19 analysts have expressed a variety of opinions on Academy Sports ASO over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 14 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 3 | 13 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $79.11, a high estimate of $88.00, and a low estimate of $65.00. Observing a 7.54% increase, the current average has risen from the previous average price target of $73.56.
Decoding Analyst Ratings: A Detailed Look
The standing of Academy Sports among financial experts is revealed through an in-depth exploration 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 |
|---|---|---|---|---|---|
| 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 frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Academy Sports. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey 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.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Academy Sports's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Academy Sports analyst ratings.
Discovering Academy Sports: A Closer Look
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 Economic Impact: An Analysis
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
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 net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.37% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 8.97%, the company showcases effective utilization of 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 3.5%, 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 0.87, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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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