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DICK'S Sporting Goods (NYSE:DKS) Earns "Neutral" Rating from Wedbush

DICK'S Sporting Goods logo with Retail/Wholesale background
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Wedbush restated their neutral rating on shares of DICK'S Sporting Goods (NYSE:DKS - Free Report) in a research note published on Thursday morning,Benzinga reports. They currently have a $215.00 price objective on the sporting goods retailer's stock. Wedbush also issued estimates for DICK'S Sporting Goods' Q1 2026 earnings at $3.34 EPS, Q2 2026 earnings at $4.74 EPS, Q3 2026 earnings at $2.89 EPS, FY2026 earnings at $14.90 EPS and FY2028 earnings at $17.21 EPS.

Several other equities analysts also recently weighed in on the company. TD Cowen boosted their target price on DICK'S Sporting Goods from $270.00 to $294.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. Loop Capital boosted their target price on DICK'S Sporting Goods from $220.00 to $225.00 and gave the company a "hold" rating in a research report on Wednesday, November 27th. Telsey Advisory Group reissued an "outperform" rating and set a $260.00 target price on shares of DICK'S Sporting Goods in a research report on Tuesday, November 26th. Truist Financial boosted their price objective on DICK'S Sporting Goods from $256.00 to $258.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Finally, 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 report on Wednesday, January 29th. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, DICK'S Sporting Goods has an average rating of "Moderate Buy" and an average target price of $248.09.

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Get Our Latest Analysis on DKS

DICK'S Sporting Goods Price Performance

NYSE:DKS traded down $0.21 during trading hours on Thursday, reaching $214.48. The stock had a trading volume of 2,015,444 shares, compared to its average volume of 1,077,740. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72. DICK'S Sporting Goods has a 52 week low of $178.21 and a 52 week high of $254.60. The company has a 50 day moving average price of $231.77 and a two-hundred day moving average price of $219.50. The stock has a market capitalization of $17.47 billion, a PE ratio of 15.33, a PEG ratio of 2.47 and a beta of 1.53.

Insider Transactions at DICK'S Sporting Goods

In related news, Director Lawrence J. Schorr sold 7,333 shares of the company's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $231.55, for a total transaction of $1,697,956.15. Following the transaction, the director now directly owns 50,997 shares of the company's stock, valued at $11,808,355.35. This represents a 12.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $227.99, for a total value of $1,139,950.00. Following the completion of the transaction, the executive vice president now directly owns 16,504 shares in the company, valued at $3,762,746.96. This represents a 23.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 172,933 shares of company stock valued at $39,655,456. Corporate insiders own 32.03% of the company's stock.

Institutional Trading of DICK'S Sporting Goods

A number of hedge funds have recently modified their holdings of DKS. US Bancorp DE boosted its position in DICK'S Sporting Goods by 3.4% during the third quarter. US Bancorp DE now owns 4,879 shares of the sporting goods retailer's stock worth $1,018,000 after purchasing an additional 162 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of DICK'S Sporting Goods by 7.8% in the third quarter. Janney Montgomery Scott LLC now owns 16,977 shares of the sporting goods retailer's stock valued at $3,543,000 after acquiring an additional 1,230 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of DICK'S Sporting Goods by 10.2% in the third quarter. Van ECK Associates Corp now owns 11,928 shares of the sporting goods retailer's stock valued at $2,454,000 after acquiring an additional 1,105 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of DICK'S Sporting Goods by 33.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 81,253 shares of the sporting goods retailer's stock valued at $16,958,000 after acquiring an additional 20,220 shares in the last quarter. Finally, National Pension Service purchased a new position in shares of DICK'S Sporting Goods in the third quarter valued at approximately $4,195,000. Hedge funds and other institutional investors own 89.83% of the company's stock.

About DICK'S Sporting Goods

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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.

Further Reading

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

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