DICK’S Sporting Goods (NYSE:DKS) Rating Lowered to “Strong Sell” at Zacks Research

DICK’S Sporting Goods (NYSE:DKS) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

Other research analysts have also recently issued research reports about the company. Bank of America cut their target price on DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. UBS Group cut their price objective on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, August 27th. Barclays reduced their target price on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th. Telsey Advisory Group reiterated a “market perform” rating and set a $145.00 target price (down from $255.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Finally, Truist Financial lowered shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and lowered their target price for the company from $270.00 to $135.00 in a research note on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Hold” and a consensus target price of $170.22.

DICK’S Sporting Goods Price Performance

DICK’S Sporting Goods stock opened at $137.33 on Tuesday. The firm has a 50-day moving average price of $199.13 and a 200-day moving average price of $207.70. The firm has a market capitalization of $12.29 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.12. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. DICK’S Sporting Goods has a 12-month low of $120.40 and a 12-month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the company posted $4.38 earnings per share. The business’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities research analysts forecast that DICK’S Sporting Goods will post 11.73 EPS for the current year.

Insider Activity

In other DICK’S Sporting Goods news, Director Sandeep Mathrani purchased 1,550 shares of the stock in a transaction on Wednesday, August 26th. The stock was acquired at an average price of $128.89 per share, with a total value of $199,779.50. Following the completion of the acquisition, the director owned 11,136 shares in the company, valued at $1,435,319.04. The trade was a 16.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William J. Colombo purchased 913 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $133.19 per share, for a total transaction of $121,602.47. Following the purchase, the director directly owned 181,000 shares of the company’s stock, valued at approximately $24,107,390. The trade was a 0.51% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 29,563 shares of company stock worth $3,843,882. 28.91% of the stock is currently owned by insiders.

Institutional Trading of DICK’S Sporting Goods

A number of institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System increased its stake in DICK’S Sporting Goods by 20,961.0% during the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after purchasing an additional 15,802,896 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of DICK’S Sporting Goods during the second quarter worth $1,501,321,000. Bank of America Corp DE purchased a new stake in shares of DICK’S Sporting Goods during the second quarter valued at $1,024,000,000. State Street Corp grew its holdings in shares of DICK’S Sporting Goods by 17.7% during the third quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock valued at $579,226,000 after buying an additional 391,694 shares during the last quarter. Finally, Viking Global Investors LP acquired a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at $509,371,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods News Summary

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of stock after the recent decline, signaling that insiders view the lower share price as attractive. Director William J. Colombo separately bought 913 shares for about $121,600, increasing his position to 181,000 shares. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge SEC insider transaction filing
• Neutral Sentiment: Valuation-focused coverage highlights that DKS has fallen substantially and now offers a dividend yield near 4%, but argues investors should wait because earnings and integration risks remain unresolved. DICK’S Sporting Goods: Crashed 31% And Now Yielding Near 4%
• Negative Sentiment: Recent earnings showed weaker-than-expected results, while management reduced its consolidated non-GAAP operating-profit outlook and Foot Locker comparable-sales projections. Coverage says the Foot Locker integration is obscuring otherwise stronger core business performance. DICK’S Sporting Goods Securities Investigation Notice DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Kirby McInerney, Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld and Pomerantz, announced investigations into potential securities-law violations. The inquiries center on whether DICK’S adequately disclosed Foot Locker-related inventory, discounting and profit pressures. These announcements are largely investor-solicitation notices and do not establish wrongdoing, but they add legal and reputational overhang. DKS Shareholder Alert Kaplan Fox Investigation

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.