DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) Director William Colombo purchased 5,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was purchased at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the acquisition, the director owned 178,987 shares of the company’s stock, valued at approximately $23,039,206.64. This represents a 2.87% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
DICK’S Sporting Goods Price Performance
Shares of NYSE:DKS opened at $135.09 on Friday. DICK’S Sporting Goods, Inc. has a twelve month low of $120.40 and a twelve month high of $244.38. The stock’s 50 day moving average is $205.27 and its 200-day moving average is $209.05. 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 firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 1.43 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.21). The business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Sell-side analysts forecast that DICK’S Sporting Goods, Inc. will post 11.72 EPS for the current fiscal year.
DICK’S Sporting Goods Dividend Announcement
Analyst Upgrades and Downgrades
DKS has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their price target on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, August 24th. Telsey Advisory Group reissued a “market perform” rating and issued a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research note on Wednesday. Morgan Stanley dropped their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Finally, Robert W. Baird decreased their price target on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.22.
Check Out Our Latest Research Report on DKS
Hedge Funds Weigh In On DICK’S Sporting Goods
Several institutional investors have recently modified their holdings of DKS. Harbor Investment Advisory LLC purchased a new position in DICK’S Sporting Goods in the first quarter worth $30,000. Laurel Wealth Advisors LLC purchased a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $34,000. Elyxium Wealth LLC purchased a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $35,000. SHP Wealth Management purchased a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $38,000. Finally, Torren Management LLC bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter worth $41,000. 89.83% of the stock is owned by institutional investors.
DICK’S Sporting Goods News Roundup
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Several directors made sizable open-market purchases after the earnings-related decline. William J. Colombo bought 6,100 shares for roughly $785,500, Mark J. Barrenechea purchased 17,000 shares for about $2.2 million, Robert W. Eddy bought 4,000 shares, and Sandeep Mathrani acquired 1,550 shares. The transactions may signal that company insiders view the selloff as excessive. SEC insider filing
- Positive Sentiment: Oppenheimer maintained a Buy rating, and Citigroup retained a Buy rating despite reducing its price target to $190 from $280. The new target still implies substantial potential upside from current trading levels. Analyst price target report
- Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations, including Kaplan Fox, Block & Leviton, BFA Law, Levi & Korsinsky and Pomerantz. These notices are investor solicitations and do not establish that DICK’S violated any law, but they add reputational and litigation risk. Kaplan Fox investigation notice
- Negative Sentiment: DICK’S reported quarterly earnings of $3.53 per share versus the $3.74 consensus estimate, while revenue of $5.59 billion also fell short of expectations. Earnings declined from $4.38 per share a year earlier, intensifying concerns about profitability despite strong reported revenue growth.
- Negative Sentiment: Telsey downgraded the stock to Market Perform and slashed its price target to $145 from $255. DA Davidson and BTIG also issued pessimistic forecasts, reinforcing concerns about the company’s outlook. Analyst downgrade report
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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