Dicks Sporting Earnings Estimate

DKS -  USA Stock  

USD 84.70  0.12  0.14%

Many public companies, such as Dicks Sporting, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Dicks Sporting's earnings estimates, investors can diagnose different trends across Dicks Sporting's analyst sentiment over time as well as compare current estimates against different timeframes.
Dicks Sporting is projected to generate 15.6 in earnings per share on the 31st of December 2022. Dicks Sporting earnings estimates module stress-tests analyst consensus about projected Dicks Sporting Goods EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Investing Opportunities.
  
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As of 05/28/2022, Gross Profit is likely to drop to about 3.6 B. In addition to that, Profit Margin is likely to drop to 0.09
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Dicks Sporting Earnings Estimation Breakdown

Calculation of earning per share of Dicks Sporting Goods is based on official Zacks consensus of 9 analysts regarding Dicks Sporting future annual earnings. Given the historical accuracy of 60.64%, the future earnings per share of Dicks Sporting is estimated to be 15.6 with the lowest and highest values of 15.55 and 15.71, respectively. Please note that this consensus of annual earnings estimates for Dicks Sporting Goods is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 13.87
15.55
Lowest
Expected EPS 15.6
15.71
Highest

Dicks Sporting Earnings Projection Consensus

Suppose the current estimates of Dicks Sporting's value are higher than the current market price of the Dicks Sporting stock. In this case, investors may conclude that Dicks Sporting is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Dicks Sporting's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

9

60.64%

13.87

15.6

Dicks Sporting Earnings History

Earnings estimate consensus by Dicks Sporting Goods analysts from Wall Street is used by the market to judge Dicks Sporting's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Dicks Sporting's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Dicks Sporting Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

437.17 Million

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As of 05/28/2022, Price to Earnings Ratio is likely to grow to 12.67, while Accumulated Retained Earnings Deficit are likely to drop slightly above 2.9 B. Dicks Sporting Weighted Average Shares is relatively stable at the moment as compared to the past year. Dicks Sporting reported last year Weighted Average Shares of 83.18 Million. As of 05/28/2022, Weighted Average Shares Diluted is likely to grow to about 121.5 M, though Issuance Purchase of Equity Shares is likely to grow to (680.1 M).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dicks Sporting's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Dicks Sporting in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
80.9585.0589.15
Details
Intrinsic
Valuation
LowReal ValueHigh
76.23102.71106.81
Details
17 Analysts
Consensus
LowTarget PriceHigh
70.00136.81173.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dicks Sporting. Your research has to be compared to or analyzed against Dicks Sporting's peers to derive any actionable benefits. When done correctly, Dicks Sporting's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dicks Sporting Goods.
Note that many institutional investors and large investment bankers can move markets due to the volume of Dicks assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Dicks Sporting. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Dicks stock price in the short term.

Dicks Sporting Earnings per Share Projection vs Actual

Actual Earning per Share of Dicks Sporting refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Dicks Sporting Goods predict the company's earnings will be in the future. The higher the earnings per share of Dicks Sporting, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Dicks Sporting Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Dicks Sporting, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Dicks Sporting should always be considered in relation to other companies to make a more educated investment decision.

Dicks Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Dicks Sporting's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-03-08
2022-02-283.433.640.21
2021-11-30
2021-11-301.973.191.2261 
2021-11-23
2021-08-312.04293.191.147156 
2021-08-25
2021-05-312.81585.082.264280 
2021-03-09
2021-02-282.29962.430.1304
2020-11-30
2020-11-301.012.01199 
2020-11-24
2020-08-311.08352.010.926585 
2020-06-02
2020-05-31-0.8265-1.71-0.8835106 
2020-03-10
2020-02-291.22031.320.0997
2019-11-30
2019-11-300.380.520.1436 
2019-11-26
2019-08-310.37530.520.144738 
2019-08-22
2019-05-311.20561.260.0544
2019-05-29
2019-02-280.58310.620.0369
2018-11-28
2018-08-310.25060.390.139455 
2018-08-29
2018-05-311.0611.20.13913 
2018-05-30
2018-02-280.44290.590.147133 
2017-11-14
2017-08-310.26030.30.039715 
2017-08-15
2017-05-310.99770.96-0.0377
2017-05-16
2017-02-280.54090.54-0.0009
2016-11-15
2016-08-310.4230.480.05713 
2016-08-16
2016-05-310.68940.820.130618 
2016-05-19
2016-02-290.48960.50.0104
2015-11-17
2015-08-310.460.45-0.01
2015-08-18
2015-05-310.750.770.02
2015-03-03
2015-02-281.221.30.08
2014-11-18
2014-08-310.410.410
2014-08-19
2014-05-310.650.670.02
2014-03-11
2014-02-281.111.110
2013-11-19
2013-08-310.390.40.01
2013-08-20
2013-05-310.740.71-0.03
2013-03-11
2013-02-281.061.03-0.03
2012-11-13
2012-08-310.370.40.03
2012-08-14
2012-05-310.640.650.01
2012-03-06
2012-02-290.880.76-0.1213 
2011-11-15
2011-08-310.260.320.0623 
2011-08-16
2011-05-310.50.520.02
2011-03-08
2011-02-280.720.760.04
2010-11-16
2010-08-310.170.220.0529 
2010-08-19
2010-05-310.410.430.02
2010-03-09
2010-02-280.550.560.01
2009-11-19
2009-08-310.090.160.0777 
2009-08-20
2009-05-310.310.360.0516 
2009-03-10
2009-02-280.530.550.02
2008-11-20
2008-08-310.060.080.0233 
2008-08-21
2008-05-310.360.390.03
2008-03-11
2008-02-290.60.620.02
2007-11-20
2007-08-310.050.10.05100 
2007-08-21
2007-05-310.380.420.0410 
2007-03-13
2007-02-280.570.60.03
2006-11-13
2006-08-310.020.070.05250 
2006-08-15
2006-05-310.220.240.02
2006-03-07
2006-02-280.490.50.01
2005-11-15
2005-08-310.040.040
2005-08-16
2005-05-310.230.230
2005-03-07
2005-02-280.390.410.02
2004-11-18
2004-08-310.020.030.0150 
2004-08-17
2004-05-310.170.170
2004-03-11
2004-02-290.250.250
2003-11-18
2003-08-310.040.050.0125 
2003-08-21
2003-05-310.150.150
2003-03-13
2003-02-280.220.220
2002-11-26
2002-08-31None0.0344None

About Dicks Sporting Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Dicks Sporting earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Dicks Sporting estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Dicks Sporting fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings DeficitB2.9 B
Earning Before Interest and Taxes EBIT2.1 B1.4 B
Earnings per Basic Share 18.27  11.14 
Earnings per Diluted Share 13.87  8.79 
Price to Earnings Ratio 6.20  12.67 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.4 B1.6 B
Earnings before TaxB1.3 B
DICKS Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. DICKS Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania. Dicks Sporting operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 17800 people.

Dicks Sporting Investors Sentiment

The influence of Dicks Sporting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dicks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Dicks Sporting Implied Volatility

    
  66.46  
Dicks Sporting's implied volatility exposes the market's sentiment of Dicks Sporting Goods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dicks Sporting's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dicks Sporting stock will not fluctuate a lot when Dicks Sporting's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dicks Sporting in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dicks Sporting's short interest history, or implied volatility extrapolated from Dicks Sporting options trading.

Current Sentiment - DKS

Dicks Sporting Goods Investor Sentiment

Greater number of Macroaxis users are currently bullish on Dicks Sporting Goods. What is your opinion about investing in Dicks Sporting Goods? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Dicks Sporting

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dicks Sporting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.

Dicks Sporting Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dicks Sporting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dicks Sporting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Dicks Sporting Goods information on this page should be used as a complementary analysis to other Dicks Sporting's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Dicks Sporting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dicks Sporting. If investors know Dicks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dicks Sporting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine Dicks Sporting value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.