Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessArgus Raises Dick's Sporting Goods Price Target Following Strong Q1 Earnings

Argus Raises Dick’s Sporting Goods Price Target Following Strong Q1 Earnings

Add to Favorite
Added to Favorite


Argus analysts increased their price target for Dick’s Sporting Goods (NYSE:DKS) to $252 from $240, while maintaining a Buy rating.
The analysts’ update follows stronger-than-expected Q1 earnings for Dick’s Sporting Goods. They raised the fiscal 2025 EPS estimate to $13.40 from $13.10, with a slight increase in Q2 estimate due to higher sales. Q3 and Q4 estimates remain unchanged. The consensus estimate stands at $13.75. Additionally, the analysts increased the 2026 EPS estimate to $14.40 from $14.00, reflecting an anticipated 3% rise in comparable sales, a reduction in share count, and an improved gross margin estimate.
The analysts also highlighted their visit to a recently remodeled Dick’s Sporting Goods store, where they were impressed by the enhanced shopping experience, which includes features like a golf simulator and batting cage. These new store formats provide a better platform for manufacturers to showcase their products based on performance rather than price alone.
In the company’s Annual Report, Dick’s Sporting Goods noted a recent 10% increase in the quarterly dividend, underscoring their strong confidence in the business and commitment to delivering shareholder value. Over the past five years, the company has raised the dividend at a compound annual rate of 32%.

Subscribe to get Latest News Updates

Latest News

You may like more
more