Dick's Sporting Goods (DKS) AI Stock Analysis

• Market Cap: $18.60B
• Dividend Yield: 2.29%
• Average Volume (3M): 1.31M
• Price to Earnings (P/E): 16.7
• Beta (1Y): 1.26
• Revenue Growth: 10.86%
• EPS Growth: -11.63%
• Country: US
• Employees: 18,600
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 2.07
• Shares Outstanding: 66,105,690
• 10 Day Avg. Volume: 2,088,117
• 30 Day Avg. Volume: 1,306,388
• PEG Ratio: 1.20
• Price to Book (P/B): 6.04
• Price to Sales (P/S): 1.44
• P/FCF Ratio: 37.93
• Enterprise Value/Market Cap: 1.41
• Enterprise Value/Revenue: 1.76
• Enterprise Value/Gross Profit: 4.98
• Enterprise Value/Ebitda: 15.11
• 1Y Price Target: $244.44
• Price Target Upside: 17.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18
• EPS Forecast (FY): 13.08
• Revenue Forecast (FY): $13.99B

• Rating: 67 Neutral
• Price Target: $224.00 ▲(8.00% Upside)

Dick's Sporting Goods' overall stock score reflects a balance of strong revenue growth and strategic expansion efforts, tempered by challenges in profitability and cash flow. The company's valuation is attractive, and while technical indicators suggest a bearish trend, the earnings call highlights potential for future growth, particularly with the integration of Foot Locker. The high leverage and cash flow concerns are significant risks that need to be managed effectively.

Positive Factors

Revenue Growth

The consistent increase in comparable sales indicates strong demand and effective sales strategies, supporting long-term revenue growth.

Cash Generation

Strong cash generation enhances financial flexibility, enabling investment in growth opportunities and resilience against economic downturns.

Store Expansion

Expanding store locations increases market presence and customer reach, potentially driving higher sales and brand recognition.

Negative Factors

Foot Locker Challenges

Declining sales at Foot Locker highlight integration challenges, which could strain resources and impact profitability if not addressed.

Inventory Issues

Inventory challenges can lead to increased costs and reduced margins, impacting financial performance and operational efficiency.

High CapEx

High capital expenditures could pressure cash flow and limit financial flexibility, potentially affecting future investment capacity.

Dick's Sporting Goods Business Overview & Revenue Model

Company Description

DICK'S Sporting Goods, Inc., 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, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania.

How the Company Makes Money

Dick's Sporting Goods generates revenue primarily through the sale of sporting goods, apparel, and equipment in its retail stores and online. The company has a diverse revenue model that includes direct sales from its brick-and-mortar locations and e-commerce platform. Key revenue streams include sales of branded athletic footwear, clothing, and accessories from popular brands such as Nike, Adidas, and Under Armour, as well as its private-label products. The company also benefits from a loyalty program that encourages repeat purchases. Additionally, Dick's engages in partnerships with sports leagues and teams, which can drive sales through exclusive merchandise and promotions. Seasonal events, such as back-to-school and holiday sales, further contribute to revenue fluctuations, while the growth of its e-commerce capabilities has enhanced its market reach and profitability.

Dick's Sporting Goods Financial Statement Overview

Summary

Dick's Sporting Goods demonstrates strong revenue growth and effective equity utilization, but faces challenges with declining profit margins and cash flow generation. The high leverage requires careful management to mitigate financial risks. The company is well-positioned in terms of growth but needs to address profitability and cash flow concerns to sustain long-term financial health.

Income Statement

Dick's Sporting Goods shows a strong revenue growth rate of 8.06% TTM, indicating robust sales performance. However, the net profit margin has decreased to 6.86% TTM from 8.67% in the previous annual report, suggesting some pressure on profitability. The gross profit margin remains stable at 35.33% TTM, reflecting efficient cost management. Overall, the income statement reflects solid growth but with some margin compression.

Balance Sheet

The company's debt-to-equity ratio is relatively high at 1.39 TTM, indicating significant leverage, which could pose a risk if not managed properly. However, the return on equity is strong at 26.99% TTM, showcasing effective use of equity to generate profits. The equity ratio stands at 31.68% TTM, suggesting a balanced capital structure. The balance sheet reflects a mix of high leverage and strong equity returns.

Cash Flow

Free cash flow has significantly declined by 69.80% TTM, raising concerns about cash generation. The operating cash flow to net income ratio is 0.30 TTM, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is 0.33 TTM, showing limited free cash flow relative to net income. Overall, the cash flow statement highlights challenges in maintaining cash flow levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.88B	13.44B	12.98B	12.37B	12.29B	9.58B
Gross Profit	5.26B	4.83B	4.53B	4.28B	4.71B	3.05B
EBITDA	1.73B	1.97B	1.77B	1.84B	2.37B	1.09B
Net Income	1.02B	1.17B	1.05B	1.04B	1.52B	530.25M
Balance Sheet
Total Assets	17.43B	10.46B	9.31B	8.99B	9.04B	7.75B
Cash, Cash Equivalents and Short-Term Investments	821.33M	1.69B	1.80B	1.92B	2.64B	1.66B
Total Debt	7.70B	4.49B	4.26B	4.21B	4.51B	3.15B
Total Liabilities	11.91B	7.26B	6.69B	6.47B	6.94B	5.41B
Stockholders Equity	5.52B	3.20B	2.62B	2.52B	2.10B	2.34B
Cash Flow
Free Cash Flow	140.39M	509.27M	939.91M	557.81M	1.31B	1.33B
Operating Cash Flow	1.17B	1.31B	1.53B	921.88M	1.62B	1.55B
Investing Cash Flow	-900.60M	-796.56M	-614.68M	-392.89M	-343.98M	-224.16M
Financing Cash Flow	-905.07M	-626.13M	-1.04B	-1.25B	-287.72M	260.06M

Dick's Sporting Goods Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 207.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DKS, the sentiment is Negative. The current price of 207.41 is below the 20-day moving average (MA) of 214.28, below the 50-day MA of 221.87, and above the 200-day MA of 206.08, indicating a neutral trend. The MACD of -4.70 indicates Positive momentum. The RSI at 39.75 is Neutral, neither overbought nor oversold. The STOCH value of 31.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DKS.

Dick's Sporting Goods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BBY	69 Neutral	$17.01B	26.74	22.49%	4.76%	-0.95%	-48.28%
DKS	67 Neutral	$18.60B	16.68	23.79%	2.29%	10.86%	-11.63%
ASO	65 Neutral	$3.21B	9.04	18.42%	1.04%	-2.20%	-17.95%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BBWI	57 Neutral	$3.56B	5.34	―	4.61%	-1.04%	-20.88%
CHWY	54 Neutral	$14.20B	96.56	34.48%	―	9.04%	-56.79%
SPWH	48 Neutral	$81.86M	―	-16.56%	―	-2.92%	-8.22%

Dick's Sporting Goods Corporate Events

DICK’S Sporting Goods Reports Strong Q3, Raises 2025 Outlook

DICK’S Sporting Goods, Inc., a prominent player in the global sports retail industry, operates a variety of retail banners including DICK’S Sporting Goods, Golf Galaxy, and the newly acquired Foot Locker. The company is known for its comprehensive range of sporting goods and its commitment to enhancing the athlete experience.

Dick’s Sporting Goods Declares Quarterly Dividend

On November 24, 2025, Dick’s Sporting Goods declared a quarterly dividend of $1.2125 per share, payable on December 26, 2025. The company reported strong third-quarter results with a 5.7% increase in comparable sales for its Dick’s Business and raised its full-year 2025 guidance. The acquisition of Foot Locker was completed, positioning the company as a global leader in sports retail, although it anticipates future pre-tax charges related to integration costs.

The most recent analyst rating on (DKS) stock is a Hold with a $234.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

Dick’s Sporting Goods Completes Exchange Offer with Foot Locker

On September 11, 2025, Dick’s Sporting Goods completed an exchange offer and consent solicitation involving Foot Locker’s 4.000% Senior Notes due 2029. This move allowed Dick’s to issue $381,932,000 in new notes, which will mature in 2029, while retiring a significant portion of Foot Locker’s existing notes. The exchange offer was not registered under the Securities Act, and Dick’s entered into a registration rights agreement to facilitate future exchanges of these notes. This strategic financial maneuver is expected to impact the company’s financial structure and stakeholder interests.

The most recent analyst rating on (DKS) stock is a Buy with a $280.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

Dick’s Sporting Goods Completes Acquisition of Foot Locker

On September 8, 2025, DICK’S Sporting Goods completed its acquisition of Foot Locker, positioning itself as a global leader in the sports retail industry. This merger expands DICK’S operational footprint to over 3,200 stores across 20 countries, enhancing its market reach and brand partnerships. The transaction is expected to yield significant cost synergies and boost earnings per share in Fiscal Year 2026. A new leadership team has been appointed to drive growth and turnaround strategies for Foot Locker, with Ann Freeman leading North America operations.

The most recent analyst rating on (DKS) stock is a Buy with a $256.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

Dick’s Sporting Goods Completes Acquisition of Foot Locker

On June 20, 2025, DICK’S Sporting Goods finalized the necessary amendments to acquire Foot Locker, Inc., making it a wholly owned subsidiary. This strategic merger, supported by a reduced $1.75 billion bridge loan facility, positions DICK’S as a stronger player in the sporting goods market, with the merger expected to be accounted for as a business combination under U.S. GAAP.

The most recent analyst rating on (DKS) stock is a Buy with a $246.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

DICK’S Sporting Goods Nears Foot Locker Acquisition Completion

On September 2, 2025, DICK’S Sporting Goods and Foot Locker announced the preliminary results of shareholder elections concerning the form of consideration for Foot Locker’s acquisition by DICK’S. The majority of Foot Locker shareholders, about 92.6%, opted for stock consideration, while 1.2% chose cash. The merger is expected to finalize on September 8, 2025, pending customary conditions, potentially impacting the sporting goods retail landscape significantly.

The most recent analyst rating on (DKS) stock is a Buy with a $246.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

Dick’s Sporting Goods Q2 Earnings Call Highlights

The recent earnings call for Dick’s Sporting Goods Inc. was marked by a positive sentiment, driven by strong second-quarter results and an optimistic outlook for the full year. The company highlighted its strategic growth initiatives, including the expansion of House of Sport and Fieldhouse locations, and the pending acquisition of Foot Locker. Despite some concerns regarding SG&A expense deleverage, inventory levels, and potential tariff impacts, the overall tone remained upbeat, buoyed by the company’s impressive performance and strategic plans.

DICK’S Sporting Goods Reports Strong Q2 and Raises 2025 Outlook

DICK’S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer based in the United States, known for its extensive range of sports equipment, apparel, and footwear, as well as its unique store concepts like House of Sport and Field House locations.

Dick’s Sporting Goods Announces Quarterly Dividend

On August 27, 2025, Dick’s Sporting Goods announced a quarterly dividend of $1.2125 per share, payable on September 26, 2025. The company reported record second-quarter sales with a 5% growth in comparable sales, leading to a raised full-year 2025 guidance for sales growth and earnings per share. The company also highlighted its strategic momentum and successful execution of long-term strategies, including the anticipated closure of the Foot Locker acquisition on September 8.

The most recent analyst rating on (DKS) stock is a Buy with a $230.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.

DICK’S Sporting Goods Awaits Merger with Foot Locker

On August 26, 2025, DICK’S Sporting Goods and Foot Locker announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for DICK’S acquisition of Foot Locker, with the merger expected to close on September 8, 2025. Foot Locker shareholders have until August 29, 2025, to elect their preferred form of merger consideration, either cash or shares of DICK’S Sporting Goods, with specific deadlines for participants in certain Foot Locker plans.

The most recent analyst rating on (DKS) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Dick’s Sporting Goods stock, see the DKS Stock Forecast page.