DICK’S Sporting Goods (NYSE:DKS) Given New $250.00 Price Target at Wedbush

DICK’S Sporting Goods (NYSE:DKS) had its price target boosted by Wedbush from $230.00 to $250.00 in a research report report published on Wednesday, Benzinga reports. They currently have a neutral rating on the sporting goods retailer’s stock. Wedbush also issued estimates for DICK’S Sporting Goods’ Q2 2025 earnings at $4.06 EPS, Q4 2025 earnings at $3.65 EPS, FY2025 earnings at $14.02 EPS, Q2 2026 earnings at $4.34 EPS, Q3 2026 earnings at $3.26 EPS, Q4 2026 earnings at $3.99 EPS, FY2026 earnings at $14.83 EPS and FY2027 earnings at $16.17 EPS.

DKS has been the subject of several other reports. UBS Group lifted their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a neutral rating in a research report on Monday, August 26th. Oppenheimer boosted their price objective on DICK’S Sporting Goods from $240.00 to $270.00 and gave the stock an outperform rating in a research report on Thursday, May 30th. JPMorgan Chase & Co. boosted their price objective on DICK’S Sporting Goods from $197.00 to $211.00 and gave the stock a neutral rating in a research report on Thursday, May 30th. Stifel Nicolaus boosted their price objective on DICK’S Sporting Goods from $215.00 to $232.00 and gave the stock a hold rating in a research report on Thursday, May 30th. Finally, Barclays boosted their price objective on DICK’S Sporting Goods from $231.00 to $247.00 and gave the stock an overweight rating in a research report on Thursday, May 30th. Ten research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of Moderate Buy and a consensus target price of $242.48.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $237.05 on Wednesday. The company has a market cap of $19.32 billion, a P/E ratio of 19.62, a P/E/G ratio of 2.26 and a beta of 1.65. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.71 and a quick ratio of 0.65. The stock has a 50-day moving average of $214.34 and a two-hundred day moving average of $205.81. DICK’S Sporting Goods has a 1-year low of $100.98 and a 1-year high of $239.30.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Wednesday, May 29th. The sporting goods retailer reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.36. The company had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.94 billion. DICK’S Sporting Goods had a return on equity of 41.80% and a net margin of 7.73%. DICK’S Sporting Goods’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.40 EPS. As a group, analysts anticipate that DICK’S Sporting Goods will post 13.76 EPS for the current year.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Desiree Ralls-Morrison sold 3,489 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $206.65, for a total value of $721,001.85. Following the completion of the sale, the director now owns 5,609 shares in the company, valued at $1,159,099.85. The sale was disclosed in a document filed with the SEC, which is available through this link. 32.03% of the stock is owned by company insiders.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DKS. International Assets Investment Management LLC purchased a new stake in DICK’S Sporting Goods in the fourth quarter valued at approximately $19,219,000. Signaturefd LLC raised its stake in shares of DICK’S Sporting Goods by 30.5% during the fourth quarter. Signaturefd LLC now owns 638 shares of the sporting goods retailer’s stock worth $94,000 after purchasing an additional 149 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of DICK’S Sporting Goods by 2.7% during the fourth quarter. Van ECK Associates Corp now owns 8,818 shares of the sporting goods retailer’s stock worth $1,296,000 after purchasing an additional 232 shares during the last quarter. Brighton Jones LLC raised its stake in shares of DICK’S Sporting Goods by 12.0% during the fourth quarter. Brighton Jones LLC now owns 8,282 shares of the sporting goods retailer’s stock worth $1,217,000 after purchasing an additional 888 shares during the last quarter. Finally, Oder Investment Management LLC raised its stake in shares of DICK’S Sporting Goods by 23.9% during the fourth quarter. Oder Investment Management LLC now owns 6,870 shares of the sporting goods retailer’s stock worth $1,010,000 after purchasing an additional 1,325 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.