Dick's Sporting Goods
About: Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 730 stores under its namesake brand (including outlet stores and House of Sport), and about 140 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
Employees: 55,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 67
1% more funds holding
Funds holding: 676 [Q2] → 686 (+10) [Q3]
6% less call options, than puts
Call options by funds: $704M | Put options by funds: $747M
7% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 250
3.42% less ownership
Funds ownership: 93.8% [Q2] → 90.38% (-3.42%) [Q3]
7% less capital invested
Capital invested by funds: $11.7B [Q2] → $10.9B (-$806M) [Q3]
38% less funds holding in top 10
Funds holding in top 10: 13 [Q2] → 8 (-5) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley Simeon Gutman 51% 1-year accuracy 19 / 37 met price target | 9%upside $255 | Overweight Maintained | 21 Jan 2025 |
TD Cowen John Kernan 75% 1-year accuracy 45 / 60 met price target | 25%upside $294 | Buy Maintained | 8 Jan 2025 |
Truist Securities Scot Ciccarelli 63% 1-year accuracy 44 / 70 met price target | 10%upside $258 | Buy Maintained | 27 Nov 2024 |
Loop Capital Anthony Chukumba 33% 1-year accuracy 7 / 21 met price target | 4%downside $225 | Hold Maintained | 27 Nov 2024 |
UBS Michael Lasser 54% 1-year accuracy 19 / 35 met price target | 11%upside $260 | Buy Upgraded | 27 Nov 2024 |
Financial journalist opinion
Based on 19 articles about DKS published over the past 30 days