DICK’S Sporting Goods (NYSE:DKS – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.
Several other equities research analysts also recently issued reports on DKS. Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. Bank of America cut their price objective 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, August 26th. Jefferies Financial Group set a $171.00 price objective on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. Morgan Stanley decreased their price objective on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Finally, Citigroup cut their target price on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, August 27th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, DICK’S Sporting Goods has a consensus rating of “Hold” and an average price target of $167.20.
Check Out Our Latest Report on DICK’S Sporting Goods
DICK’S Sporting Goods Stock Up 0.2%
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share 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 the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. DICK’S Sporting Goods’s revenue 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. On average, equities research analysts forecast that DICK’S Sporting Goods will post 11.7 EPS for the current fiscal year.
Insider Transactions at DICK’S Sporting Goods
In other news, Director Sandeep Mathrani purchased 1,550 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average price of $128.89 per share, with a total value of $199,779.50. Following the transaction, the director directly owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. This represents a 16.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark Barrenechea purchased 17,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were purchased at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the purchase, the director directly owned 25,977 shares in the company, valued at $3,395,713.44. This trade represents a 189.37% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 29,563 shares of company stock valued at $3,843,882. Corporate insiders own 28.91% of the company’s stock.
Hedge Funds Weigh In On DICK’S Sporting Goods
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC purchased a new position in DICK’S Sporting Goods in the 1st quarter valued at approximately $30,000. Elyxium Wealth LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $35,000. SHP Wealth Management purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $38,000. Measured Wealth Private Client Group LLC purchased a new position in shares of DICK’S Sporting Goods in the third quarter valued at $48,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $44,000. Institutional investors own 89.83% of the company’s stock.
More DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Investors traded a large volume of DKS call options, suggesting that some market participants are positioning for a rebound or seeking leveraged upside exposure. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
- Neutral Sentiment: Several investor-rights law firms announced or promoted a securities class action covering shareholders who purchased DKS stock from September 8, 2025, through August 24, 2026. The lead-plaintiff deadline is November 3, 2026. These notices largely repeat the same information and do not represent a court finding of wrongdoing. Class Action Filed Alleging Investor Harm
- Negative Sentiment: The lawsuits allege investor harm related to DICK’S statements about its Foot Locker integration and the subsequent guidance reduction. One notice said DKS fell about 30% on August 25 after the company’s earnings and outlook update, highlighting the potential reputational, legal and financial risks for investors. DKS Shareholder Alert
- Negative Sentiment: Analyst sentiment deteriorated further: Zacks Research added DKS to its Rank #5 “Strong Sell” list, while BMO Capital Markets also reportedly rated the stock “Strong Sell.” Zacks reduced multiple quarterly and annual EPS forecasts, including FY2027 EPS from $14.10 to $11.49 and FY2028 EPS from $16.26 to $13.43. New Strong Sell Stocks
- Negative Sentiment: The latest forecast revisions follow DICK’S recent quarterly miss, when EPS of $3.53 came in below the $3.74 consensus and revenue of $5.59 billion trailed the $5.64 billion estimate. The company also guided to fiscal 2026 EPS of $11.00–$12.00, reinforcing concerns about earnings momentum.
About DICK’S Sporting Goods
DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.
The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.
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