Is Dicks Sporting Stock a Good Investment?
Dicks Sporting Investment Advice | DKS |
- 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.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 99.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 12.18. 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.
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 Goods has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 12th of April 2024 Dicks Sporting paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: SweetSpot Expands Product Lineup into DICKS Sporting Goods |
Dicks Sporting Quarterly Accounts Payable |
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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.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Dicks Sporting's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Dicks Sporting's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-11-18 | 2004-10-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2003-11-18 | 2003-10-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2008-11-20 | 2008-10-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2006-05-16 | 2006-04-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2005-05-17 | 2005-04-30 | 0.1 | 0.12 | 0.02 | 20 | ||
2004-05-18 | 2004-04-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2017-11-14 | 2017-10-31 | 0.26 | 0.3 | 0.04 | 15 | ||
2009-05-19 | 2009-04-30 | 0.07 | 0.11 | 0.04 | 57 |
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.
| 29 | 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 ValuationDicks Sporting Target Price Projection
Dicks Sporting's current and average target prices are 207.12 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 27th of April 2024
Target Price
Analyst Consensus On Dicks Sporting Target Price
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.Know Dicks Sporting's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Dicks Sporting is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dicks Sporting Goods backward and forwards among themselves. Dicks Sporting's institutional investor refers to the entity that pools money to purchase Dicks Sporting's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 807.2 K | Alliancebernstein L.p. | 2023-12-31 | 805.7 K | Bank Of New York Mellon Corp | 2023-12-31 | 804.4 K | Norges Bank | 2023-12-31 | 741.1 K | Tensile Capital Management Llc | 2023-09-30 | 715.6 K | Renaissance Technologies Corp | 2023-12-31 | 691.7 K | Hs Management Partners, Llc | 2024-03-31 | 553.7 K | Northern Trust Corp | 2023-12-31 | 549 K | Gilder Gagnon Howe & Co Llc | 2023-12-31 | 539.5 K | Fmr Inc | 2023-12-31 | 8.7 M | Blackrock Inc | 2023-12-31 | 6.3 M |
Dicks Sporting's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 16.94 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.Market Cap |
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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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.19 | 0.24 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.40 | 0.19 |
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 efficiency
Dicks Sporting Goods has Return on Asset of 0.0934 % which means that on every $100 spent on assets, it made $0.0934 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4071 %, implying that it generated $0.4071 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. At this time, Dicks Sporting's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.24 in 2024, whereas Return On Assets are likely to drop 0.10 in 2024. At this time, Dicks Sporting's Asset Turnover is comparatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.80 | 15.37 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 28.13 | 12.76 | |
| Enterprise Value Over EBITDA | 8.64 | 8.05 | |
| Price Book Value Ratio | 4.90 | 3.36 | |
| Enterprise Value Multiple | 8.64 | 8.05 | |
| Price Fair Value | 4.90 | 3.36 | |
| Enterprise Value | 3.4 B | 3 B |
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.
Dividend Yield 0.0213 | Forward Dividend Yield 0.0213 | Forward Dividend Rate 4.4 | Beta 1.615 |
Basic technical analysis of Dicks Stock
As of the 27th of April, Dicks Sporting shows the Semi Deviation of 0.8946, downside deviation of 1.29, and Mean Deviation of 1.39. 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 nineteen technical drivers for Dicks Sporting Goods, which can be compared to its peers. Please confirm Dicks Sporting Goods standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Dicks Sporting Goods is priced favorably, providing market reflects its regular price of 207.12 per share. Given that Dicks Sporting has jensen alpha of 0.5211, 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.
Elizabeth Baran over a month ago Disposition of 2675 shares by Elizabeth Baran of Dicks Sporting at 11.31 subject to Rule 16b-3 | ||
William Colombo Trustee Ua Dtd 10052020 Edward W Stack Nongrantor Trust over six months ago Dicks Sporting exotic insider transaction detected |
Dicks Sporting's Outstanding Corporate Bonds
Dicks Sporting issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dicks Sporting Goods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dicks bonds can be classified according to their maturity, which is the date when Dicks Sporting Goods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| DKS 41 15 JAN 52 Corp BondUS253393AG77 | View | |
| DKS 315 15 JAN 32 Corp BondUS253393AF94 | View |
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.
| Risk Adjusted Performance | 0.1394 | |||
| Market Risk Adjusted Performance | (1.22) | |||
| Mean Deviation | 1.39 | |||
| Semi Deviation | 0.8946 | |||
| Downside Deviation | 1.29 | |||
| Coefficient Of Variation | 472.33 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.57 | |||
| Information Ratio | 0.1739 | |||
| Jensen Alpha | 0.5211 | |||
| Total Risk Alpha | 0.19 | |||
| Sortino Ratio | 0.3192 | |||
| Treynor Ratio | (1.23) | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.63 | |||
| Downside Variance | 1.65 | |||
| Semi Variance | 0.8004 | |||
| Expected Short fall | (1.77) | |||
| Skewness | 3.95 | |||
| Kurtosis | 24.66 |
| Risk Adjusted Performance | 0.1394 | |||
| Market Risk Adjusted Performance | (1.22) | |||
| Mean Deviation | 1.39 | |||
| Semi Deviation | 0.8946 | |||
| Downside Deviation | 1.29 | |||
| Coefficient Of Variation | 472.33 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.57 | |||
| Information Ratio | 0.1739 | |||
| Jensen Alpha | 0.5211 | |||
| Total Risk Alpha | 0.19 | |||
| Sortino Ratio | 0.3192 | |||
| Treynor Ratio | (1.23) | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.63 | |||
| Downside Variance | 1.65 | |||
| Semi Variance | 0.8004 | |||
| Expected Short fall | (1.77) | |||
| Skewness | 3.95 | |||
| Kurtosis | 24.66 |
Consider Dicks Sporting's intraday indicators
Dicks Sporting intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dicks Sporting stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 10631.2 | |||
| Daily Balance Of Power | 0.7844 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 205.86 | |||
| Day Typical Price | 206.28 | |||
| Price Action Indicator | 2.72 | |||
| Period Momentum Indicator | 2.91 |
Dicks Sporting Corporate Filings
F4 | 5th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 28th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F3 | 19th of March 2024 An amendment to the original Schedule 13D filing | ViewVerify |
8K | 14th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dicks Sporting without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Dicks Sporting Corporate Directors
Dicks Sporting corporate directors refer to members of a Dicks Sporting board of directors. The board of directors generally takes responsibility for the Dicks Sporting's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dicks Sporting's board members must vote for the resolution. The Dicks Sporting board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Larry Stone | Independent Director | Profile | |
| Sandeep Mathrani | Independent Director | Profile | |
| Emanuel Chirico | Independent Director | Profile | |
| Desiree RallsMorrison | Independent Director | Profile |
How to buy Dicks Stock?
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.
Already Invested in Dicks Sporting Goods?
The danger of trading Dicks Sporting Goods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dicks Sporting is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dicks Sporting. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dicks Sporting Goods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 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 industry. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 12.18 | 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.
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.