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 $32.15, down from yesterday’s close by -2.16%. 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

Dick’s Sporting Goods, Inc. (DKS) currently trades with a market capitalization of $3.65 Billion. That value represents a market adjusting for revenues that have been growing by 7.28 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $271.96 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.45 on a per share basis this quarter. Perhaps, that suggests something about why 3.23% 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 $52.31. It is now trading 20.16% off that level. The stock is trading $33.11 its 50-day moving average by 0.96%. The stock carved out a 52-week low down at $23.88.

In recent action, Dick’s Sporting Goods, Inc. (DKS) has made a move of -7.93% 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 13.41, 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 14.65% with $81.50 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DKS.

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