DICK’S Sporting Goods (NYSE:DKS) Releases FY 2025 Earnings Guidance

DICK’S Sporting Goods (NYSE:DKS) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 13.800-14.400 for the period, compared to the consensus EPS estimate of 14.840. The company issued revenue guidance of $13.6 billion-$13.9 billion, compared to the consensus revenue estimate of $13.9 billion.

DICK’S Sporting Goods Stock Down 1.4 %

NYSE DKS opened at $211.36 on Tuesday. DICK’S Sporting Goods has a 52 week low of $178.21 and a 52 week high of $254.60. The company has a quick ratio of 0.56, a current ratio of 1.72 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $17.22 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53. The stock’s 50-day moving average price is $231.36 and its 200-day moving average price is $219.22.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share for the quarter, beating the consensus estimate of $3.47 by $0.15. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. On average, equities research analysts predict that DICK’S Sporting Goods will post 13.89 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on DKS. Argus boosted their price objective on DICK’S Sporting Goods from $255.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. UBS Group raised DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $225.00 to $260.00 in a report on Wednesday, November 27th. Truist Financial increased their price objective on shares of DICK’S Sporting Goods from $256.00 to $258.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Wedbush reissued a “neutral” rating and issued a $215.00 target price on shares of DICK’S Sporting Goods in a report on Thursday, March 6th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research note on Friday. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $248.09.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total transaction of $36,817,550.00. Following the completion of the sale, the chairman now directly owns 8,362,128 shares of the company’s stock, valued at $1,917,017,844. The trade was a 1.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lawrence J. Schorr sold 7,333 shares of DICK’S Sporting Goods stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $231.55, for a total value of $1,697,956.15. Following the completion of the sale, the director now owns 50,997 shares of the company’s stock, valued at $11,808,355.35. The trade was a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 172,933 shares of company stock valued at $39,655,456 in the last three months. Company insiders own 32.03% of the company’s stock.

About DICK’S Sporting Goods

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.