DICK'S Sporting Goods (NYSE:DKS) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Key Points

• Jefferies raised its price target on DICK'S Sporting Goods from $210 to $224, though it kept a Hold rating. The new target implies about 3.3% upside from the current share price.
• Analyst sentiment remains generally positive overall, with DICK'S carrying a Moderate Buy consensus and an average price target of $247.50. Several firms recently reiterated or raised targets, including BTIG, Telsey Advisory Group, and Barclays.
• The company’s latest quarter showed revenue beat estimates and strong year-over-year growth, but EPS slightly missed expectations and management trimmed full-year profit guidance, reflecting some margin pressure from Foot Locker integration and investment spending.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) had its price objective upped by investment analysts at Jefferies Financial Group from $210.00 to $224.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a "hold" rating on the sporting goods retailer's stock. Jefferies Financial Group's price target would indicate a potential upside of 3.31% from the stock's current price.

Other equities research analysts have also recently issued reports about the stock. BTIG Research reaffirmed a "buy" rating and issued a $300.00 price objective on shares of DICK'S Sporting Goods in a research note on Wednesday, May 13th. Morgan Stanley dropped their price target on shares of DICK'S Sporting Goods from $260.00 to $250.00 and set an "overweight" rating on the stock in a research report on Friday, March 13th. Weiss Ratings raised shares of DICK'S Sporting Goods from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, May 7th. Telsey Advisory Group boosted their price target on shares of 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. Finally, Barclays boosted their price target on shares of DICK'S Sporting Goods from $242.00 to $264.00 and gave the company an "overweight" rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, DICK'S Sporting Goods presently has an average rating of "Moderate Buy" and a consensus price target of $247.50.

DICK'S Sporting Goods Price Performance

Shares of DICK'S Sporting Goods stock traded down $16.31 on Wednesday, reaching $216.82. 2,506,511 shares of the stock were exchanged, compared to its average volume of 1,172,518. The firm has a market cap of $19.31 billion, a PE ratio of 21.21, a P/E/G ratio of 3.29 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. The firm's 50 day moving average is $211.59 and its 200-day moving average is $209.65. DICK'S Sporting Goods has a one year low of $170.73 and a one year high of $237.75.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings data 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). DICK'S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the company earned $3.37 EPS. DICK'S Sporting Goods's revenue for the quarter was up 62.7% on a year-over-year basis. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, analysts anticipate that DICK'S Sporting Goods will post 14.25 EPS for the current fiscal year.

Insider Buying and Selling at DICK'S Sporting Goods

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the completion of the transaction, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction dated 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 completion of the transaction, the chairman owned 6,549,026 shares of the company's stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 28.91% of the stock is currently owned by corporate insiders.

Institutional Trading of DICK'S Sporting Goods

Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of DICK'S Sporting Goods by 5.8% during the 1st quarter. Bank of America Corp DE now owns 3,382,472 shares of the sporting goods retailer's stock worth $670,710,000 after purchasing an additional 184,727 shares during the period. Kensington Investment Counsel LLC grew its stake in shares of DICK'S Sporting Goods by 8.6% during the 1st quarter. Kensington Investment Counsel LLC now owns 5,166 shares of the sporting goods retailer's stock worth $1,024,000 after purchasing an additional 407 shares during the period. Arkadios Wealth Advisors grew its stake in shares of DICK'S Sporting Goods by 1.6% during the 1st quarter. Arkadios Wealth Advisors now owns 13,428 shares of the sporting goods retailer's stock worth $2,663,000 after purchasing an additional 207 shares during the period. Guardian Partners Inc. grew its stake in shares of DICK'S Sporting Goods by 6.8% during the 1st quarter. Guardian Partners Inc. now owns 1,716 shares of the sporting goods retailer's stock worth $340,000 after purchasing an additional 109 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of DICK'S Sporting Goods by 2.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 50,084 shares of the sporting goods retailer's stock worth $9,931,000 after purchasing an additional 1,012 shares during the period. 89.83% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting DICK'S Sporting Goods

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

• Positive Sentiment: First-quarter revenue beat estimates and rose sharply year over year, with comparable sales up 6% as the business remained healthy. DICK'S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: The company said Foot Locker returned to comp sales growth and profitability, which suggests its acquisition and turnaround efforts are gaining traction. DICK'S Sporting Goods, Inc. Reports First Quarter Results
• Positive Sentiment: DICK'S raised the low end of its full-year comparable sales outlook for both the core DICK'S business and Foot Locker, signaling confidence in demand. DICK'S Sporting Goods, Inc. Reports First Quarter Results
• Neutral Sentiment: Adjusted EPS of $2.90 slightly missed the consensus estimate of $2.91, while reported earnings also fell from last year. Dick's Sporting Goods (DKS) Lags Q1 Earnings Estimates
• Negative Sentiment: Investors are reacting to a more conservative full-year profit outlook, with FY2026 guidance cut to $13.27-$14.27 from $13.70-$14.70 previously. Dick's Sporting Goods shares slide as it cuts full-year profit outlook
• Negative Sentiment: Management also trimmed its full-year consolidated operating income outlook, reinforcing concerns that Foot Locker integration costs and investment spending will दब pressure near-term margins. DICK'S Sporting Goods, Inc. Reports First Quarter Results

DICK'S Sporting Goods Company Profile

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.

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