DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) Director Sandeep Mathrani bought 1,550 shares of DICK’S Sporting Goods stock in a transaction dated Wednesday, August 26th. The shares were acquired at an average cost of $128.89 per share, with a total value of $199,779.50. Following the completion of the purchase, the director owned 11,136 shares in the company, valued at approximately $1,435,319.04. This trade represents a 16.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
DICK’S Sporting Goods Price Performance
Shares of DICK’S Sporting Goods stock traded up $3.32 during mid-day trading on Friday, reaching $135.09. 5,340,350 shares of the stock traded hands, compared to its average volume of 1,615,070. The business has a 50-day moving average of $207.21 and a 200 day moving average of $209.57. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.40 and a fifty-two week high of $244.38. The company has a quick ratio of 0.38, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $12.09 billion, a PE ratio of 14.51, a PEG ratio of 1.22 and a beta of 1.21.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the business posted $4.38 EPS. DICK’S Sporting Goods’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts predict that DICK’S Sporting Goods, Inc. will post 13.18 EPS for the current year.
DICK’S Sporting Goods Announces Dividend
Key DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Oppenheimer maintained a Buy rating on DICK’S Sporting Goods, indicating that the firm still sees meaningful upside despite the recent selloff. Oppenheimer Remains a Buy on Dick’s Sporting Goods
- Positive Sentiment: Citigroup kept a Buy rating, though it cut its price target to $190 from $280. The revised target still implies substantial potential upside based on the reference price. Citigroup Lowers DICK’S Sporting Goods Price Target
- Neutral Sentiment: Commentary from Jim Cramer and a Zacks article focused on DKS’s post-earnings outlook and dividend appeal, offering investor perspective but no clear new fundamental catalyst. Jim Cramer Remarks on DICK’S Sporting Goods DICK’S Sporting Goods Could Be a Great Choice
- Negative Sentiment: DICK’S reported quarterly EPS of $3.53 versus the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite strong reported revenue growth, raising concerns about profitability and guidance.
- Negative Sentiment: Telsey downgraded DKS to Market Perform and slashed its target to $145 from $255. Bank of America reduced its target to $200, while BTIG and DA Davidson issued pessimistic forecasts, reinforcing concerns about the earnings outlook. Analyst Target Changes
- Negative Sentiment: Several law firms—including Levi & Korsinsky, Block & Leviton, BFA Law, Pomerantz, and Kaplan Fox—announced investigations into potential securities-law violations. These announcements are typically investor solicitations and do not establish wrongdoing, but they add headline and litigation risk. DKS Investor Alert
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of DKS. Brown Advisory Inc. boosted its stake in shares of DICK’S Sporting Goods by 9.6% in the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after buying an additional 100 shares in the last quarter. Cerity Partners LLC lifted its holdings in DICK’S Sporting Goods by 54.1% in the second quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after acquiring an additional 562 shares during the period. Bank of Nova Scotia purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $417,000. Daiwa Securities Group Inc. boosted its position in shares of DICK’S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after purchasing an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after purchasing an additional 124 shares during the period. 89.83% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on DKS shares. Robert W. Baird dropped their price objective on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a report on Monday. Bank of America reduced their target price on shares of DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company lowered their target price on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Barclays lowered their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $170.22.
Read Our Latest Research Report on DKS
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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