DICK’S Sporting Goods (NYSE:DKS) Downgraded by Zacks Research to Strong Sell

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

Several other equities research analysts also recently weighed in on DKS. Truist Financial downgraded shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and reduced their target price for the company from $270.00 to $135.00 in a research note on Wednesday, August 26th. Bank of America dropped their price target on DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Morgan Stanley cut their price objective on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday, August 26th. The Goldman Sachs Group reduced their target price on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Finally, Barclays decreased their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $170.22.

DICK’S Sporting Goods Trading Up 3.3%

Shares of DKS opened at $137.33 on Tuesday. The stock has a market capitalization of $12.29 billion, a PE ratio of 14.75, a P/E/G ratio of 1.54 and a beta of 1.12. The company’s fifty day moving average is $199.13 and its 200 day moving average is $207.70. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods has a fifty-two week low of $120.40 and a fifty-two week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings data 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 business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the business earned $4.38 EPS. DICK’S Sporting Goods’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Sell-side analysts expect that DICK’S Sporting Goods will post 11.73 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Sandeep Mathrani bought 1,550 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the purchase, the director directly owned 11,136 shares in the company, valued at approximately $1,435,319.04. This trade represents a 16.17% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William J. Colombo bought 5,000 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were acquired at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the completion of the transaction, the director directly owned 178,987 shares in the company, valued at approximately $23,039,206.64. This trade represents a 2.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 29,563 shares of company stock valued at $3,843,882. 28.91% of the stock is currently owned by company insiders.

Institutional Trading of DICK’S Sporting Goods

Several large investors have recently made changes to their positions in the company. Jacobi Capital Management LLC grew its holdings in shares of DICK’S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after buying an additional 51 shares in the last quarter. Lido Advisors LLC lifted its holdings in DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after acquiring an additional 51 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of DICK’S Sporting Goods by 2.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock valued at $453,000 after purchasing an additional 54 shares during the last quarter. PCB Capital LLC boosted its stake in DICK’S Sporting Goods by 1.5% during the first quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock worth $715,000 after buying an additional 55 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of DICK’S Sporting Goods by 5.9% during the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock worth $194,000 after purchasing an additional 55 shares during the period. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Key DICK’S Sporting Goods News

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.