Williams Trading Upgrades Dick's Sporting Goods (DKS) to Buy, 'It's Good to be the King'

Dick's Sporting Goods (DKS) PT Raised to $243 at Truist Securities

Truist Securities analyst Scot Ciccarelli raised the price target on Dick's Sporting Goods (NYSE: DKS) to $243.00 (from $201.00) while maintaining a Buy rating.

The analyst comments "Dicks posted a strong 4Q beat as demand for sporting goods remains solid and its leading omni-channel offerings/premium shopping experience continue to drive... More

Dick's Sporting Goods (DKS) PT Raised to $210 at Wells Fargo, 'impressive'

Wells Fargo analyst Will Gaertner raised the price target on Dick's Sporting Goods (NYSE: DKS) to $210.00 (from $175.00) while maintaining a Equal Weight rating.

The analyst comments "DKS delivered an impressive 4Q. SSS of +2.8% topped St's 0.8% & hit high end of +LSD% buyside bar, driven by ticket... More

Dick's Sporting Goods (DKS) PT Raised to $250 at DA Davidson

DA Davidson analyst Michael Baker raised the price target on Dick's Sporting Goods (NYSE: DKS) to $250.00 (from $183.00) while maintaining a Buy rating.

The analyst comments "We cover 14 Retailing / Broadlines & Hardlines names within our group and with 4Q earnings season now... More

Dick's Sporting Goods (DKS) PT Raised to $240 at Evercore ISI, 'A New Multi-year Growth Driver Emerges'

Evercore ISI analyst Warren Cheng raised the price target on Dick's Sporting Goods (NYSE: DKS) to $240.00 (from $200.00) while maintaining a Outperform rating.

The analyst comments "DKS first-ever revenue and profit disclosures around its new House of Sport concept (which has clearly emerged as DKS next... More

Dick's Sporting Goods (DKS) PT Raised to $197 at JPMorgan

JPMorgan analyst Christopher Horvers raised the price target on Dick's Sporting Goods (NYSE: DKS) to $197.00 (from $180.00) while maintaining a Neutral rating.

The analyst comments "PMs Take: strong print, conservative guide, and ongoing momentum. DKS posted solid comp upside, 2.8% vs. Street 0.6% and essentially in line with our unchanged estimate into the print. On the EPS side, DKS beat by 16% at $3.85 and even beat our raised-into-the print/Street-high $3.62. On the guide, DKS took a page from the... More

Dick's Sporting Goods (DKS) PT Raised to $245 at Telsey

Telsey analyst Joseph Feldman raised the price target on Dick's Sporting Goods (NYSE: DKS) to $245.00 (from $195.00) while maintaining a Outperform rating.

The analyst comments "Dick's Sporting Goods delivered another impressive performance in 4Q23 that was much better than expected, and it provided solid, inline 2024 guidance. The 4Q23 comp was 2.8% and exceeded estimatesdespite facing... More

Dick's Sporting Goods (DKS) PT Raised to $226 at TD Cowen, 'We Remain Well Above Consensus Into FY25'

TD Cowen analyst John Kernan raised the price target on Dick's Sporting Goods (NYSE: DKS) to $226.00 (from $177.00) while maintaining a Outperform rating.

The analyst comments "We Remain Well Above Consensus Into FY25. FY24 SSS guidance of +1%-2% is above Consensus of... More

Increasing unusual put option volume: SOUN PTEN LAC UAA CMI SBSW ACB LQDA S ATMU DKS

Increasing unusual put option volume: SOUN PTEN LAC UAA CMI SBSW ACB LQDA S ATMU DKS

Increasing unusual option volume: SOUN PTEN BBAI LAC EGY BALL HEAR IQV FGEN DKS

Increasing unusual option volume: SOUN PTEN BBAI LAC EGY BALL HEAR IQV FGEN DKS

Midday movers: Tesla, Nvidia fall premarket; Robinhood, Dollar General rise

(Updated - March 14, 2024 11:25 AM EDT)

Investing.com -- Main U.S. indexes declined Thursday after data showed hotter-than-expected producer prices in February, sowing doubt about the timing of potential rate cuts from the Fed.

Here are some of the biggest U.S. stock movers today:

Tesla (NASDAQ: TSLA) stock fell 2.6% after UBS cut its target price on the EV manufacturer, citing downside risks to delivery forecasts.

Nvidia (NASDAQ: NVDA) stock... More

Dick's Sporting Goods (DKS) stock up on Q4 beat, dividend hike

Dick's Sporting Goods (NYSE: DKS) shares rose nearly 5% in premarket trading Thursday after the company reported better-than-expected fiscal Q4 earnings, revenue, and gross margin.

Moreover, the company issued an optimistic full-year earnings guidance and announced a dividend hike.

For the fiscal Q4 2023, the sporting goods... More

Dick's Sporting Goods (DKS) Tops Q4 EPS by 50c, Offers Guidance

Dick's Sporting Goods (NYSE: DKS) reported Q4 EPS of $3.85, $0.50 better than the analyst estimate of $3.35. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $3.78 billion.

GUIDANCE:

Dick's Sporting Goods sees FY2024 EPS of $12.85-$13.25, versus the... More

Dick's Sporting Goods (DKS) March 187.50 straddle priced into quarter results

Dick's Sporting Goods (NYSE: DKS) March 187.50 straddle priced for a move of 7.5% into the expected release of quarter results today before the bell.

Dick's Sporting Goods (DKS) call put ratio 1 call to 1.6 puts into quarter results

Dick's Sporting Goods (NYSE: DKS) March call option implied volatility is at 150, March weekly is at 47; compared to its 52-week range of 25 to 53 into the expected release of quarter results before the bell on March 14. Call put ratio 1 call to 1.6 puts.

Stocks expected to have increasing option volume: DKS DLTR WSM ADBE S DG ULTA

Stocks expected to have increasing option volume: DKS DLTR WSM ADBE S DG ULTA

Dick's Sporting Goods (DKS) call put ratio 1 call to 2.5 puts into quarter results

Dick's Sporting Goods (NYSE: DKS) March call option implied volatility is at 125, March weekly is at 47; compared to its 52-week range of 25 to 53 into the expected release of quarter results before the bell on March 14. Call put ratio 1 call to 2.5 puts.

Dick's Sporting Goods (DKS) PT Raised to $185 at Baird, 'even after this re-rating shares are still relatively inexpensive'

(Updated - March 12, 2024 10:41 AM EDT)

Baird analyst Peter S. Benedict raised the price target on Dick's Sporting Goods (NYSE: DKS) to $185.00 (from $145.00) while maintaining a Neutral rating.

The analyst commented: "4Q expectations look achievable, and we think initial FY24 guidance... More