods, Inc [NYSE:DKS] reported sales of 13.43B for the trailing twelve months, which represents a growth of 0.49%. 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 223.16 points at the first support level, and at 221.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 226.78, and for the 2nd resistance point, it is at 228.35.

Ratios To Look Out For

For context, Dicks Sporting Goods, Inc’s Current Ratio is 1.72. On the other hand, the Quick Ratio is 0.56, and the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 5.92 and price to earnings (TTM) ratio is 16.09.

Transactions by insiders

Recent insider trading involved Fitzgerald Larry Jr., Director, that happened on Dec 02 ’24 when 230.0 shares were purchased. Director, Ralls-Morrison Desiree completed a deal on Jul 11 ’24 to sell 3489.0 shares. Meanwhile, Director COLOMBO WILLIAM J sold 1.0 shares on Jun 11 ’24.

Related Posts