Dick's Sporting Goods Option Alert: Jun 20 $220 Puts Sweep (39) near the Bid: 491 vs 615 OI

Dick's Sporting Goods Option Alert: Jun 20 $220 Puts Sweep (39) near the Bid: 491 @ $25.201 vs 615 OI; Ref=$204.43

Dick's Sporting Goods (NYSE:DKS) Stock

Dick's Sporting Goods

Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 720 stores under its namesake brand (including outlet stores and House of Sport), and about 130 specialty stores under the Golf Galaxy and other nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.

Dick's Sporting Goods Inc

Dakshidin Corp

DKSH HOLDING LTD ORD by DKSH Holdings Ltd.

DKSH Holding Ltd

DAIICHIKOSHO CO LTD by Daiichikosho Co Ltd.

Daiichikosho Co Ltd

DKSH HOLDINGS LTD U/ADR by DKSH Holdings Ltd.

DKSH HOLDINGS MALAYSIA by DKSH Holdings Malaysia BHD

DKSH Holdings Malaysia Bhd

In the current market session, Dick's Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) price is at $184.44, after a 0.05% increase. However, over the past month, the stock decreased by 11.14%, and in the past year, by 10.38%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1745506858_0.png" alt="Past Year Chart" />

<h3>Evaluating Dick's Sporting Goods P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Dick's Sporting Goods has a lower P/E than the aggregate P/E of 35.99 of the Specialty Retail industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1745506858_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

News

Intraday Update

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Price Over Earnings Overview: Dick's Sporting Goods

Dick's Sporting Goods's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) short percent of float has risen 13.12% since its last report. The company recently reported that it has 4.66 million shares sold short, which is 11.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.99 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Dick's Sporting Goods Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745265633_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Dick's Sporting Goods has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Dick's Sporting Goods's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Dick's Sporting Goods's peer group average for short interest as a percentage of float is 13.18%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

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What Does the Market Think About Dick's Sporting Goods?

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Select Sector SPDR-Consumer Discretionary

Shares of companies within the broader consumer discretionary sector are trading lower amid overall market weakness and investor concerns over deteriorating trade relationships.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$250.00</td>
<td>$61.1K</td>
<td>23.5K</td>
<td>57.5K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$180.00</td>
<td>$38.2K</td>
<td>23.4K</td>
<td>7.3K</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$75.00</td>
<td>$100.0K</td>
<td>552</td>
<td>625</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$37.50</td>
<td>$27.5K</td>
<td>17.7K</td>
<td>430</td>
</tr>
<tr>
<td>CMG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$44.00</td>
<td>$76.5K</td>
<td>1.4K</td>
<td>253</td>
</tr>
<tr>
<td>NCLH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$16.00</td>
<td>$36.1K</td>
<td>1.8K</td>
<td>224</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$185.00</td>
<td>$35.0K</td>
<td>2.4K</td>
<td>21</td>
</tr>
<tr>
<td>CROX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$60.00</td>
<td>$29.3K</td>
<td>10</td>
<td>10</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$2200.00</td>
<td>$50.5K</td>
<td>0</td>
<td>6</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$135.00</td>
<td>$29.7K</td>
<td>2.6K</td>
<td>2</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on April 17, 2025. Parties traded 111 contract(s) at a $250.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $61.1K, with a price of $553.0 per contract. There were 23583 open contracts at this strike prior to today, and today 57577 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on April 17, 2025. Parties traded 160 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $38.2K, with a price of $239.0 per contract. There were 23415 open contracts at this strike prior to today, and today 7338 contract(s) were bought and sold. 
• For CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we notice a put option trade that happens to be bearish, expiring in 31 day(s) on May 16, 2025. This event was a transfer of 500 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $100.0K, with a price of $200.0 per contract. There were 552 open contracts at this strike prior to today, and today 625 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a put option sweep that happens to be bearish, expiring in 66 day(s) on June 20, 2025. This event was a transfer of 86 contract(s) at a $37.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $320.0 per contract. There were 17706 open contracts at this strike prior to today, and today 430 contract(s) were bought and sold. 
• Regarding CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we observe a put option sweep with bullish sentiment. It expires in 276 day(s) on January 16, 2026. Parties traded 225 contract(s) at a $44.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $76.5K, with a price of $340.0 per contract. There were 1419 open contracts at this strike prior to today, and today 253 contract(s) were bought and sold. 
• Regarding NCLH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), we observe a put option trade with bullish sentiment. It expires in 157 day(s) on September 19, 2025. Parties traded 163 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $222.0 per contract. There were 1800 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a put option trade with bullish sentiment. It expires in 66 day(s) on June 20, 2025. Parties traded 20 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $1750.0 per contract. There were 2469 open contracts at this strike prior to today, and today 21 contract(s) were bought and sold. 
• For CROX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>), we notice a call option trade that happens to be neutral, expiring in 2 day(s) on April 17, 2025. This event was a transfer of 10 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $29.3K, with a price of $2933.0 per contract. There were 10 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold. 
• Regarding MELI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), we observe a call option trade with bullish sentiment. It expires in 45 day(s) on May 30, 2025. Parties traded 5 contract(s) at a $2200.00 strike. The total cost received by the writing party (or parties) was $50.5K, with a price of $10110.0 per contract. There were 0 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a put option trade that happens to be bullish, expiring in 66 day(s) on June 20, 2025. This event was a transfer of 12 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $2480.0 per contract. There were 2663 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BABA

CAVA

CROX

MELI

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

BBWI

BOOT

HELE

LULU

YETI

Shares of companies in the broader retail and apparel sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

Stifel analyst Jim Duffy maintains Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) with a Hold and lowers the price target from $226 to $192.

Price Target

Analyst Ratings

Stifel Maintains Hold on Dick's Sporting Goods, Lowers Price Target to $192

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Shares of broader consumer discretionary stocks are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$230.00</td>
<td>$40.7K</td>
<td>1.1K</td>
<td>34.8K</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$95.00</td>
<td>$105.0K</td>
<td>3.3K</td>
<td>10.2K</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.00</td>
<td>$55.5K</td>
<td>24.8K</td>
<td>10.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$150.00</td>
<td>$64.4K</td>
<td>888</td>
<td>1.3K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$52.00</td>
<td>$29.0K</td>
<td>440</td>
<td>1.2K</td>
</tr>
<tr>
<td>GAP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$17.00</td>
<td>$35.2K</td>
<td>7.2K</td>
<td>317</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$215.00</td>
<td>$129.3K</td>
<td>235</td>
<td>221</td>
</tr>
<tr>
<td>EDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$45.00</td>
<td>$55.1K</td>
<td>15</td>
<td>161</td>
</tr>
<tr>
<td>DKS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$197.50</td>
<td>$26.8K</td>
<td>354</td>
<td>124</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$175.00</td>
<td>$25.7K</td>
<td>89</td>
<td>96</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on April 11, 2025. This event was a transfer of 28 contract(s) at a $230.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $40.7K, with a price of $1455.0 per contract. There were 1174 open contracts at this strike prior to today, and today 34804 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a put option trade with bearish sentiment. It expires in 4 day(s) on April 11, 2025. Parties traded 465 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $105.0K, with a price of $226.0 per contract. There were 3319 open contracts at this strike prior to today, and today 10201 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a put option sweep that happens to be bearish, expiring in 74 day(s) on June 20, 2025. This event was a transfer of 300 contract(s) at a $5.00 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $55.5K, with a price of $185.0 per contract. There were 24857 open contracts at this strike prior to today, and today 10017 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on April 17, 2025. Parties traded 24 contract(s) at a $150.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $64.4K, with a price of $2685.0 per contract. There were 888 open contracts at this strike prior to today, and today 1381 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on April 11, 2025. This event was a transfer of 170 contract(s) at a $52.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $171.0 per contract. There were 440 open contracts at this strike prior to today, and today 1290 contract(s) were bought and sold. 
• For GAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>), we notice a put option sweep that happens to be neutral, expiring in 284 day(s) on January 16, 2026. This event was a transfer of 120 contract(s) at a $17.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $292.0 per contract. There were 7227 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a put option trade with bearish sentiment. It expires in 4 day(s) on April 11, 2025. Parties traded 30 contract(s) at a $215.00 strike. The total cost received by the writing party (or parties) was $129.3K, with a price of $4313.0 per contract. There were 235 open contracts at this strike prior to today, and today 221 contract(s) were bought and sold. 
• Regarding EDU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>), we observe a call option trade with bearish sentiment. It expires in 39 day(s) on May 16, 2025. Parties traded 149 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $55.1K, with a price of $370.0 per contract. There were 15 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold. 
• For DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on April 11, 2025. This event was a transfer of 112 contract(s) at a $197.50 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $240.0 per contract. There were 354 open contracts at this strike prior to today, and today 124 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a put option trade that happens to be bullish, expiring in 102 day(s) on July 18, 2025. This event was a transfer of 52 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $495.0 per contract. There were 89 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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REAL

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ULTA

WOOF

Shares of companies within retail, apparel, and e-commerce industries are trading lower amid heavy selling pressure as markets react to President Trump's tariff announcements, which may hamper consumer spending.

TSCO

Shares of retail, apparel, and e-commerce companies are trading higher. Investors may be interpreting the release of better-than-expected ADP employment data as a sign of strength for the industry.

Shares of e-commerce, retail, and apparel stocks are trading lower following greater-than-expected inflation data measured through the PCE price index for February, while personal spending missed estimates. Additionally, recent tariff announcements may be weighing on equities.

Shares of retail, apparel, and e-commerce companies are trading higher amid overall market strength on reports of potentially narrowed or targeted tariffs, which may be easing investor concerns.

On Friday, JPMorgan analyst Christopher Horvers reiterated the Neutral rating on Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>), <a href="https://www.benzinga.com/quote/ASO/analyst-ratings" target="_blank" rel="noreferrer noopener">raising the price forecast to $54 from $52.</a>
Yesterday, the firm reported fourth-quarter adjusted earnings per share of $1.96,&nbsp;<a target="_blank" href="https://www.benzinga.com/25/03/44421964/academy-sports-beats-q4-eps-estimates-comparable-sales-dip-3" rel="noreferrer noopener">beating the street view of $1.83</a>.&nbsp;Quarterly sales of $1.676 billion (down 6.6% year over year) missed the analyst consensus estimate of $1.677 billion by a hairline.
The analyst notes that Academy Sports has made progress in improving new store site selection for the second half of 2024, following underwhelming performance when it initially started its unit growth story in 2022.
Also Read: <a href="https://www.benzinga.com/government/regulations/25/03/44440713/wall-street-trims-losses-as-boeing-eyes-best-week-in-nearly-2-years-whats-driving-markets-friday" target="_blank" rel="noreferrer noopener">Wall Street Trims Losses As Boeing Eyes Best Week In Early 2 Years: What&#8217;s Driving Markets Friday?</a>
Furthermore, the company's IT improvements and plans show promise in enhancing the performance of its existing stores, Horvers writes.
Academy Sports is also expanding its Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) product assortment to 145 of its 300+ locations, as well as on its website, starting this April, aiming to compete with Dick&#8217;s Sporting Goods Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) for brand access.
However, Horvers points out that the macroeconomic environment presents challenges for Academy Sports, particularly compared to competitors like Dick&#8217;s Sporting, due to its higher exposure to lower-income consumers.
Despite this, the analyst remains neutral on Academy Sports, acknowledging its attractive valuation but expressing &#8220;uncertainty&#8221; about how much growth the company can achieve given the current market conditions.
The analyst models 1Q/FY25 comps of -3.5%/flat, respectively.
Price Action: ASO shares are trading higher by 1.14% to $47.96 at last check Friday.
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<li><a href="https://www.benzinga.com/news/econ-s/25/03/44435609/sp-500-could-soar-12-by-year-end-but-only-if-recession-is-avoided-goldman-sachs-says" target="_blank" rel="noreferrer noopener">S&amp;P 500 Could Soar 12% By Year-End—But Only If Recession Is Avoided, Goldman Sachs Says</a></li>
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Academy Sports' Growth Potential Uncertain Amid Macroeconomic Challeneges: Analyst Explains Why

Investors with a lot of money to spend have taken a bullish stance on Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DKS, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Dick's Sporting Goods.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 37%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $360,382, and 2 are calls, for a total amount of $52,500.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $155.0 to $195.0 for Dick's Sporting Goods over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dick's Sporting Goods's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dick's Sporting Goods's whale trades within a strike price range from $155.0 to $195.0 in the last 30 days. 
<h3>Dick's Sporting Goods Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742497292_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$39.0</td>
<td>$35.1</td>
<td>$37.2</td>
<td>$195.00</td>
<td>$186.0K</td>
<td align="right">1</td>
<td align="right">50</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/04/25</td>
<td>$5.8</td>
<td>$5.4</td>
<td>$5.51</td>
<td>$195.00</td>
<td>$41.0K</td>
<td align="right">425</td>
<td align="right">259</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/04/25</td>
<td>$5.7</td>
<td>$5.5</td>
<td>$5.6</td>
<td>$195.00</td>
<td>$36.2K</td>
<td align="right">425</td>
<td align="right">447</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$6.7</td>
<td>$6.7</td>
<td>$6.7</td>
<td>$170.00</td>
<td>$33.5K</td>
<td align="right">83</td>
<td align="right">50</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/04/25</td>
<td>$6.1</td>
<td>$5.4</td>
<td>$5.86</td>
<td>$195.00</td>
<td>$32.6K</td>
<td align="right">425</td>
<td align="right">47</td>
</tr>
</tbody>
</table>

<h3>About Dick's Sporting Goods</h3>
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 730 stores under its namesake brand (including outlet stores and House of Sport), and about 140 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
After a thorough review of the options trading surrounding Dick's Sporting Goods, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Dick's Sporting Goods's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 688,966, the DKS's price is down by -2.74%, now at $192.7. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 69 days.</li>
</ul>
<h3>What Analysts Are Saying About Dick's Sporting Goods</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $238.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Outperform rating for Dick's Sporting Goods, targeting a price of $260. 
&#x2A; Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Dick's Sporting Goods with a target price of $250. 
&#x2A; An analyst from Telsey Advisory Group persists with their Outperform rating on Dick's Sporting Goods, maintaining a target price of $250. 
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Neutral with a new price target of $215. 
&#x2A; An analyst from Wedbush has revised its rating downward to Neutral, adjusting the price target to $215. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Dick's Sporting Goods with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Dick's Sporting Goods's Options: A Look at What the Big Money is Thinking

Telsey Advisory Group analyst Joseph Feldman maintains Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) with a Outperform and maintains $250 price target.

Telsey Advisory Group Maintains Outperform on Dick's Sporting Goods, Maintains $250 Price Target

Loop Capital analyst Anthony Chukumba maintains Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) with a Hold and lowers the price target from $240 to $195.

Loop Capital Maintains Hold on Dick's Sporting Goods, Lowers Price Target to $195

BROS

TLYS

Shares of retail, restaurant and discretionary stocks are trading lower. The sector may be under pressure amid economic concerns due to tariff uncertainty, which could pressure consumer spending outlook. Additionally, investors may be assessing Feb. producer prices.

Citigroup analyst Paul Lejuez maintains Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) with a Neutral and lowers the price target from $230 to $220.

Citigroup Maintains Neutral on Dick's Sporting Goods, Lowers Price Target to $220

Shares of Dick&#8217;s Sporting Goods Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) were under pressure in early trading on Wednesday, even after the company reported <a href="https://www.benzinga.com/24/12/42415162/dow-falls-150-points-oracle-posts-downbeat-results">upbeat fourth-quarter results</a>.
Here are some key analyst takeaways.
<ul>
<li>Stifel <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58beb7e7b85e93000190633d/jim-duffy">analyst Jim Duffy</a> maintained a Hold rating, while reducing the price target from $240 to $226.</li>
<li>Telsey Advisory Group <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e301e08430dee0001c88c8d/joseph-feldman">analyst Joseph Feldman</a> reaffirmed an Outperform rating, while cutting the price target from $260 to $250.</li>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58580bcbee7bf60001bcfa29/kate-mcshane">analyst Kate McShane</a> reiterated a Buy rating, while reducing the price target from $280 to $242.</li>
<li>Wedbush <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee57ee7bf6000154d134/seth-basham">analyst Seth Basham</a> maintained a Neutral rating and price target of $215.</li>
<li>Guggenheim Securities <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585beadcb5a482000151d18b/keith-bachman">analyst Steven Forbes</a> reiterated a Neutral rating on the stock.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Stifel: Dick&#8217;s Sporting Goods' fourth-quarter net sales grew 6.4% to $3,894 million, beating Street expectations of $3,777 million, Duffy said in a note. The earnings beat was not as substantial, mainly due to below-the-line items, he added.
Management's earnings guidance for 2025 came in at a range of $13.80 to $14.40 per share, falling short of prevailing estimates, the analyst stated. "Increased inventory near-term supports potential comp upside in spring '25 but adds markdown risk should business slow," he further wrote.
Telsey Advisory Group: Dick&#8217;s Sporting Goods delivered another quarterly of "strong performance," with comps of 6.4% and earnings of $3.62 per share beating consensus of 3.1% and $3.52 per share, respectively, Feldman said. The company delivered a comp beat despite difficult comparisons and a relatively challenging consumer environment, he added.
In 2024, Dick&#8217;s Sporting Goods maintained its position as the largest US sporting goods retailer and grew its market share by around 50 basis points to about 9.0%, the analyst stated. The lower-than-expected earnings guidance for 2025 "mainly reflect investments in long-term strategic growth initiatives, weighing on near-term profitability," as the company is "accelerating growth of its new store concepts, House of Sport and Field House, which have been received well," he further wrote.
Goldman Sachs: Dick's Sporting Goods delivered a "solid" quarter, with healthy comps, margins and earnings, McShane said. The current momentum in the company's business, investments in digital and footwear as well as market share gains will support comps, she added.
Dick's Sporting Goods plans to continue growing its store concepts, including House of Sport, Field House, and Golf Galaxy Performance Center, the analyst stated. "We expect GameChanger and Dick's Media Network to remain important discussion points in FY25, which will serve as margin drivers and potentially result in multiple expansion over time," she further wrote.
Wedbush: Although Dick&#8217;s Sporting Goods' quarterly results "handily beat" consensus estimates, the 2025 comps and earnings guidance missed expectations, Basham said. The guidance came below consensus "even without including any impact from tariffs.&#8221;
Basham sees &#8220;more positives than negatives,&#8221; citing market share gains and strong gross margins supported by an assortment of premium products, strategic inventory investments, experiential retail concepts that are resonating, a strong eCommerce business, an impressive adjacent business in GameChanger and an emerging retail media network.
Guggenheim Securities: Dick's quarterly results "broadly exceeded our expectations," management&#8217;s 2025 outlook fell short, "with net capital expenditures needs ramping to over 7.0% of net sales," Forbes said.
The company&#8217;s "broad-based investment agenda" includes increasing square footage, technology investments and marketing expenses, the analyst stated. This indicates Dick Sporting Goods "is entering 2025 with an elevated breakeven comp profile.&#8221;
Price Action: Shares of Dick&#8217;s Sporting Goods had declined by 1.62% to $195.75 at the time of publication on Wednesday.
Read More: 
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<li><a href="https://www.benzinga.com/content/44189498/why-now-might-be-the-best-time-to-buy-target-stock">Why Now Might Be the Best Time to Buy Target Stock</a></li>
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Image: Shutterstock

Analyst Color

Earnings

Earnings Beats

Reiteration

Dick's Sporting Goods Posts Q4 Beat, Guidance Disappoints As Analysts Highlight Market Share Gains

Wedbush analyst Seth Basham reiterates Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) with a Neutral and maintains $215 price target.

Wedbush Reiterates Neutral on Dick's Sporting Goods, Maintains $215 Price Target

Legal

Press Releases

DICK'S SPORTING GOODS ALERT: Bragar Eagel & Squire, P.C. is Investigating DICK'S Sporting Goods, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of DICK'S Sporting Goods, Inc. (NYSE: DKS) and Encourages Long-Term Investors to Contact the Firm

DICK's Sporting Goods Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More Information

SHAREHOLDER ALERT: Morris Kandinov Investigating VG, ADSK, DKS, and IART; Shareholders are Encouraged to Contact the Firm

Long-Term Shareholders of Western Digital, Shift4 Payments, Fidelity National Information, and DICK's Sporting Goods Alert: Johnson Fistel, LLP Encourages Investors to Submit Their Information Below

DICK'S Sporting Goods Reports Fourth Quarter and Full Year 2024 Results; Delivers Largest Sales Quarter in Company History

Maxfli Announces Golf Ball Partnership with Renowned Instructor Sean Foley

DICK'S Sporting Goods taps IShowSpeed, Tom Brady, Kevin Durant, Suni Lee and Travis Hunter for Latest Footwear Campaign

DICK'S Sporting Goods Purchases Paul Skenes Topps MLB Debut Patch Card

GameChanger Debuts First National Brand Campaign, Celebrating the Heart of Youth Sports

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