During the last three months, 8 analysts shared their evaluations of Academy Sports ASO, revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 6 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 4 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Academy Sports, presenting an average target of $64.5, a high estimate of $72.00, and a low estimate of $55.00. This current average has decreased by 1.78% from the previous average price target of $65.67.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Academy Sports is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kate Fitzsimons | Wells Fargo | Raises | Overweight | $70.00 | $65.00 |
| Seth Basham | Wedbush | Maintains | Outperform | $60.00 | - |
| Simeon Gutman | Morgan Stanley | Lowers | Equal-Weight | $55.00 | $60.00 |
| Joseph Feldman | Telsey Advisory Group | Lowers | Outperform | $70.00 | $72.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $72.00 | - |
| Seth Basham | Wedbush | Maintains | Outperform | $60.00 | - |
| Beth Reed | Truist Securities | Announces | Buy | $57.00 | - |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $72.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Academy Sports. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Academy Sports compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Academy Sports's stock. This comparison reveals trends in analysts' expectations over time.
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.
Unveiling the Story Behind Academy Sports
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Academy Sports's Economic Impact: An Analysis
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Academy Sports's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -6.44%. This indicates a decrease in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Academy Sports's net margin excels beyond industry benchmarks, reaching 7.15%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Academy Sports's ROE excels beyond industry benchmarks, reaching 5.66%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Academy Sports's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.08%, the company showcases efficient use of assets and strong financial health.
Debt Management: Academy Sports's debt-to-equity ratio is below the industry average. With a ratio of 1.0, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
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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