Dicks Sporting Goods Stock Current Valuation
DKS Stock | USD 222.59 5.15 2.37% |
Valuation analysis of Dicks Sporting Goods helps investors to measure Dicks Sporting's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Multiple is likely to drop to 5.54 in 2024. Fundamental drivers impacting Dicks Sporting's valuation include:
Price Book 7.4912 | Enterprise Value 20.7 B | Enterprise Value Ebitda 12.2339 | Price Sales 1.3758 | Forward PE 16.5837 |
Overvalued
Today
Please note that Dicks Sporting's price fluctuation is very steady at this time. Calculation of the real value of Dicks Sporting Goods is based on 3 months time horizon. Increasing Dicks Sporting's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Dicks Sporting Goods is useful when determining the fair value of the Dicks stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Dicks Sporting. Since Dicks Sporting is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dicks Stock. However, Dicks Sporting's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 222.59 | Real 186.31 | Target 133.5 | Hype 224.79 | Naive 224.9 |
The real value of Dicks Stock, also known as its intrinsic value, is the underlying worth of Dicks Sporting Goods Company, which is reflected in its stock price. It is based on Dicks Sporting's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Dicks Sporting's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Dicks Sporting's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Dicks Sporting Goods helps investors to forecast how Dicks stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Dicks Sporting more accurately as focusing exclusively on Dicks Sporting's fundamentals will not take into account other important factors: Dicks Current Valuation Analysis
Dicks Sporting's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
More About Current Valuation | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Depreciation | 322.6M | 365.5M | 393.9M | 413.6M | Free Cash Flow | 1.3B | 557.8M | 1.1B | 1.1B |
Enterprise Value | = | Market Cap + Debt | - | Cash |
Current Dicks Sporting Current Valuation | 20.69 B |
Most of Dicks Sporting's fundamental indicators, such as Current Valuation, 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 Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Dicks Sporting is extremely important. It helps to project a fair market value of Dicks Stock properly, considering its historical fundamentals such as Current Valuation. Since Dicks Sporting's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dicks Sporting's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dicks Sporting's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Dicks Sporting Goods has a Current Valuation of 20.69 B. This is 14.31% higher than that of the Specialty Retail sector and 51.77% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 24.46% lower than that of the firm.
Dicks Current Valuation 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 Current Valuation 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 current valuation 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 | 0.41 | ||||
Return On Asset | 0.0934 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.10 % | ||||
Current Valuation | 20.69 B | ||||
Shares Outstanding | 58.17 M | ||||
Shares Owned By Insiders | 4.11 % | ||||
Shares Owned By Institutions | 95.87 % | ||||
Number Of Shares Shorted | 6.1 M | ||||
Price To Earning | 10.41 X | ||||
Price To Book | 7.49 X | ||||
Price To Sales | 1.38 X | ||||
Revenue | 12.98 B | ||||
Gross Profit | 4.28 B | ||||
EBITDA | 1.72 B | ||||
Net Income | 1.05 B | ||||
Cash And Equivalents | 1.92 B | ||||
Cash Per Share | 17.24 X | ||||
Total Debt | 4.26 B | ||||
Debt To Equity | 1.74 % | ||||
Current Ratio | 1.80 X | ||||
Book Value Per Share | 32.56 X | ||||
Cash Flow From Operations | 1.65 B | ||||
Short Ratio | 7.14 X | ||||
Earnings Per Share | 11.23 X | ||||
Price To Earnings To Growth | 3.77 X | ||||
Target Price | 225.9 | ||||
Beta | 1.57 | ||||
Market Capitalization | 17.86 B | ||||
Total Asset | 9.31 B | ||||
Retained Earnings | 5.59 B | ||||
Working Capital | 2.32 B | ||||
Current Asset | 1.81 B | ||||
Current Liabilities | 1.19 B | ||||
Z Score | 5.66 | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 2.20 % | ||||
Net Asset | 9.31 B | ||||
Last Dividend Paid | 4.0 |
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.DICKS Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. DICKS Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania. Dicks Sporting operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 17800 people.
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 | 39.21 |
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
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Moving against Dicks Stock
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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 instruments. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 0.371 | Dividend Share 4 | Earnings Share 11.23 | 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.