Taking a Look at the Data Behind Dick’s Sporting Goods, Inc. (DKS)

Dick’s Sporting Goods, Inc. (DKS) is an interesting player in the Services space, with a focus on Sporting Goods Stores. The stock has been active on the tape, currently trading at $26.54, down from yesterday’s close by -0.97%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

This company has been competing with others in the Services space and offers its own combination of interesting factors Dick’s Sporting Goods, Inc. (DKS) currently trades with a market capitalization of $2.86 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For DKS, the company currently has $131.62 Million of cash on the books, which is offset by $666,000 current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $331.36 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.27 on a per share basis this quarter. Perhaps, that suggests something about why 35.97% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Dick’s Sporting Goods, Inc. recorded a 52-week high of $62.88. It is now trading 36.34% off that level. The stock is trading $31.58 its 50-day moving average by 5.04%. The stock carved out a 52-week low down at $25.94.

In recent action, Dick’s Sporting Goods, Inc. (DKS) has made a move of +1.03% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 71.48, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 12.41% with $84.07 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DKS.

Previous articleTaking a Look at the Data Behind FS Investment Corporation (FSIC)
Next articleThese two stocks are dominating the market, As Expected: QVC Group (QVCA), Albemarle Corporation (ALB)