Telsey Advisory Group Downgrades DICK’S Sporting Goods (NYSE:DKS) to Hold

DICK’S Sporting Goods (NYSE:DKS) was downgraded by analysts at Telsey Advisory Group from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. Guggenheim reissued a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday. Jefferies Financial Group set a $171.00 price target on DICK’S Sporting Goods in a report on Tuesday. The Goldman Sachs Group reduced their price objective on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday. BNP Paribas Exane restated an “underperform” rating and set a $99.00 price objective on shares of DICK’S Sporting Goods in a research note on Wednesday. Finally, KGI Securities downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target for the company. in a report on Wednesday. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Moderate Buy” and an average price target of $180.06.

DICK’S Sporting Goods Stock Performance

DICK’S Sporting Goods stock opened at $130.02 on Wednesday. The company has a market cap of $11.64 billion, a PE ratio of 13.97, a P/E/G ratio of 1.34 and a beta of 1.21. The company has a fifty day moving average price of $209.22 and a two-hundred day moving average price of $210.11. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.38. DICK’S Sporting Goods has a 12 month low of $120.40 and a 12 month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $4.38 earnings per share. The firm’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Research analysts expect that DICK’S Sporting Goods will post 11.5 earnings per share for the current year.

Institutional Investors Weigh In On DICK’S Sporting Goods

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brown Financial Advisors acquired a new stake in DICK’S Sporting Goods in the second quarter worth approximately $201,000. HighTower Advisors LLC increased its position in shares of DICK’S Sporting Goods by 34.7% during the 2nd quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer’s stock valued at $62,574,000 after purchasing an additional 71,001 shares during the period. California State Teachers Retirement System increased its position in shares of DICK’S Sporting Goods by 20,961.0% during the 2nd quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after purchasing an additional 15,802,896 shares during the period. Alan B Lancz & Associates Inc. bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter worth $227,000. Finally, HB Wealth Management LLC boosted its stake in DICK’S Sporting Goods by 24.8% during the second quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer’s stock valued at $468,000 after buying an additional 410 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: Analysts continue to view the selloff as an opportunity: Bank of America, DA Davidson and BTIG all maintained Buy ratings while lowering their price targets to $200, $205 and $180, respectively. These targets imply substantial potential upside from current levels. Analyst price-target updates
• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management retained its comparable-sales outlook for the DICK’S business. DICK’S second-quarter results
• Positive Sentiment: DICK’S declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11, supporting the stock’s income appeal. DICK’S dividend announcement
• Neutral Sentiment: Unusually high options activity and commentary that sellers may have capitulated suggest elevated trading interest and the possibility of a technical bounce, but also indicate unusually high volatility. DICK’S options activity
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed consensus estimates, while EPS declined from $4.38 a year earlier. DICK’S earnings miss
• Negative Sentiment: Foot Locker comparable sales fell 3.6% as athletic footwear became more promotional. Higher discounts, integration costs and other expenses led management to cut operating-income expectations for both businesses and reduce fiscal 2026 EPS guidance to $11-$12, well below analyst expectations. DICK’S guidance reduction
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the guidance reduction and stock collapse. These notices may add reputational and legal overhang, although no wrongdoing has been established. DICK’S investor investigation notice

About DICK’S Sporting Goods

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.