Susquehanna Financial Group forecasts that Dick's Sporting Goods Inc. /zigman2/quotes/200566298/composite DKS +0.24% will be the last national athletic retailer in business after the coronavirus pandemic thanks to factors including its balance sheet and digital capabilities. Other athletic retailers include Hibbett Sports Inc. /zigman2/quotes/201173500/composite HIBB +0.77% and Foot Locker Inc. /zigman2/quotes/204092533/composite FL +1.93% . "Dick's is reaping the benefits from heavy investment in its omnichannel capabilities over the past several years, enabling the company to be extremely flexible and nimble in the way it serves customers," analysts led by Sam Poser wrote. "This flexibility has been evident during the crisis, when selling through the brick-and-mortar channel has not been an option." Dick's Sporting Goods was able to transition to curbside pickup with ease thanks to these investments, analysts say. And they highlight a 250% jump in e-commerce sales in the second quarter thus far. Analysts say there could be some "fleeting" pent-up demand due to the coronavirus pandemic, but also say Dick's Sporting Goods has a "structural advantage" that will help it versus the competition in the long run. Susquehanna rates the stock positive with a $48 price target, up from $31. Data from retail intelligence company Placer.ai shows that in some states including Arizona and South Carolina traffic returned to year-over-year growth by May 20. Dick's Sporting Goods reported wider-than-expected losses on Tuesday. The stock is down 1.3% in Wednesday trading, and has slumped 24.7% for the year to date. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.06% is down 3.6% for 2020 so far.