DICK’S Sporting Goods (NYSE:DKS) Earns “Neutral” Rating from Wedbush

DICK’S Sporting Goods (NYSE:DKSGet Free Report)‘s stock had its “neutral” rating reiterated by analysts at Wedbush in a research note issued to investors on Wednesday,RTT News reports. They presently have a $215.00 price target on the sporting goods retailer’s stock, down from their previous price target of $250.00. Wedbush’s price target suggests a potential upside of 0.63% from the company’s previous close. Wedbush also issued estimates for DICK’S Sporting Goods’ Q4 2025 earnings at $3.35 EPS, FY2025 earnings at $13.78 EPS, Q1 2026 earnings at $3.25 EPS, Q2 2026 earnings at $4.70 EPS, Q4 2026 earnings at $3.62 EPS, FY2026 earnings at $14.35 EPS and FY2027 earnings at $15.57 EPS.

Several other research analysts have also issued reports on DKS. Truist Financial increased their target price on DICK’S Sporting Goods from $256.00 to $258.00 and gave the stock a “buy” rating in a research report on Wednesday. Robert W. Baird restated a “neutral” rating and set a $235.00 price target on shares of DICK’S Sporting Goods in a report on Wednesday, August 28th. Wells Fargo & Company lowered their price objective on DICK’S Sporting Goods from $230.00 to $227.00 and set an “equal weight” rating on the stock in a research report on Monday, August 12th. UBS Group upgraded shares of DICK’S Sporting Goods from a “neutral” rating to a “buy” rating and upped their target price for the company from $225.00 to $260.00 in a research note on Wednesday. Finally, Citigroup dropped their price target on DICK’S Sporting Goods from $243.00 to $230.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $244.95.

Check Out Our Latest Stock Analysis on DKS

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $213.66 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.77 and a quick ratio of 0.69. DICK’S Sporting Goods has a one year low of $120.39 and a one year high of $239.30. The business’s 50 day simple moving average is $205.79 and its two-hundred day simple moving average is $210.66. The stock has a market capitalization of $17.39 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last announced its quarterly earnings results on Tuesday, November 26th. The sporting goods retailer reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.07. The company had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.03 billion. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.46%. DICK’S Sporting Goods’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.85 EPS. Analysts forecast that DICK’S Sporting Goods will post 13.88 EPS for the current year.

Institutional Trading of DICK’S Sporting Goods

Several hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group purchased a new stake in DICK’S Sporting Goods during the third quarter valued at $27,000. ICA Group Wealth Management LLC purchased a new position in DICK’S Sporting Goods during the 2nd quarter valued at $28,000. ORG Partners LLC bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter valued at about $30,000. ORG Wealth Partners LLC purchased a new position in DICK’S Sporting Goods during the third quarter valued at approximately $30,000. Finally, Innealta Capital LLC purchased a new position in shares of DICK’S Sporting Goods in the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

(Get Free Report)

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.

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Analyst Recommendations for DICK'S Sporting Goods (NYSE:DKS)

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