Dick’s Sporting Goods Inc – Consensus Indicates Potential 19.7% Upside

Broker Ratings
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Dick’s Sporting Goods Inc with ticker code (DKS) have now 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 160 and 100 calculating the mean target price we have 125.06. With the stocks previous close at 104.46 this now indicates there is a potential upside of 19.7%. The 50 day moving average now sits at 104.62 while the 200 day moving average is 100.55. The company has a market capitalisation of $8,097m. Visit the company website at: https://www.dickssportinggoods.com

The potential market cap would be $9,694m based on the market concensus.

DICK’S Sporting Goods, together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. It also owns and operates Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone!, and other specialty concept stores; and DICK’S House of Sports and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile application for video streaming, scorekeeping, scheduling, and communications. The company sells its product through e-commerce websites and mobile applications. As of January 29, 2022, it operated 730 DICK’S Sporting Goods stores. The company was formerly known as Dick’S Clothing and Sporting Goods and changed its name to DICK’S Sporting Goods in April 1999. DICK’S Sporting Goods was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania.

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