Dicks Price to Earnings Ratio from 2010 to 2023
| DKS Stock | USD 138.09 0.64 0.47% |
Check Dicks Sporting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dicks main balance sheet or income statement drivers, such as Direct Expenses of 6.7 B, Consolidated Income of 730.2 M or Cost of Revenue of 6.7 B, as well as many exotic indicators such as Interest Coverage of 98.79, Long Term Debt to Equity of 0.32 or Calculated Tax Rate of 33.01. Dicks financial statements analysis is a perfect complement when working with Dicks Sporting Valuation or Volatility modules.
Dicks |
Dicks Price to Earnings Ratio Breakdown
Showing smoothed Price to Earnings Ratio of Dicks Sporting Goods with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and [EPSUSD]. Dicks Sporting's Price to Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dicks Sporting's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 10.41 X | 10 Years Trend |
|
Price to Earnings Ratio |
| Timeline |
Dicks Price to Earnings Ratio Regression Statistics
| Arithmetic Mean | 14.07 | |
| Geometric Mean | 13.63 | |
| Coefficient Of Variation | 25.94 | |
| Mean Deviation | 2.91 | |
| Median | 13.01 | |
| Standard Deviation | 3.65 | |
| Sample Variance | 13.32 | |
| Range | 9.69 | |
| R-Value | (0.81) | |
| Mean Square Error | 4.86 | |
| R-Squared | 0.66 | |
| Significance | 0.0004 | |
| Slope | (0.71) | |
| Total Sum of Squares | 173.13 |
Dicks Price to Earnings Ratio History
About Dicks Sporting Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dicks Sporting income statement, its balance sheet, and the statement of cash flows. Dicks Sporting investors use historical funamental indicators, such as Dicks Sporting's Price to Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Dicks Sporting investors may use each financial statement separately, they are all related. The changes in Dicks Sporting's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dicks Sporting's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dicks Sporting Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dicks Sporting. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for 2023 | ||
| Price to Earnings Ratio | 9.40 | 14.35 | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 1.8 B | 1.4 B | |
| Earnings before Tax | 1.4 B | 1 B |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dicks Sporting without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Pair Trading with Dicks Sporting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dicks Sporting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.Moving together with Dicks Stock
| + | 0.73 | M | Macys Inc | Aggressive Push | PairCorr |
Moving against Dicks Stock
| - | 0.57 | FNKO | Funko Inc | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.53 | BQ | Boqii Holding Limited | PairCorr | ||
| - | 0.43 | BGI | Birks Group | PairCorr |
The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dicks Sporting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dicks Sporting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Dicks Sporting Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary 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.
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Is Dicks Sporting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dicks Sporting. If investors know Dicks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dicks Sporting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dicks Sporting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.