Dick’s Sporting Goods raises annual outlook on the back of solid Q2; shares up

Williams Trading on Dick's Sporting Goods (DKS): 'Come on, Buy the Noise'

Williams Trading analyst Sam Poser reiterated a Buy rating and $250.00 price target on Dick's Sporting Goods (NYSE: DKS).

The analyst comments "Buy DKS. While we believe that there are many things that Dick's can do better, today's reaction negative reaction to... More

Dick's Sporting Goods (DKS) PT Raised to $250 at BofA Securities

BofA Securities analyst Robert Ohmes raised the price target on Dick's Sporting Goods (NYSE: DKS) to $250.00 (from $240.00) while maintaining a Buy rating.

The analyst comments "DKS reported F2Q25 adj. EPS of $4.37 (vs. Street $3.86) which included a $0.30 benefit from fiscal calendar shift. Same-store sales... More

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

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $261.00 price target on Dick's Sporting Goods (NYSE: DKS)

The analyst comments "DKS 2Q adj. EPS came in above consensus ($4.37, vs. $3.83 Refinitiv consensus), led by SSS of +4.5%. The DKS stock closed down ~5%... More

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

Citi analyst Paul Lejuez lowered the price target on Dick's Sporting Goods (NYSE: DKS) to $230.00 (from $243.00) while maintaining a Neutral rating.

The analyst comments "While 2Q was another solid qtr, with comps +4.5%, GM+230bps and F24 guidance raised from $13.35-13.75 to $13.55-13.90,... More

Telsey Reiterates Outperform Rating on Dick's Sporting Goods (DKS)

Telsey analyst Joseph Feldman reiterated an Outperform rating and $260.00 price target on Dick's Sporting Goods (NYSE: DKS)

The analyst comments "TAG View: Dick's Sporting Goods reported another impressive performance in 2Q24 that was much better than anticipated, and the company raised its already-solid 2024 guidance. Dick's delivered a big 2Q24 beat with EPS growing 55%... More

Dick's Sporting Goods (DKS) PT Raised to $225 at Jefferies

Jefferies analyst Jonathan Matuszewski raised the price target on Dick's Sporting Goods (NYSE: DKS) to $225.00 (from $221.00) while maintaining a Hold rating.

The analyst comments "Shares are recovering from this morning's open, now trading down ~6% as investors digest 2Q's beat & raise. 2H comps and... More

Telsey Reiterates Outperform Rating on Dick's Sporting Goods (DKS)

Telsey analyst Joseph Feldman reiterated an Outperform rating and $260.00 price target on Dick's Sporting Goods (NYSE: DKS).

The analyst comments "TAG View: Dick's Sporting Goods had a much better-than-anticipated 2Q24, as the company executed superbly despite a challenging consumer environmentcomp of 4.5% vs. our target of 3.5% and the FactSet (FS) consensus of 3.4% and an operating margin of 13.5% vs. TAG at 12.0% and FS at 12.2%. The resulting beat on 2Q24 EPS... More

Truist Securities Reiterates Buy Rating on Dick's Sporting Goods (DKS)

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $256.00 price target on Dick's Sporting Goods (NYSE: DKS).

The analyst comments "Net/net DKS shares are up ~2% pre-market on a solid beat across the board: comps of +4.5% beat our/Streets 3.5%E, and sales were ~in line with reads from our Truist Card Data. Critically, gross margins of 36.7% handily beat Streets 35.8%E and expanded 230bps YOY. The strong performance... More

Dick's Sporting Goods (DKS) Tops Q2 EPS by 54c, Offers Guidaance

Dick's Sporting Goods (NYSE: DKS) reported Q2 EPS of $4.37, $0.54 better than the analyst estimate of $3.83. Revenue for the quarter came in at $3.47 billion versus the consensus estimate of $3.44 billion.

GUIDANCE:

Dick's Sporting Goods sees FY2025 EPS of $13.55-$13.90, versus the... More