Dicks Sporting Goods, Inc. (NYSE: DKS) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 2.22%

Dicks Sporting Goods, Inc. (NYSE:DKS) does about 1.20M shares in volume on a normal day but saw 858723 shares change hands in Tuesday’s trading. The company now has a market cap of 16.40B USD. Its current market price is $200.49, marking an increase of 3.18% compared to the previous close of $194.31. The 52 week high reached by this stock is $225.79 whilst the lowest price level in 52 weeks is $100.98.

Dicks Sporting Goods, Inc. (DKS) has a 20-day trading average at $200.44 and the current price is -11.21% off the 52-week high compared with 98.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $203.76 and its 200-day simple moving average is $150.08. If we look at the stock’s price movements over the week, volatility stands at 2.71%, which decreases to 2.22% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 49.58 to suggest the stock is neutral.

The consensus objective for the share price is $227.17, suggesting that the stock has a potential upside of 11.74% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 12, 2024 when Jefferies initiated the stock to “Hold” and issued a price target of $211. Telsey Advisory Group reiterated its price target at $160-$195.

Dicks Sporting Goods, Inc. (DKS) stock is down -1.08% over the week and 0.99% over the past month. Its price is 36.43% year-to-date and 43.21% over the past year.

To reach the target analysts have set, the stock logically needs to grow 11.74 percent from here.

The company has a return on investment of 16.38% and return on equity of 40.71%. The price to earnings ratio (P/E ratio) amounts to 16.48 while the forward price to earnings ratio is 13.92. The beta has a value of 1.61. Price to book ratio is 6.16 and price to sales ratio is 1.26.