Dicks Sporting Goods, Inc. [NYSE: DKS] traded at a low on Wednesday, posting a -4.89 loss after which it closed the day’ session at $220.77.
The results of the trading session contributed to over 3670214 shares changing hands. Over the past one week, the price volatility of Dicks Sporting Goods, Inc. stands at 3.30% while the volatility over the past one month is 3.15%.
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The market cap for DKS stock reached $17.99 billion, with 56.84 million shares outstanding and 55.77 million shares in the current float. Compared to the average trading volume of 1.01M shares, DKS reached a trading volume of 3670214 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Dicks Sporting Goods, Inc. [DKS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DKS shares is $246.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DKS stock is a recommendation set at 2.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Dicks Sporting Goods, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 30, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $245 to $255. The new note on the price target was released on May 30, 2024, representing the official price target for Dicks Sporting Goods, Inc. stock. Previously, the target price had yet another raise to $240, while BofA Securities analysts kept a Buy rating on DKS stock.
The Average True Range (ATR) for Dicks Sporting Goods, Inc. is set at 8.43, with the Price to Sales ratio for DKS stock in the period of the last 12 months amounting to 1.37. The Price to Book ratio for the last quarter was 6.62, with the Price to Cash per share for the same quarter was set at 20.24. Price to Free Cash Flow for DKS in the course of the last twelve months was 15.69 with Quick ratio for the last quarter at 0.65.
How has DKS stock performed recently?
Dicks Sporting Goods, Inc. [DKS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.57. With this latest performance, DKS shares gained by 11.68% in over the last four-week period, additionally plugging by 22.05% over the last 6 months – not to mention a rise of 89.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DKS stock in for the last two-week period is set at 47.79, with the RSI for the last a single of trading hit 40.73, and the three-weeks RSI is set at 50.37 for Dicks Sporting Goods, Inc. [DKS]. The present Moving Average for the last 50 days of trading for this stock 214.78, while it was recorded at 231.98 for the last single week of trading, and 187.36 for the last 200 days.
Dicks Sporting Goods, Inc. [DKS]: Deeper insight into the fundamentals
Dicks Sporting Goods, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.65 and a Current Ratio set at 1.71.
Earnings analysis for Dicks Sporting Goods, Inc. [DKS]
With the latest financial reports released by the company, Dicks Sporting Goods, Inc. posted 2.82/share EPS, while the average EPS was predicted by analysts to be reported at 3.81/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.99. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DKS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dicks Sporting Goods, Inc. go to 6.60%.
Insider trade positions for Dicks Sporting Goods, Inc. [DKS]
There are presently around $92.93%, or 96.52%% of DKS stock, in the hands of institutional investors. The top three institutional holders of DKS stocks are: FMR LLC with ownership of 8.64 million shares, which is approximately 10.7225%. BLACKROCK INC., holding 5.75 million shares of the stock with an approximate value of $$1.24 billion in DKS stocks shares; and BLACKROCK INC., currently with $$1.15 billion in DKS stock with ownership which is approximately 6.6622%.
