Dicks Fundamentals
| DKS Stock | USD 106.30 2.28 2.10% |
Dicks Sporting Goods fundamentals help investors to digest information that contributes to Dicks Sporting's financial success or failures. It also enables traders to predict the movement of Dicks Stock. The fundamental analysis module provides a way to measure Dicks Sporting's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dicks Sporting stock.
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Dicks Cash per Share Analysis
Dicks Sporting's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Dicks Sporting Cash per Share | 17.24 X |
Most of Dicks Sporting's fundamental indicators, such as Cash per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dicks Sporting Goods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dicks Cash per Share Historical Pattern
Today, most investors in Dicks Sporting Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dicks Sporting's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dicks Sporting cash per share as a starting point in their analysis.
Dicks Sporting Cash per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Dicks Shareholders Equity Attributable to Parent
Shareholders Equity Attributable to Parent |
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In accordance with the recently published financial statements, Dicks Sporting Goods has a Cash per Share of 17.24 times. This is 354.88% higher than that of the Specialty Retail sector and 205.67% higher than that of the Consumer Discretionary industry. The cash per share for all United States stocks is notably lower than that of the firm.
Dicks Sporting Goods Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dicks Sporting's current stock value. Our valuation model uses many indicators to compare Dicks Sporting value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dicks Sporting competition to find correlations between indicators driving Dicks Sporting's intrinsic value. More Info.Dicks Sporting Goods is rated below average in shares outstanding category among related companies. It is rated below average in net income category among related companies making up about 16.97 of Net Income per Shares Outstanding. Dicks Sporting Net Income is comparatively stable at the moment as compared to the past year. Dicks Sporting reported Net Income of 1.04 Billion in 2022. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dicks Sporting by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dicks Sporting's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dicks Sporting's earnings, one of the primary drivers of an investment's value.Dicks Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dicks Sporting's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dicks Sporting could also be used in its relative valuation, which is a method of valuing Dicks Sporting by comparing valuation metrics of similar companies.Dicks Sporting is currently under evaluation in shares outstanding category among related companies.
Dicks Sporting ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dicks Sporting's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dicks Sporting's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Dicks Fundamentals
| Return On Equity | 0.42 | |||
| Return On Asset | 0.0884 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 11.59 B | |||
| Shares Outstanding | 61.45 M | |||
| Shares Owned by Insiders | 3.42 % | |||
| Shares Owned by Institutions | 97.56 % | |||
| Number of Shares Shorted | 5.45 M | |||
| Price to Earning | 10.41 X | |||
| Price to Book | 4.11 X | |||
| Price to Sales | 0.83 X | |||
| Revenue | 12.37 B | |||
| Gross Profit | 4.28 B | |||
| EBITDA | 1.84 B | |||
| Net Income | 1.04 B | |||
| Cash and Equivalents | 1.92 B | |||
| Cash per Share | 17.24 X | |||
| Total Debt | 4.21 B | |||
| Debt to Equity | 1.74 % | |||
| Current Ratio | 1.80 X | |||
| Book Value Per Share | 31.57 X | |||
| Cash Flow from Operations | 921.88 M | |||
| Short Ratio | 1.89 X | |||
| Earnings Per Share | 11.31 X | |||
| Price to Earnings To Growth | 58.87 X | |||
| Target Price | 133.45 | |||
| Number of Employees | 18.8 K | |||
| Beta | 1.48 | |||
| Market Capitalization | 9.23 B | |||
| Total Asset | 8.99 B | |||
| Retained Earnings | 4.88 B | |||
| Working Capital | 2.32 B | |||
| Current Asset | 1.81 B | |||
| Current Liabilities | 1.19 B | |||
| Z Score | 4.44 | |||
| Annual Yield | 0.0368 % | |||
| Five Year Return | 2.20 % | |||
| Net Asset | 8.99 B | |||
| Last Dividend Paid | 2.98 |
About Dicks Sporting Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dicks Sporting Goods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dicks Sporting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dicks Sporting Goods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for 2023 | ||
| Deferred Revenue | 350.4 M | 503.9 M | |
| Cost of Revenue | 8.1 B | 6.7 B | |
| Revenues | 12.4 B | 10.1 B | |
| Revenue to Assets | 1.38 | 1.77 | |
| Revenue Per Employee | 234.9 K | 219.3 K |
Dicks Sporting Investors Sentiment
The influence of Dicks Sporting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dicks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
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's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dicks Sporting's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dicks Sporting.
Dicks Sporting Implied Volatility | 35.19 |
Dicks Sporting's implied volatility exposes the market's sentiment of Dicks Sporting Goods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dicks Sporting's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dicks Sporting stock will not fluctuate a lot when Dicks Sporting's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dicks Sporting in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dicks Sporting's short interest history, or implied volatility extrapolated from Dicks Sporting options trading.
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
Moving against Dicks Stock
| - | 0.68 | DBI | Designer Brands | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| - | 0.54 | AZO | AutoZone | Fiscal Quarter End 30th of November 2023 | 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 Dicks Sporting Piotroski F Score and Dicks Sporting Altman Z Score analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Quarterly Earnings Growth (0.13) | Dividend Share 2.975 | Earnings Share 11.31 | Revenue Per Share 154.811 | Quarterly Revenue Growth 0.036 |
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.