4 analysts have shared their evaluations of Academy Sports ASO during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 3 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Academy Sports, revealing an average target of $78.75, a high estimate of $88.00, and a low estimate of $70.00. This current average reflects an increase of 12.1% from the previous average price target of $70.25.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Academy Sports by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
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 |
Kate Fitzsimons | Wells Fargo | Raises | Overweight | $70.00 | $65.00 |
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 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.
All You Need to Know About 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.
Key Indicators: Academy Sports's Financial Health
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Challenges: Academy Sports's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a decline of approximately -6.44%. This indicates a decrease in 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 is impressive, surpassing industry averages. With a net margin of 7.15%, the company demonstrates strong profitability and effective cost management.
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 ROA excels beyond industry benchmarks, reaching 2.08%. This signifies efficient management of assets and strong financial health.
Debt Management: Academy Sports's debt-to-equity ratio is below the industry average at 1.0, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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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