Dicks Sporting Goods Stock Price Prediction

DKS Stock  USD 201.00  2.13  1.05%   
The value of RSI of Dicks Sporting's share price is above 70 at this time suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Dicks, making its price go up or down.

Oversold Vs Overbought

74

 
Oversold
 
Overbought
Dicks Sporting Goods stock price prediction is an act of determining the future value of Dicks Sporting shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Dicks Sporting's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Dicks Sporting and does not consider all of the tangible or intangible factors available from Dicks Sporting's fundamental data. We analyze noise-free headlines and recent hype associated with Dicks Sporting Goods, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Dicks Sporting's stock price prediction:
Quarterly Earnings Growth
0.37
EPS Estimate Current Year
12.42
EPS Estimate Next Year
12.9
Wall Street Target Price
227.9
EPS Estimate Current Quarter
3.35
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Dicks Sporting based on different types of headlines from major news networks to social media. The Dicks stock price prediction module provides an analysis of price elasticity to changes in media outlook on Dicks Sporting over a specific investment horizon. Using Dicks Sporting hype-based prediction, you can estimate the value of Dicks Sporting Goods from the perspective of Dicks Sporting response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Dicks Sporting using Dicks Sporting's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Dicks using crowd psychology based on the activity and movement of Dicks Sporting's stock price.

Dicks Sporting Short Interest

A significant increase or decrease in Dicks Sporting's short interest from the previous month could be a good indicator of investor sentiment towards Dicks. Short interest can provide insight into the potential direction of Dicks Sporting stock and how bullish or bearish investors feel about the market overall. An investor who is long Dicks Sporting may also wish to track short interest. As short interest increases, investors should be becoming more worried about Dicks Sporting and may potentially protect profits, hedge Dicks Sporting with its derivative instruments, or be ready for some potential downside.
200 Day MA
142.7389
Short Percent
0.127
Short Ratio
3.55
Shares Short Prior Month
6.1 M
50 Day MA
189.3148

Dicks Sporting Goods Hype to Price Pattern

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.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Dicks Sporting's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Dicks Sporting.

Dicks Sporting Implied Volatility

    
  32.11  
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.
This module is based on analyzing investor sentiment around taking a position in Dicks Sporting. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Dicks Sporting to buy its stock at a price that has no basis in reality. In that case, they are not buying Dicks because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Dicks Sporting after-hype prediction price

    
  USD 202.86  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Dicks contract

Based on the Rule 16, the options market is currently suggesting that Dicks Sporting Goods will have an average daily up or down price movement of about 2.01% per day over the life of the 2024-04-19 option contract. With Dicks Sporting trading at USD 201.0, that is roughly USD 4.03 . If you think that the market is fully incorporating Dicks Sporting's daily price movement you should consider acquiring Dicks Sporting Goods options at the current volatility level of 32.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Dicks Sporting Basic Forecasting Models to cross-verify your projections.
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.
Intrinsic
Valuation
LowRealHigh
178.53180.92223.44
Details
Naive
Forecast
LowNextHigh
186.66189.05191.44
Details
29 Analysts
Consensus
LowTargetHigh
121.49133.50148.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.753.033.36
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.

Dicks Sporting After-Hype Price Prediction Density Analysis

As far as predicting the price of Dicks Sporting at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dicks Sporting or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Dicks Sporting, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Dicks Sporting Estimiated After-Hype Price Volatility

In the context of predicting Dicks Sporting's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dicks Sporting's historical news coverage. Dicks Sporting's after-hype downside and upside margins for the prediction period are 200.47 and 205.25, respectively. We have considered Dicks Sporting's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
201.00
200.47
Downside
202.86
After-hype Price
205.25
Upside
Dicks Sporting is very steady at this time. Analysis and calculation of next after-hype price of Dicks Sporting Goods is based on 3 months time horizon.

Dicks Sporting Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Dicks Sporting is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dicks Sporting backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dicks Sporting, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.58 
2.40
  0.26 
  6.19 
7 Events / Month
3 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
201.00
202.86
0.13 
533.33  
Notes

Dicks Sporting Hype Timeline

On the 15th of April 2024 Dicks Sporting Goods is traded for 201.00. The entity has historical hype elasticity of -0.26, and average elasticity to hype of competition of -6.19. Dicks is forecasted to decline in value after the next headline, with the price expected to drop to 202.86. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.13%, whereas the daily expected return is currently at 0.58%. The volatility of related hype on Dicks Sporting is about 22.48%, with the expected price after the next announcement by competition of 194.81. About 100.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 12.19. Dicks Sporting Goods last dividend was issued on the 27th of March 2024. The entity had 2:1 split on the 22nd of October 2007. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Check out Dicks Sporting Basic Forecasting Models to cross-verify your projections.

Dicks Sporting Related Hype Analysis

Having access to credible news sources related to Dicks Sporting's direct competition is more important than ever and may enhance your ability to predict Dicks Sporting's future price movements. Getting to know how Dicks Sporting's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dicks Sporting may potentially react to the hype associated with one of its peers.

Dicks Sporting Additional Predictive Modules

Most predictive techniques to examine Dicks price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dicks using various technical indicators. When you analyze Dicks charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Dicks Sporting Predictive Indicators

The successful prediction of Dicks Sporting stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Dicks Sporting Goods, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Dicks Sporting based on analysis of Dicks Sporting hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dicks Sporting's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dicks Sporting's related companies.
 2014 2020 2024 (projected)
Dividend Yield0.02540.02740.009947
Price To Sales Ratio0.440.990.9

Story Coverage note for Dicks Sporting

The number of cover stories for Dicks Sporting depends on current market conditions and Dicks Sporting's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dicks Sporting is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dicks Sporting's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Dicks Sporting Short Properties

Dicks Sporting's future price predictability will typically decrease when Dicks Sporting's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Dicks Sporting Goods often depends not only on the future outlook of the potential Dicks Sporting's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Dicks Sporting's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding85.9 M
Cash And Short Term Investments1.8 B
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 Dicks Sporting Basic Forecasting Models to cross-verify your projections.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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
0.37
Dividend Share
4
Earnings Share
12.19
Revenue Per Share
157.765
Quarterly Revenue Growth
0.078
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.