Dicks Sporting Goods, Inc (NYSE:DKS) trading 70.60% higher than its 52 week low: What does Wall Street Say?

Dicks Sporting Goods, Inc (DKS) saw an uptrend of 3.92% in the recent trading with $215.36 being its most recent. The current price level -10.00% lower than the highest price of $239.30 marked by the stock while trading over the past 52-weeks, whereas it is 70.60% higher than the lowest price of $126.24 the company dropped to over past 52-weeks. The latest news story on DKS appeared in (Motley Fool) under the title “How Dick’s Sporting Goods Is Succeeding”.

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

Squeezing the time span to 30 day period shows us the stock is currently trading -6.12% below one month high and is +14.13% above of the lowest during that time. Looking into the simple moving average, Dicks Sporting Goods, Inc (DKS)’s stock stands at a SMA-50 of $205.72 while that of 5-day is reading $212.74.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and DKS’s SMA-200 as of now is $207.00.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 15 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.23 for the stock.

Dicks Sporting Goods, Inc Earnings – What Happened With DKS

Coming around sales and income figures on DKS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Dicks Sporting Goods, Inc (DKS) last released financial results for the quarter that ended 10/31/2024, posting a surprise factor of 14.42% for net revenue.

DKS – Dicks Sporting Goods, Inc Stock Earnings Estimates

The perspective of Dicks Sporting Goods, Inc (NYSE:DKS)’s current quarter earnings identifies that analysts are in consensus over the estimate of 3.36 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 3.85.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 56.91 million. DKS does have institutional investors; and they hold 64.85% of the stock.

Dicks Sporting Goods, Inc – Insider Activity and Holdings

As on 2024-06-30, FMR LLC was the top most holder in Dicks Sporting Goods, Inc (NYSE:DKS) with an ownership of 8.64 million shares of the company or 10.7225 of the stake worth $1.86 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 7.134 of the outstanding shares. Its stake is worth $1.24 billion for having 5.75 million shares in hand.

VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 6.6622 of the outstanding shares. With this there are now 961.0 institutions which have possession in DKS’s shares.

Currently, the stock has been recommended as Moderate Buy by 15 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.23 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Dicks Sporting Goods, Inc has a debt to equity ratio of 1.47.

Technical Analysis of Dicks Sporting Goods, Inc (NYSE:DKS) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Dicks Sporting Goods, Inc (DKS), we notice that the stock’s 20-day average volume is at 1,339,655 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 999,320 shares. And to end, DKS’s 100-day average volume is 1,018,435 shares with 100% of the long-term indicators pointing towards Buy for the stock.