Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Academy Sports ASO in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 16 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 0 | 0 | 0 |
| 3M Ago | 3 | 13 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $78.71, a high estimate of $87.00, and a low estimate of $65.00. This current average reflects an increase of 5.44% from the previous average price target of $74.65.
Breaking Down Analyst Ratings: A Detailed Examination
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 | $80.00 |
| 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 |
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: 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 explore the dynamics of price targets, providing estimates for the future value of Academy Sports's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Academy Sports's market position. Stay informed and make data-driven decisions with the assistance of 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 product categories of the company are outdoors, apparel, sports & recreation, and footwear.
Academy Sports: Financial Performance Dissected
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Academy Sports's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2024, the company achieved a revenue growth rate of approximately 2.77%. This indicates 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): 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 stands out, surpassing industry averages. With an impressive ROA of 3.5%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Academy Sports's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.87.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and 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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