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In a report issued on May 4, Sam Poser from Susquehanna reiterated a Buy rating on Dick’s Sporting Goods (NYSE: DKS), with a price target of $41. The company’s shares closed on Friday at $31.64.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 7.7% and a 56.8% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Dick’s Sporting Goods has an analyst consensus of Hold, with a price target consensus of $35.17.
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Based on Dick’s Sporting Goods’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $2.66 billion and quarterly net profit of $116 million. In comparison, last year the company earned revenue of $1.83 billion and had a net profit of $58.2 million.
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Dick’s Sporting Goods, Inc. engages in the retail of extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.
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