Throughout the last three months, 16 analysts have evaluated Academy Sports ASO, offering a diverse set of opinions from bullish to bearish.
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 | 3 | 7 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 2 | 6 | 4 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $64.12, a high estimate of $80.00, and a low estimate of $46.00. This current average has decreased by 13.49% from the previous average price target of $74.12.
Investigating Analyst Ratings: An Elaborate Study
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 |
|---|---|---|---|---|---|
| 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 |
| Seth Basham | Wedbush | Maintains | Outperform | $80.00 | $80.00 |
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: 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: Delving into movements, analysts provide estimates for the future value of Academy Sports's stock. This analysis reveals shifts 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 product categories of the company are outdoors, apparel, sports & recreation, and footwear.
Unraveling the Financial Story of Academy Sports
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.
Negative Revenue Trend: Examining Academy Sports's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -1.4% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Academy Sports's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 5.61%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Academy Sports's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.96%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Academy Sports's ROA excels beyond industry benchmarks, reaching 1.6%. This signifies efficient management of assets and strong financial health.
Debt Management: Academy Sports's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.9.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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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