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

DICK’S Sporting Goods (NYSE:DKS) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 13.900-14.500 for the period, compared to the consensus estimate of 14.370. The company issued revenue guidance of $13.8 billion-$14.0 billion, compared to the consensus revenue estimate of $13.9 billion.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of DICK’S Sporting Goods from $187.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Citigroup reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 29th. Cowen restated a “hold” rating on shares of DICK’S Sporting Goods in a research note on Monday, August 18th. Robert W. Baird decreased their price target on shares of DICK’S Sporting Goods from $230.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, May 16th. Finally, Barclays boosted their price target on shares of DICK’S Sporting Goods from $217.00 to $232.00 and gave the company an “overweight” rating in a research note on Thursday, May 29th. Nine research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Hold” and an average target price of $225.00.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $226.14 on Thursday. DICK’S Sporting Goods has a 1 year low of $166.37 and a 1 year high of $254.60. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.62 and a quick ratio of 0.47. The firm has a market cap of $18.10 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 3.32 and a beta of 1.07. The company has a fifty day moving average price of $210.30 and a 200-day moving average price of $201.12.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Thursday, August 28th. The sporting goods retailer reported $4.38 earnings per share for the quarter, topping analysts’ consensus estimates of $4.30 by $0.08. DICK’S Sporting Goods had a net margin of 8.49% and a return on equity of 38.06%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $4.37 EPS. DICK’S Sporting Goods has set its FY 2025 guidance at 13.900-14.500 EPS. As a group, equities research analysts predict that DICK’S Sporting Goods will post 13.89 EPS for the current fiscal year.

Insider Buying and Selling

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 3,541 shares of the company’s stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $187.00, for a total transaction of $662,167.00. Following the sale, the executive vice president directly owned 19,165 shares of the company’s stock, valued at $3,583,855. This represents a 15.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Elizabeth H. Baran sold 1,830 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $204.65, for a total transaction of $374,509.50. Following the sale, the senior vice president directly owned 12,465 shares in the company, valued at approximately $2,550,962.25. This trade represents a 12.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 69,200 shares of company stock worth $14,462,923 in the last ninety days. Corporate insiders own 32.55% of the company’s stock.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Benjamin Edwards Inc. increased its position in shares of DICK’S Sporting Goods by 4.3% during the second quarter. Benjamin Edwards Inc. now owns 2,406 shares of the sporting goods retailer’s stock valued at $476,000 after buying an additional 99 shares during the period. Brown Advisory Inc. increased its position in shares of DICK’S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after buying an additional 100 shares during the period. NewEdge Advisors LLC increased its position in shares of DICK’S Sporting Goods by 4.4% during the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after buying an additional 124 shares during the period. Captrust Financial Advisors increased its position in shares of DICK’S Sporting Goods by 2.2% during the second quarter. Captrust Financial Advisors now owns 6,991 shares of the sporting goods retailer’s stock valued at $1,383,000 after buying an additional 148 shares during the period. Finally, Kensington Investment Counsel LLC increased its position in shares of DICK’S Sporting Goods by 5.5% during the second quarter. Kensington Investment Counsel LLC now owns 6,769 shares of the sporting goods retailer’s stock valued at $1,339,000 after buying an additional 355 shares during the period. 89.83% of the stock is currently owned by institutional investors.

DICK’S Sporting Goods Company Profile

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.