DKS stock: buy or sell?
May 21st, 2019
Dick's Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.
Should I buy DKS stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Dick's Sporting Goods stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Dick's Sporting Goods stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 3 ratings published for DKS stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-13||Telsey Advisory Group||Outperform||Outperform|
|2019-3-13||Telsey Advisory Group||n/a||Outperform|
DKS stock analysis
Shares of Dick's Sporting Goods rose a very good 2.79% and closed at $37.61.
Dick's Sporting Goods shares rose 2.79% to $37.61 today. Since last March when DKS stock price broke up the SMA200d line, it gained $3.07 (8.89%). On March, SMA100d and SMA200d crossed up triggering a rise of 8.67%.
Dick's Sporting Goods shares escalated 3.15% this week, ending at $37.61. Early April DKS rocketed an exceptional 8.39% in just one week. Late April DKS collapsed a terrible -5.05% in just one week.
DKS shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $35.13 last week. Previous top ($41.21) will play as a resistance in possible new gains. Late March DKS price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since mid March when SMA20w and SMA40w crossed up, DKS price gained $0.05 per share (0.13%).
DKS stock price history
DKS stock went public on October 16th, 2002 with a price of $2.701. Since then, DKS stock surged a 1,293.00%, with a yearly average of 80.80%. If you had invested $1,000 in DKS stock in 2002, it would worth $12,930.00 today.
1: Adjusted price after possible price splits or reverse-splits.
DKS stock historical price chart
DKS stock reached 52-week highs on April 12th at $41.21, and all-time highs 2016-12-08 with a price of 59.19.
DKS stock price target is $40.70Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 3 price forecasts for Dick's Sporting Goods stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-13||Telsey Advisory Group||Reiterates||$44.00||$41.00||-6.8%|
|2019-3-13||Telsey Advisory Group||Lowers Target||$44.00||$41.00||-6.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last March, when Dick's Sporting Goods posted its last earnings report, it depreciated a lame -2.54%. As soon as we get its actual EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2019, Dick's Sporting Goods annual revenues slightly fell an ugly -1.79% to $8,436.57 million USD from $8,590.47 marked in 2018. When comparing 2019 vs 2018, however, profit margin (that is, the net income divided by revenues) remained stable a 0.03% to 3.79%.
|2014||$6,210 M||-||$338 M5.4%||-|
|2014||$6,810 M||9.66%||$344 M5.1%||1.95%|
|2015||$6,814 M||0.07%||$344 M5.1%||0.00%|
|2015||$7,270 M||6.68%||$330 M4.5%||-4.01%|
|2016||$7,271 M||0.01%||$330 M4.5%||0.00%|
|2016||$7,920 M||8.93%||$287 M3.6%||-13.01%|
|2017||$7,922 M||0.02%||$287 M3.6%||0.00%|
|2017||$8,590 M||8.43%||$323 M3.8%||12.55%|
|2018||$8,590 M||0.01%||$323 M3.8%||0.00%|
|2019||$8,437 M||-1.79%||$320 M3.8%||-1.11%|
Quarterly financial resultsDick's Sporting Goods reported $2,492.09 M in sales for 2019-Q1, a 34.18% up compared to previous quarter. Reported quarter earnings marked $102.56 M with a profit margin of 4.12%. Profit margin raised a 2.08% compared to previous quarter when profit margin was 2.04%. When comparing sales to same quarter last year, Dick's Sporting Goods sales marked a tragic correction and fell a -6.46%.
|2017-Q2||$1,830 M||-||$58 M3.2%||-|
|2017-Q3||$2,160 M||18.03%||$112 M5.2%||93.11%|
|2017-Q4||$1,944 M||-9.99%||$37 M1.9%||-67.16%|
|2018-Q1||$2,664 M||37.03%||$116 M4.4%||214.12%|
|2018-Q2||$1,910 M||-28.32%||$60 M3.1%||-48.18%|
|2018-Q3||$2,177 M||14.02%||$119 M5.5%||98.71%|
|2018-Q4||$1,857 M||-14.71%||$38 M2.0%||-68.32%|
|2019-Q1||$2,492 M||34.18%||$103 M4.1%||171.12%|
Dick's Sporting Goods ownershipWhen you are planning to buy a stock, it's worth to overview its ownership structure.
Dick's Sporting Goods shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.87% of all shares.
Bearish positions for DKS stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$2.7 B||$56.2 M||$368.5 M||$174.5 M|
|Total shares||70.5 M||21.1 M||18.4 M||43.0 M|
|Float shares||68.8 M||19.5 M||16.0 M||38.7 M|
|- Institutional holdings (%)||115.3%||60.7%||136.8%||91.8%|
|- Insider holdings (%)||3.9%||7.5%||1.2%||2.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$36.40 - $38.02|
|Average true range||$0.95|
|50d mov avg||$37.18|
|100d mov avg||$36.19|
|200d mov avg||$35.65|
Dick's Sporting Goods performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Dick's Sporting Goods to Big 5 Sporting Goods, Hibbett Sports and Sportsman's Warehouse:
|BGFVBig 5 Sporting Go...||-31.62%||-23.78%||-65.98%|