Dicks Sporting Stock Target Price and Analyst Consensus

DKS Stock  USD 222.59  5.15  2.37%   
The current analyst and expert consensus on Dicks Sporting is Buy with 13 hold recommendations. The current projected Dicks Sporting target price consensus is 133.5 with 27 analyst opinions. One of the most common ways Dicks Sporting Goods analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Dicks Sporting vendors, executives, and/or customers. Dicks Sporting recommendation module provides expert sentiment on the projected Dicks Sporting Goods target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Dicks Sporting to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
121.49
Highest Forecast
148.19
Target Price
133.5
At this time, Dicks Sporting's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.11 in 2024, whereas Operating Profit Margin is likely to drop 0.05 in 2024. At this time, Dicks Sporting's Total Current Assets are comparatively stable compared to the past year. Other Current Liabilities is likely to gain to about 962.1 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 113.8 M in 2024.
  
It's important to approach Dicks Sporting's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Dicks Sporting Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. 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.
   27  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   Valuation

Dicks Sporting Target Price Projection

Dicks Sporting's current and average target prices are 222.59 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 28th of March 2024

Low Price220.27Odds
High Price223.48Odds

222.59

Target Price

Analyst Consensus On Dicks Sporting Target Price

Low Estimate121.49Odds
High Estimate148.19Odds

133.5

Historical Lowest Forecast  121.49 Target Price  133.5 Highest Forecast  148.19
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Dicks Sporting Goods and the information provided on this page.

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.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Dicks Sporting price targets

Dicks Sporting's stock target price is an estimate of its future price, usually made by analysts. Using Dicks Sporting's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Dicks Sporting's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Dicks Sporting's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Dicks Sporting Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Dicks Sporting is a key component of Dicks Sporting valuation and have some predictive power on the future returns of a Dicks Sporting.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dicks Sporting's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
222.36224.79227.22
Details
Intrinsic
Valuation
LowRealHigh
183.88186.31244.85
Details
Naive
Forecast
LowNextHigh
222.47224.90227.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.763.033.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dicks Sporting. Your research has to be compared to or analyzed against Dicks Sporting's peers to derive any actionable benefits. When done correctly, Dicks Sporting's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dicks Sporting Goods.

Trending Themes

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When determining whether Dicks Sporting Goods is a strong investment it is important to analyze Dicks Sporting's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dicks Sporting's future performance. For an informed investment choice regarding Dicks Stock, refer to the following important reports:
Check out Macroaxis Advice on Dicks Sporting to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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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The data published in Dicks Sporting's official financial statements usually reflect Dicks Sporting's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dicks Sporting Goods. For example, before you start analyzing numbers published by Dicks accountants, it's critical to develop an understanding of what Dicks Sporting's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Dicks Sporting's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dicks Sporting's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of Dicks Sporting's management manipulating its earnings.