Deep Dive Into Dick's Sporting Goods Stock: Analyst Perspectives (7 Ratings)

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Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Dick's Sporting Goods DKS in the last three months.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 2 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 1 1 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $261.71, with a high estimate of $294.00 and a low estimate of $225.00. Marking an increase of 5.83%, the current average surpasses the previous average price target of $247.29.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Dick's Sporting Goods. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christopher Graja Argus Research Raises Buy $280.00 $255.00
Simeon Gutman Morgan Stanley Raises Overweight $255.00 $245.00
John Kernan TD Cowen Raises Buy $294.00 $270.00
Scot Ciccarelli Truist Securities Raises Buy $258.00 $256.00
Anthony Chukumba Loop Capital Raises Hold $225.00 $220.00
Michael Lasser UBS Raises Buy $260.00 $225.00
Joseph Feldman Telsey Advisory Group Maintains Outperform $260.00 $260.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dick's Sporting Goods. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dick's Sporting Goods compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Dick's Sporting Goods's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Dick's Sporting Goods's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Dick's Sporting Goods analyst ratings.

Delving into Dick's Sporting Goods's Background

Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 730 stores under its namesake brand (including outlet stores and House of Sport), and about 140 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.

Financial Milestones: Dick's Sporting Goods's Journey

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Dick's Sporting Goods displayed positive results in 3 months. As of 31 October, 2024, the company achieved a solid revenue growth rate of approximately 0.49%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Dick's Sporting Goods's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.45% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 7.61%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.23%, the company showcases effective utilization of assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.47, caution is advised due to increased financial risk.

The Basics of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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