Wedbush Analysts Provide Insight on DICK'S Sporting Goods Q1 2025 Earnings Forecast

Market analysts from Wedbush have recently shared their projections for DICK'S Sporting Goods, Inc.'s (NYSE:DKS) earnings for the first quarter of 2025. Wedbush analyst S. Basham anticipates that the renowned sporting goods retailer will report earnings of $3.02 per share for the quarter. Currently, the firm has assigned DICK'S Sporting Goods a 'Neutral' rating and set a price target of $130 on the stock. This estimate comes amidst broader analyst expectations, which place the company's full-year earnings at $12.42 per share.

Quarterly Earnings Predictions

Not stopping at the first quarter, Wedbush also estimates earnings for subsequent quarters of 2025, projecting $3.31 per share for Q2, $3.12 for Q3, and $3.41 for Q4. These predictions contribute to a broader analysis by various financial experts regarding DICK'S Sporting Goods future performance.

Analyst Ratings and Price Targets

Other financial analysts have also weighed in on DICK'S Sporting Goods' prospective performance. Notable updates include Wells Fargo & Company's price target increase from $125 to $175 with an 'equal weight' rating, and Telsey Advisory Group's target price lift from $160 to $195, labeling the stock as 'outperform.' Robert W. Baird, Truist Financial, and Morgan Stanley have similarly adjusted their price targets upwards, reflecting an optimistic outlook on the company's stock market trajectory. The aggregate of analyst opinions sourced from MarketBeat.com suggests a consensus 'Hold' rating with an average price target of $146.69.

Company's Financial Standing

DICK'S Sporting Goods opened trading at $216.97, a significant rise marked by a robust financial structure evidenced by a quick ratio of 0.56, a current ratio of 1.65, and a debt-to-equity ratio of 0.62. Over the past year, the stock has swung between a low of $100.98 and a high of $222.92. Additionally, the company's market capitalization stands strong at $17.74 billion, with its performance metrics including a price-to-earnings ratio of 19.36. Institutional investments have shown fluctuating interests, with firms like Victory Capital Management Inc. and Norges Bank making substantial new investments, while entities such as BlackRock Inc. and AQR Capital Management LLC have increased their stake in the retailer.

Corporate and Insider Movements

On the corporate front, information has been disclosed regarding transactional activities of company directors, with Lawrence J. Schorr selling 3,174 shares of the firm's stock. Insiders hold a significant portion of the company's stock, making up 30.79% of ownership. Institutional investors too have played a part in modifying their stock holdings, carrying out significant acquisitions and sales that impact the company's stock movement.

About the Retailer

DICK'S Sporting Goods, with its subsidiaries, operates as a leading sporting goods retailer in the United States. The company's offerings span across a wide range of categories including sports equipment, fitness gear, golf equipment, hunting and fishing products, as well as apparel, footwear, and accessories.

Wedbush, Earnings, Forecast