DICK’S Sporting Goods (NYSE:DKS – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 13.550-13.900 for the period, compared to the consensus earnings per share estimate of 13.790. The company issued revenue guidance of $13.1 billion-$13.2 billion, compared to the consensus revenue estimate of $13.2 billion. DICK’S Sporting Goods also updated its FY25 guidance to $13.55-$13.90 EPS.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. UBS Group upped their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the company a neutral rating in a report on Monday, August 26th. Wedbush increased their target price on shares of DICK’S Sporting Goods from $230.00 to $250.00 and gave the stock a neutral rating in a research report on Wednesday, August 28th. Barclays boosted their price target on shares of DICK’S Sporting Goods from $231.00 to $247.00 and gave the company an overweight rating in a report on Thursday, May 30th. Evercore ISI increased their price objective on DICK’S Sporting Goods from $240.00 to $280.00 and gave the stock an outperform rating in a report on Thursday, May 30th. Finally, Telsey Advisory Group boosted their target price on DICK’S Sporting Goods from $255.00 to $260.00 and gave the company an outperform rating in a research note on Friday, August 30th. Ten research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and an average price target of $242.67.
View Our Latest Stock Analysis on DICK’S Sporting Goods
DICK’S Sporting Goods Stock Down 2.0 %
Insider Buying and Selling
In other DICK’S Sporting Goods news, Director Desiree Ralls-Morrison sold 3,489 shares of the firm’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $206.65, for a total value of $721,001.85. Following the sale, the director now owns 5,609 shares of the company’s stock, valued at approximately $1,159,099.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 32.03% of the stock is owned by insiders.
DICK’S Sporting Goods Company Profile
DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.
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