17 analysts have shared their evaluations of Academy Sports ASO during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 7 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 3 | 6 | 4 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $62.65, a high estimate of $77.00, and a low estimate of $46.00. Highlighting a 13.34% decrease, the current average has fallen from the previous average price target of $72.29.
Interpreting Analyst Ratings: A Closer Look
In examining recent analyst actions, we gain insights into how financial experts perceive Academy Sports. The following summary 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 |
|---|---|---|---|---|---|
| Seth Basham | Wedbush | Maintains | Outperform | $65.00 | $65.00 |
| John Kernan | TD Cowen | Lowers | Hold | $54.00 | $58.00 |
| Will Gaertner | Wells Fargo | Lowers | Equal-Weight | $46.00 | $55.00 |
| Christopher Horvers | JP Morgan | Lowers | Neutral | $53.00 | $76.00 |
| Anthony Chukumba | Loop Capital | Maintains | Buy | $77.00 | $77.00 |
| Greg Melich | Evercore ISI Group | Raises | Outperform | $70.00 | $60.00 |
| Simeon Gutman | Morgan Stanley | Lowers | Equal-Weight | $60.00 | $65.00 |
| Seth Basham | Wedbush | Lowers | Outperform | $65.00 | $80.00 |
| Greg Melich | Evercore ISI Group | Lowers | Outperform | $60.00 | $70.00 |
| John Kernan | TD Cowen | Lowers | Buy | $58.00 | $82.00 |
| Justin Kleber | Baird | Lowers | Outperform | $68.00 | $80.00 |
| Will Gaertner | Wells Fargo | Lowers | Equal-Weight | $55.00 | $80.00 |
| Michael Lasser | UBS | Lowers | Neutral | $58.00 | $81.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Outperform | $65.00 | $75.00 |
| Robert Ohmes | B of A Securities | Lowers | Neutral | $63.00 | $75.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $75.00 | $75.00 |
| Joseph Civello | Truist Securities | Lowers | Buy | $73.00 | $75.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Academy Sports. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Academy Sports compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Academy Sports's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Academy Sports analyst ratings.
About Academy Sports
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.
Academy Sports's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Academy Sports's revenue growth over 3 months faced difficulties. As of 30 April, 2024, the company experienced a decline of approximately -1.4%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Academy Sports's net margin is impressive, surpassing industry averages. With a net margin of 5.61%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Academy Sports's ROE excels beyond industry benchmarks, reaching 3.96%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.6%, the company showcases effective utilization of assets.
Debt Management: Academy Sports's debt-to-equity ratio is below the industry average at 0.9, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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