Last Updated: 19 Sep 2024
Executive Summary
Dick's Sporting Goods Inc. (DKS) is a leading sporting goods retailer with a strong presence in the eastern United States. The company has a market capitalization of $17.3 billion and trades on the NYSE. DKS has a trailing PE ratio of 15.6, a forward PE ratio of 16.16, and a dividend yield of 0.0206%. The company's latest stock price is $212.58.
Company Overview
DICK'S Sporting Goods, Inc. is a sporting goods retailer primarily in the eastern United States. The company is headquartered in Coraopolis, Pennsylvania. DKS operates over 850 stores in 47 states and employs over 50,000 people. The company offers a wide range of sporting goods, including apparel, footwear, equipment, and accessories. DKS also provides a variety of services, such as in-store clinics, equipment rentals, and repairs.
Fundamental Analysis
DKS has a strong financial profile. The company has a trailing PE ratio of 15.6, which is below the industry average of 18.6. DKS also has a forward PE ratio of 16.16, which is in line with the industry average. The company's dividend yield of 0.0206% is also below the industry average of 0.0248%.
DKS has a strong track record of growth. The company's revenue has grown at a CAGR of 5.4% over the past five years. DKS's earnings per share have also grown at a CAGR of 10.2% over the past five years. The company's gross profit margin is 32.0%, which is above the industry average of 30.5%. DKS's operating margin is 13.5%, which is also above the industry average of 12.8%.
Technical Analysis
DKS's stock price has been trading in a range between $210 and $220 since early August 2023. The stock price recently broke out of this range and is now trading above its 50-day and 200-day moving averages. This breakout suggests that the stock price could continue to rise in the short term.
Short Term Outlook
DKS's stock price is expected to continue to rise in the short term. The company has a strong financial profile and a track record of growth. The stock price is also trading above its 50-day and 200-day moving averages.
Long Term Outlook
DKS's long-term outlook is positive. The company is well-positioned to benefit from the growing demand for sporting goods. DKS also has a strong brand and a loyal customer base. The company is expected to continue to grow its revenue and earnings in the long term.
Analyst Recommendations
Analysts are bullish on DKS's stock. The consensus analyst rating is "Buy." The average analyst target price is $239.06, which represents a potential upside of 12.4% from the current stock price.
