In the last three months, 17 analysts have published ratings on Academy Sports (NASDAQ:ASO), offering a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 9 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 7 | 4 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $68.35, along with a high estimate of $85.00 and a low estimate of $55.00. Experiencing a 9.84% decline, the current average is now lower than the previous average price target of $75.81.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Academy Sports by financial experts. 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 |
|---|---|---|---|---|---|
| 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 |
| 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 | - |
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: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.
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.
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.
Academy Sports: Financial Performance Dissected
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Academy Sports's revenue growth over a period of 3 months has faced challenges. As of 30 April, 2024, the company experienced a revenue decline of approximately -1.4%. This indicates a decrease 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 5.61% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Academy Sports's ROE excels beyond industry benchmarks, reaching 3.96%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.6%, the company showcases effective utilization of assets.
Debt Management: Academy Sports's debt-to-equity ratio is below the industry average at 0.9, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
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 will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.