To provide specific investment advice or recommendations on Dicks Sporting Goods stock, we recommend investors consider the following general factors when evaluating Dicks Sporting Goods. This will help you to make an informed decision on whether to include Dicks Sporting in one of your diversified portfolios:
- 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.
Macroaxis provides advice on Dicks Sporting Goods to complement and cross-verify current analyst consensus on Dicks Sporting Goods. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Dicks Sporting is not overpriced, please confirm all Dicks Sporting Goods fundamentals, including its shares owned by insiders, cash and equivalents, target price, as well as the relationship between the price to sales and book value per share . Given that Dicks Sporting Goods has a price to book of 4.11 X, we urge you to verify Dicks Sporting Goods market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
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 98.0% of the company shares are held by institutions such as insurance companies. The book value of Dicks Sporting was currently reported as 31.57. The company recorded earning per share (EPS) of 11.31. Dicks Sporting Goods last dividend was issued on the 14th of September 2023. The entity 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 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.
Dicks Sporting's SEC filings
Before you invest in Dicks Sporting, make sure you check Dicks Sporting'srecent SEC filings. These artifacts are important regulatory documents required of all public companies to provide to potential investors. Dicks Sporting prospectus issued under the guidelines of the SEC is a legal declaration of facts and statements to ensure that Dicks Sporting investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Dicks Sporting's specific information freely available to individual and institutional investors to make a timely investment decision.
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.
Dicks Sporting Target Price ProjectionDicks Sporting's current and average target prices are 106.24 and 135.39, 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.
Dicks Sporting Market Quote on 27th of September 2023
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.
Analyst Consensus On Dicks Sporting Target Price
Dicks Sporting Analyst RatingsDicks 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.
Dicks Sporting's market capitalization trendsThe company currently falls under 'Mid-Cap' category with a total capitalization of 9.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dicks Sporting's market, we take the total number of its shares issued and multiply it by Dicks Sporting's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Dicks Sporting's profitablity analysis
Dicks Sporting's profitability indicators refer to fundamental financial ratios that showcase Dicks Sporting's ability to generate income relative to its revenue or operating costs. If, let's say, Dicks Sporting is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dicks Sporting's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dicks Sporting's profitability requires more research than a typical breakdown of Dicks Sporting's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.
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.
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.
Evaluate Dicks Sporting's management efficiencyDicks Sporting Goods has Return on Asset of 0.0884 % which means that on every $100 spent on assets, it made $0.0884 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4205 %, implying that it generated $0.4205 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 Invested Capital is likely to gain to 0.25 in 2023, whereas Return on Investment is likely to drop 35.50 in 2023. Dicks Sporting Goodwill and Intangible Assets are comparatively stable at the moment as compared to the past year. Dicks Sporting reported Goodwill and Intangible Assets of 306.22 Million in 2022. Revenue to Assets is likely to gain to 1.77 in 2023, whereas Current Assets are likely to drop slightly above 3.6 B in 2023.
The analysis of Dicks Sporting's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Dicks Sporting's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Dicks Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
Short Long Term Debt Total
Forward Dividend Rate
Total Operating Expenses
Basic technical analysis of Dicks StockAs of the 27th of September, Dicks Sporting shows the Coefficient Of Variation of (1,249), mean deviation of 1.63, and Standard Deviation of 3.46. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Dicks Sporting Goods, which can be compared to its rivals. 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 106.24 per share. Given that Dicks Sporting has information ratio of (0.08), 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.
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.Dicks Sporting time-series forecasting models is one of many Dicks Sporting's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dicks Sporting's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
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 2023-09-29 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 Implied Volatility
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 SportingOne 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. 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.
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
Revenue Per Share
Quarterly Revenue Growth
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.
In summary, please note that there is a difference between Dicks Sporting's value and its price, as these two are different measures arrived at by various 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.