DICK'S Sporting Goods' (DKS) "Outperform" Rating Reiterated at Telsey Advisory Group

Key Points

• Telsey Advisory Group has reiterated an "outperform" rating for DICK'S Sporting Goods (DKS), with a price target of $255.00, indicating a potential upside of 12.76% from the stock's previous close.
• Despite the positive outlook from Telsey, other analysts have mixed opinions, with some cutting their price targets and changing ratings to "hold" or "neutral."
• DICK'S Sporting Goods reported $4.38 EPS for its last quarter, surpassing analysts' estimates, and forecasts earnings of $13.89 EPS for the current fiscal year.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report)'s stock had its "outperform" rating reissued by research analysts at Telsey Advisory Group in a note issued to investors on Thursday,Benzinga reports. They currently have a $255.00 price objective on the sporting goods retailer's stock. Telsey Advisory Group's price objective suggests a potential upside of 12.76% from the company's previous close. Telsey Advisory Group also issued estimates for DICK'S Sporting Goods' Q2 2027 earnings at $4.67 EPS and Q3 2027 earnings at $3.07 EPS.

Several other equities research analysts also recently weighed in on DKS. Robert W. Baird decreased their target price on DICK'S Sporting Goods from $230.00 to $185.00 and set a "neutral" rating for the company in a research report on Friday, May 16th. DA Davidson restated a "buy" rating and issued a $230.00 target price on shares of DICK'S Sporting Goods in a report on Friday, June 27th. TD Cowen lowered DICK'S Sporting Goods from a "buy" rating to a "hold" rating and set a $216.00 target price on the stock. in a report on Thursday, May 15th. JPMorgan Chase & Co. decreased their target price on DICK'S Sporting Goods from $224.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, May 29th. Finally, Bank of America cut their target price on shares of DICK'S Sporting Goods from $250.00 to $240.00 and set a "buy" rating for the company in a research note on Tuesday, June 24th. Nine investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $225.00.

DICK'S Sporting Goods Price Performance

DKS stock opened at $226.14 on Thursday. DICK'S Sporting Goods has a 1 year low of $166.37 and a 1 year high of $254.60. The firm has a market capitalization of $18.10 billion, a P/E ratio of 16.18, a P/E/G ratio of 3.32 and a beta of 1.07. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.62 and a quick ratio of 0.47. The business's 50-day moving average is $210.30 and its two-hundred day moving average is $201.12.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The sporting goods retailer reported $4.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.30 by $0.08. DICK'S Sporting Goods had a return on equity of 38.06% and a net margin of 8.49%.The firm's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.37 EPS. DICK'S Sporting Goods has set its FY 2025 guidance at 13.900-14.500 EPS. Analysts anticipate that DICK'S Sporting Goods will post 13.89 earnings per share for the current fiscal year.

Insider Buying and Selling at DICK'S Sporting Goods

In other news, EVP Julie Lodge-Jarrett sold 1,026 shares of the business's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $203.50, for a total transaction of $208,791.00. Following the completion of the sale, the executive vice president directly owned 18,139 shares of the company's stock, valued at $3,691,286.50. The trade was a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Elizabeth H. Baran sold 1,830 shares of the business's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $204.65, for a total transaction of $374,509.50. Following the completion of the transaction, the senior vice president owned 12,465 shares in the company, valued at approximately $2,550,962.25. The trade was a 12.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 69,200 shares of company stock worth $14,462,923 in the last three months. Company insiders own 32.55% of the company's stock.

Institutional Investors Weigh In On DICK'S Sporting Goods

Several institutional investors and hedge funds have recently modified their holdings of DKS. Park Square Financial Group LLC purchased a new position in DICK'S Sporting Goods during the 4th quarter valued at about $27,000. Ancora Advisors LLC bought a new stake in DICK'S Sporting Goods during the 4th quarter valued at about $28,000. Private Trust Co. NA increased its stake in DICK'S Sporting Goods by 54.1% during the 1st quarter. Private Trust Co. NA now owns 188 shares of the sporting goods retailer's stock valued at $38,000 after purchasing an additional 66 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in DICK'S Sporting Goods during the 2nd quarter valued at about $40,000. Finally, Golden State Wealth Management LLC increased its stake in DICK'S Sporting Goods by 1,435.7% during the 1st quarter. Golden State Wealth Management LLC now owns 215 shares of the sporting goods retailer's stock valued at $43,000 after purchasing an additional 201 shares in the last quarter. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK'S Sporting Goods Company Profile

Dick's Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.

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