With 2.05 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.74 million shares. The 52-week range on DKS shows that it touched its highest point at $254.60 and its lowest point at $166.37 during that stretch. It currently has a 1-year price target of $223.00. With its current market cap of 13.80 billion, DKS has annualized dividend of $4.51 while the current yield stands at 2.62%. Beta for the stock currently stands at 1.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DKS was down-trending over the past week, with a drop of -3.71%, but this was down by -6.48% over a month. Three-month performance dropped to -23.25% while six-month performance fell -14.01%. The stock lost -11.01% in the past year, while it has lost -24.66% so far this year. A look at the trailing 12-month EPS for DKS yields 14.05 with Next year EPS estimates of 15.14. For the next quarter, that number is 4.32. This implies an EPS growth rate of 0.88% for this year and 6.82% for next year. EPS is expected to grow by 4.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.29%.
Float and Shares Shorts:
At present, 56.66 million DKS shares are outstanding with a float of 54.32 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DKS since 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $12.56694 being high and $12.33627 being low. For DKS, this leads to a yearly average estimate of $12.44659. Based on analyst estimates, the high estimate for the next quarter is $3.0 and the low estimate is $2.63. The average estimate for the next quarter is thus $2.87.
