Is Dicks Sporting Stock a Good Investment?
Dicks Sporting Investment Advice | DKS |
- Examine Dicks Sporting's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Dicks Sporting's leadership team and their track record. Good management can help Dicks Sporting navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact Dicks Sporting's business and its evolving consumer preferences.
- Compare Dicks Sporting's performance and market position to its competitors. Analyze how Dicks Sporting is positioned in terms of product offerings, innovation, and market share.
- Check if Dicks Sporting pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Dicks Sporting's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Dicks Sporting Goods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Dicks Sporting Goods is a good investment.
Sell | Buy |
Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Dicks Sporting Stock
Researching Dicks Sporting's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.13. Dicks Sporting Goods recorded earning per share (EPS) of 13.61. The entity last dividend was issued on the 20th of September 2024. The firm had 2:1 split on the 22nd of October 2007.
To determine if Dicks Sporting is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Dicks Sporting's research are outlined below:
| Dicks Sporting Goods generated a negative expected return over the last 90 days | |
| Dicks Sporting Goods has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of the company shares are held by institutions such as insurance companies | |
| On 4th of October 2024 Dicks Sporting paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: With More Than 2MM in Sales, Petit Pot Takes 100,000 Grand Prize at 2024 Real California Milk Excelerator |
Dicks Sporting Quarterly Accounts Payable |
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Dicks Sporting uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Dicks Sporting Goods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dicks Sporting's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Dicks Sporting's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Dicks Sporting's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-11-18 | 2004-10-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2003-11-18 | 2003-10-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2008-11-20 | 2008-10-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2006-05-16 | 2006-04-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2005-05-17 | 2005-04-30 | 0.1 | 0.12 | 0.02 | 20 | ||
2004-05-18 | 2004-04-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2017-11-14 | 2017-10-31 | 0.26 | 0.3 | 0.04 | 15 | ||
2009-05-19 | 2009-04-30 | 0.07 | 0.11 | 0.04 | 57 |
Dicks Sporting Target Price Consensus
Dicks target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Dicks Sporting's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 29 | Buy |
Most Dicks analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Dicks stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Dicks Sporting Goods, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationDicks Sporting Target Price Projection
Dicks Sporting's current and average target prices are 201.63 and 133.50, respectively. The current price of Dicks Sporting is the price at which Dicks Sporting Goods is currently trading. On the other hand, Dicks Sporting's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Dicks Sporting Market Quote on 22nd of November 2024
Target Price
Analyst Consensus On Dicks Sporting Target Price
Dicks Sporting Analyst Ratings
Dicks Sporting's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Dicks Sporting stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Dicks Sporting's financials, market performance, and future outlook by experienced professionals. Dicks Sporting's historical ratings below, therefore, can serve as a valuable tool for investors.Know Dicks Sporting's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Dicks Sporting is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dicks Sporting Goods backward and forwards among themselves. Dicks Sporting's institutional investor refers to the entity that pools money to purchase Dicks Sporting's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 764.9 K | Norges Bank | 2024-06-30 | 684.6 K | Amvescap Plc. | 2024-06-30 | 623.2 K | Alliancebernstein L.p. | 2024-06-30 | 557 K | Aqr Capital Management Llc | 2024-06-30 | 545 K | Amundi | 2024-06-30 | 507.9 K | Gilder Gagnon Howe & Co Llc | 2024-09-30 | 477.1 K | Northern Trust Corp | 2024-09-30 | 465.2 K | Tensile Capital Management Llc | 2024-09-30 | 426.8 K | Fmr Inc | 2024-09-30 | 8.7 M | Blackrock Inc | 2024-06-30 | 5.7 M |
Dicks Sporting's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 15.81 B.Market Cap |
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Dicks Sporting's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.11 | |
| Return On Capital Employed | 0.20 | 0.24 | |
| Return On Assets | 0.11 | 0.10 | |
| Return On Equity | 0.40 | 0.19 |
Determining Dicks Sporting's profitability involves analyzing its financial statements and using various financial metrics to determine if Dicks Sporting is a good buy. For example, gross profit margin measures Dicks Sporting's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Dicks Sporting's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Dicks Sporting's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dicks Sporting Goods. Check Dicks Sporting's Beneish M Score to see the likelihood of Dicks Sporting's management manipulating its earnings.
Evaluate Dicks Sporting's management efficiency
Dicks Sporting Goods has Return on Asset of 0.0992 % which means that on every $100 spent on assets, it made $0.0992 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4076 %, implying that it generated $0.4076 on every 100 dollars invested. Dicks Sporting's management efficiency ratios could be used to measure how well Dicks Sporting manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.24 in 2024, whereas Return On Tangible Assets are likely to drop 0.11 in 2024. At this time, Dicks Sporting's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 4.6 B in 2024, whereas Other Current Assets are likely to drop slightly above 84.1 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.80 | 15.37 | |
| Tangible Book Value Per Share | 28.13 | 12.76 | |
| Enterprise Value Over EBITDA | 8.84 | 7.88 | |
| Price Book Value Ratio | 4.90 | 3.36 | |
| Enterprise Value Multiple | 8.84 | 7.88 | |
| Price Fair Value | 4.90 | 3.36 | |
| Enterprise Value | 3.4 B | 3 B |
Understanding the management dynamics of Dicks Sporting Goods allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Dividend Yield 0.022 | Forward Dividend Yield 0.022 | Forward Dividend Rate 4.4 | Beta 1.667 |
Basic technical analysis of Dicks Stock
As of the 22nd of November, Dicks Sporting shows the Coefficient Of Variation of (928.08), standard deviation of 1.82, and Mean Deviation of 1.39. Dicks Sporting Goods technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Dicks Sporting Goods market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Dicks Sporting Goods is priced favorably, providing market reflects its regular price of 201.63 per share. Given that Dicks Sporting has information ratio of (0.16), we urge you to verify Dicks Sporting Goods's prevailing market performance to make sure the company can sustain itself at a future point.Dicks Sporting's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dicks Sporting insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dicks Sporting's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dicks Sporting insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Emanuel Chirico over three months ago Acquisition by Emanuel Chirico of 1334 shares of Dicks Sporting subject to Rule 16b-3 | ||
Edward Stack over three months ago Disposition of 23000 shares by Edward Stack of Dicks Sporting subject to Rule 16b-3 | ||
Elizabeth Baran over six months ago Disposition of 2675 shares by Elizabeth Baran of Dicks Sporting at 11.31 subject to Rule 16b-3 | ||
William Colombo Trustee Ua Dtd 10052020 Edward W Stack Nongrantor Trust over a year ago Dicks Sporting exotic insider transaction detected |
Dicks Sporting's Outstanding Corporate Bonds
Dicks Sporting issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dicks Sporting Goods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dicks bonds can be classified according to their maturity, which is the date when Dicks Sporting Goods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Dicks Sporting's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Dicks Sporting's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (928.08) | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.31 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.49 | |||
| Skewness | (0.04) | |||
| Kurtosis | 0.4428 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (928.08) | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.31 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.49 | |||
| Skewness | (0.04) | |||
| Kurtosis | 0.4428 |
Consider Dicks Sporting's intraday indicators
Dicks Sporting intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dicks Sporting stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Dicks Sporting Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 7th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 4th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 30th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Dicks Stock media impact
Far too much social signal, news, headlines, and media speculation about Dicks Sporting that are available to investors today. That information is available publicly through Dicks media outlets and privately through word of mouth or via Dicks internal channels. However, regardless of the origin, that massive amount of Dicks data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Dicks Sporting news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Dicks Sporting relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Dicks Sporting's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Dicks Sporting alpha.
Dicks Sporting Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Dicks Sporting can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Dicks Sporting Goods Historical Investor Sentiment
Investor biases related to Dicks Sporting's public news can be used to forecast risks associated with an investment in Dicks. The trend in average sentiment can be used to explain how an investor holding Dicks can time the market purely based on public headlines and social activities around Dicks Sporting Goods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dicks Sporting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dicks Sporting and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Dicks Sporting news discussions. The higher the estimate score, the more favorable the investor's outlook on Dicks Sporting.
Dicks Sporting Maximum Pain Price across 2024-11-22 Option Contracts
Dicks Sporting's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Dicks Sporting close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Dicks Sporting's options.
Dicks Sporting Corporate Directors
| Larry Stone | Independent Director | Profile | |
| Sandeep Mathrani | Independent Director | Profile | |
| Emanuel Chirico | Independent Director | Profile | |
| Desiree RallsMorrison | Independent Director | Profile |
Additional Tools for Dicks Stock Analysis
When running Dicks Sporting's price analysis, check to measure Dicks Sporting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.