DICK’S Sporting Goods (NYSE:DKS) Given “Buy” Rating at DA Davidson

DICK’S Sporting Goods (NYSE:DKS)‘s stock had its “buy” rating reaffirmed by research analysts at DA Davidson in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $260.00 price target on the sporting goods retailer’s stock. DA Davidson’s target price would indicate a potential upside of 16.80% from the stock’s current price.

Several other research firms have also commented on DKS. Robert W. Baird set a $264.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday. Truist Financial set a $270.00 target price on DICK’S Sporting Goods in a research report on Wednesday. UBS Group restated a “buy” rating on shares of DICK’S Sporting Goods in a research note on Tuesday, March 3rd. Morgan Stanley raised their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Telsey Advisory Group boosted their price target on DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $253.89.

DICK’S Sporting Goods Trading Up 1.5%

DKS stock traded up $3.39 during trading on Thursday, reaching $222.60. 335,221 shares of the stock were exchanged, compared to its average volume of 1,171,879. The business has a 50 day moving average price of $212.20 and a 200-day moving average price of $209.66. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $19.82 billion, a price-to-earnings ratio of 21.76, a P/E/G ratio of 3.31 and a beta of 1.21. DICK’S Sporting Goods has a 1 year low of $170.73 and a 1 year high of $237.75.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). The business had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The business’s revenue for the quarter was up 62.7% on a year-over-year basis. During the same period last year, the company earned $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, research analysts predict that DICK’S Sporting Goods will post 14.28 earnings per share for the current year.

Insider Transactions at DICK’S Sporting Goods

In related news, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 28.91% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Hedge funds and other institutional investors have recently made changes to their positions in the business. Clearstead Advisors LLC increased its stake in shares of DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock valued at $32,000 after acquiring an additional 46 shares during the last quarter. Harbor Investment Advisory LLC purchased a new position in DICK’S Sporting Goods in the first quarter valued at about $30,000. Westside Investment Management Inc. raised its holdings in shares of DICK’S Sporting Goods by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after buying an additional 76 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in DICK’S Sporting Goods in the fourth quarter valued at approximately $30,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods during the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Key Headlines Impacting DICK’S Sporting Goods

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: JPMorgan upgraded DICK’S Sporting Goods from neutral to overweight and lifted its price target to $270, signaling confidence in further upside after the recent pullback.
• Positive Sentiment: BTIG reaffirmed its buy rating and raised its price target to $300, citing room for continued share gains and execution strength.
• Positive Sentiment: The company reported 6.0% comparable sales growth, with DICK’S core business and Foot Locker both showing stronger trends, suggesting the integration is starting to help performance.
• Positive Sentiment: DICK’S raised the low end of its comparable sales outlook for both businesses and said Foot Locker’s Fast Break remodels are generating double-digit comps, reinforcing the growth story.
• Neutral Sentiment: DICK’S announced a quarterly dividend of $1.25 per share, which may appeal to income-focused investors but is unlikely to be the main driver of the stock move.
• Negative Sentiment: Q1 earnings came in slightly below expectations at $2.90 per share versus $2.91 expected, and EPS fell from a year ago, highlighting margin and integration pressure.
• Negative Sentiment: Management cut its full-year GAAP EPS guidance to $13.27-$14.27 from $13.70-$14.70, suggesting profits may be lower than previously expected despite stronger sales.

About DICK’S Sporting Goods

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.