Professional
Added to YB: 2024-07-03
Pitch date: 2024-06-24
DKS [bullish]
DICK'S Sporting Goods, Inc.
-35.6%
current return
Author Info
No bio for this author
Company Info
DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States.
Market Cap
$12.1B
Pitch Price
$218.69
Price Target
252.00 (+79%)
Dividend
3.66%
EV/EBITDA
5.58
P/E
14.59
EV/Sales
0.91
Sector
Specialty Retail
Category
growth
DICK'S Sporting Goods, Inc.: Raising target price to $252 from $240
DKS: Buy, $252 PT. Strong Q1, raising FY25 EPS to $13.40. Impressive remodeled stores w/ golf simulators. 5.3% comp sales growth. Margin structure improved post-pandemic. Private brands 13% of sales, 600-800bps higher margin. 7M new customers in FY24. 10% dividend hike reflects confidence. 1.9% yield, 32% 5yr CAGR. Risks: competition, economic sensitivity.
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