DKS Stock Summary and Trading Ideas (Dick's Sporting Goods | NYSE:DKS)

Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores and House of Sport), and about 130 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.

Dick's Sporting Goods trades on the NYSE stock market under the symbol DKS.

As of December 3, 2024, DKS stock price declined to $212.58 with 533,855 million shares trading.

DKS has a beta of 1.62, meaning it tends to be more sensitive to market movements. DKS has a correlation of 0.21 to the broad based SPY ETF.

DKS has a market cap of $17.32 billion. This is considered a Large Cap stock.

Last quarter Dick's Sporting Goods reported $3 billion in Revenue and $2.75 earnings per share. This beat revenue expectation by $27 million and exceeded earnings estimates by $.06.

In the last 3 years, DKS traded as high as $239.30 and as low as $63.45.

The top ETF exchange traded funds that DKS belongs to (by Net Assets): IJH, VTI, SCHD, VB, VXF.

DKS has outperformed the market in the last year with a price return of +56.9% while the SPY ETF gained +33.0%. However, in the short term, DKS had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.8% vs +7.4% return in SPY. But in the last 2 weeks, DKS shares have fared better than the market returning +6.0% compared to SPY +2.6%.

DKS support price is $210.09 and resistance is $220.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DKS shares will trade within this expected range on the day.