Dicks Price to Sales Ratio Trend from 2010 to 2022

DKS -  USA Stock  

USD 84.39  6.54  8.40%

Dicks Sporting Price to Sales Ratio yearly trend continues to be relatively stable with very little volatility. Price to Sales Ratio is likely to grow to 0.88 this year. During the period from 2010 to 2022, Dicks Sporting Price to Sales Ratio destribution of quarterly values had range of  0.60 from its regression line and mean deviation of  0.25.
  
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Check Dicks Sporting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dicks main balance sheet or income statement drivers, such as Direct Expenses of 6.5 B, Consolidated Income of 981.1 M or Cost of Revenue of 6.5 B, as well as many exotic indicators such as Interest Coverage of 109, Long Term Debt to Equity of 0.49 or Calculated Tax Rate of 32.58. Dicks financial statements analysis is a perfect complement when working with Dicks Sporting Valuation or Volatility modules. It can also supplement various Dicks Sporting Technical models. Continue to the analysis of Dicks Sporting Correlation against competitors.

Dicks Sporting Quarterly Price to Sales Ratio

0.608

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Dicks Price to Sales Ratio Breakdown

Showing smoothed Price to Sales Ratio of Dicks Sporting Goods with missing and latest data points interpolated. Price to Sales Ratio is figured by comparing Dicks Sporting Goods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dicks Sporting sales, a figure that is much harder to manipulate than other Dicks Sporting Goods multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. An alternative calculation method to [PS]; that measures the ratio between a company's [Price] and it's [SPS].Dicks Sporting's Price to Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dicks Sporting's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.59 X10 Years Trend
Decreasing
Slightly volatile
 Price to Sales Ratio 
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Dicks Price to Sales Ratio Regression Statistics

Arithmetic Mean 0.71
Geometric Mean 0.66
Coefficient Of Variation 38.54
Mean Deviation 0.25
Median 0.77
Standard Deviation 0.27
Sample Variance 0.07
Range 0.60
R-Value(0.41)
Mean Square Error 0.07
R-Squared 0.17
Significance 0.17
Slope(0.028588)
Total Sum of Squares 0.90

Dicks Price to Sales Ratio History

2014 0.44
2020 0.77
2022 0.88

About Dicks Sporting Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dicks Sporting income statement, its balance sheet, and the statement of cash flows. Dicks Sporting investors use historical funamental indicators, such as Dicks Sporting's Price to Sales Ratio, to determine how well the company is positioned to perform in the future. Although Dicks Sporting investors may use each financial statement separately, they are all related. The changes in Dicks Sporting's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dicks Sporting's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dicks Sporting Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dicks Sporting. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Price to Sales Ratio 0.77  0.88 
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.

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Our tools can tell you how much better you can do entering a position in Dicks Sporting without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 the analysis of Dicks Sporting Correlation against competitors. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Dicks Sporting Goods price analysis, check to measure Dicks Sporting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth YOY
-0.27
Market Capitalization
6.3 B
Quarterly Revenue Growth YOY
-0.075
Return On Assets
0.14
Return On Equity
0.59
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.