Dicks Sporting Goods Surges 1.87 on 60 Volume Spike Ranks 213th in Liquidity Amid Market Downturn

On August 19, 2025, Dick’s Sporting Goods (DKS) rose 1.87% to close at $227.57, outperforming the broader market. The stock saw a surge in trading activity, with a volume of $0.44 billion—a 60.49% increase from the prior day—ranking it 213th in market liquidity. The performance contrasted with a 0.59% decline in the S&P 500 and a 1.46% drop in the Nasdaq, highlighting its relative strength amid mixed market conditions.

Investors are awaiting the company’s earnings report on August 28, with analysts projecting earnings of $4.29 per share, a 1.83% year-over-year decline. However, revenue is expected to reach $3.6 billion, reflecting a 3.57% growth. Full-year estimates suggest earnings of $14.38 per share and revenue of $13.9 billion, indicating modest improvements compared to 2024. Analysts have revised earnings forecasts upward slightly in recent weeks, signaling cautious optimism about the firm’s operational resilience.

Valuation metrics show DKS trading at a Forward P/E of 15.53, aligned with the industry average. Its PEG ratio of 3.19, while elevated, mirrors the Retail - Miscellaneous sector’s average of 3.11. The stock currently holds a Zacks Rank of #3 (Hold), reflecting a neutral outlook. Analysts note that while the company faces sector-wide challenges, its earnings trajectory and moderate valuation could support stability in the near term.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day resulted in a moderate return. The total profit from December 2022 to August 2025 was $2,940, with a maximum drawdown of $-1,960 during the same period. This indicates a volatile but ultimately positive performance, with the highest peak-to-trough decline being 19.6%.