In the latest quarter, 22 analysts provided ratings for Academy Sports ASO, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 16 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 0 | 0 | 0 |
| 2M Ago | 3 | 12 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $79.0, a high estimate of $88.00, and a low estimate of $65.00. Observing a 6.51% increase, the current average has risen from the previous average price target of $74.17.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Academy Sports's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Will Gaertner | Wells Fargo | Lowers | Overweight | $80.00 | $83.00 |
| Greg Melich | Evercore ISI Group | Lowers | Outperform | $70.00 | $75.00 |
| Jonathan Matuszewski | Jefferies | Announces | Buy | $85.00 | - |
| Seth Basham | Wedbush | Maintains | Outperform | $80.00 | - |
| Greg Melich | Evercore ISI Group | Lowers | Outperform | $75.00 | $78.00 |
| Anna Glaessgen | B. Riley Securities | Raises | Buy | $72.00 | $65.00 |
| Justin Kleber | Baird | Raises | Outperform | $80.00 | $70.00 |
| Kate Fitzsimons | Wells Fargo | Lowers | Overweight | $83.00 | $88.00 |
| Simeon Gutman | Morgan Stanley | Lowers | Equal-Weight | $65.00 | $70.00 |
| Greg Melich | Evercore ISI Group | Raises | Outperform | $78.00 | $75.00 |
| Seth Basham | Wedbush | Maintains | Outperform | $80.00 | - |
| Joseph Civello | Truist Securities | Lowers | Buy | $75.00 | $77.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Outperform | $75.00 | $83.00 |
| John Kernan | TD Cowen | Lowers | Outperform | $82.00 | $86.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $83.00 | - |
| Christopher Horvers | JP Morgan | Raises | Overweight | $87.00 | $55.00 |
| Beth Reed | Truist Securities | Maintains | Buy | $77.00 | $77.00 |
| John Kernan | TD Cowen | Raises | Outperform | $83.00 | $67.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Outperform | $83.00 | $70.00 |
| Justin Kleber | Baird | Raises | Outperform | $80.00 | $70.00 |
| Kate Fitzsimons | Wells Fargo | Raises | Overweight | $88.00 | $73.00 |
| Beth Reed | Truist Securities | Raises | Buy | $77.00 | $73.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Academy Sports. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Academy Sports compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Academy Sports's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Academy Sports's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Academy Sports analyst ratings.
Delving into Academy Sports's Background
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The product categories of the company are outdoors, apparel, sports & recreation, and footwear.
Understanding the Numbers: Academy Sports's Finances
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Academy Sports's remarkable performance in 3 months is evident. As of 31 January, 2024, the company achieved an impressive revenue growth rate of 2.77%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Academy Sports's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.37%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Academy Sports's ROE excels beyond industry benchmarks, reaching 8.97%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Academy Sports's ROA excels beyond industry benchmarks, reaching 3.5%. This signifies efficient management of assets and strong financial health.
Debt Management: Academy Sports's debt-to-equity ratio is below the industry average. With a ratio of 0.87, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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