Dick's Sporting Goods (DKS) Tops Q1 EPS by 32c; offers guidance

Dick's Sporting Goods (DKS) PT Raised to $245 at Morgan Stanley

Morgan Stanley analyst Simeon Gutman raised the price target on Dick's Sporting Goods (NYSE: DKS) to $245.00 (from $235.00) while maintaining a Overweight rating.

The analyst comments "We stay OW rated DKS and are raising our PT to $245 (from $235). Risk/reward skews positively with ~35%/~25% upside/downside to our $310/$170 bull/bear cases and ~8%... More

Dick's Sporting Goods (DKS) PT Raised to $230 at Wells Fargo

Wells Fargo analyst Will Gaertner raised the price target on Dick's Sporting Goods (NYSE: DKS) to $230.00 (from $210.00) while maintaining a Equal Weight rating.

The analyst comments "1Q Thoughts. DKS delivered another impressive qtrSSS of 5.3% topped St's 2.5%
(buyside bar ~3%) driven by ticket +2.7% and... More

Dick's Sporting Goods (DKS) PT Raised to $230 at Citi

Citi analyst Paul Lejuez raised the price target on Dick's Sporting Goods (NYSE: DKS) to $230.00 (from $220.00) while maintaining a Neutral rating.

The analyst comments "1Q was another strong qtr against a tough sporting goods/athletic backdrop. 1Q comps of +5% were stronger than... More

Goldman Sachs Reiterates Buy Rating on Dick's Sporting Goods (DKS)

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $260.00 price target on Dick's Sporting Goods (NYSE: DKS)

The analyst comments "DKS 1Q adj. EPS came in above consensus ($3.30, vs. $2.95 Refinitiv consensus), led by SSS of +5.3%. We reiterate our Buy rating... More

Dick's Sporting Goods (DKS) PT Raised to $280 at Evercore ISI

Evercore ISI analyst Warren Cheng raised the price target on Dick's Sporting Goods (NYSE: DKS) to $280.00 (from $240.00) while maintaining a Outperform rating.

The analyst comments "DKS delivered a solid 1Q comp and GM beat, but we think the more meaningful takeaway... More

Dick's Sporting Goods (DKS) stock surges on raised outlook, BofA upgrades to Buy

(Updated - May 29, 2024 9:59 AM EDT)

Dick's Sporting Goods (NYSE: DKS) stock jumped more than 15% Wednesday after the company reported a robust first quarter with earnings and revenue exceeding analyst expectations, prompting the company to raise its full-year guidance.

The sporting goods retailer announced an adjusted EPS of $3.30, surpassing the consensus estimate of $2.98. Revenue for the quarter reached $3.02 billion, also beating the forecast of $2.94 billion. This performance represents a 6.2% increase in net sales compared to the same period last year, underlining the company's strong market position.

The company's first-quarter success... More