Jefferies initiated coverage on Academy Sports + Outdoors with a new price target
$ASO
Other Specialty Stores
Consumer Discretionary
Jefferies initiated coverage of Academy Sports + Outdoors with a rating of Buy and set a new price target of $85.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $63.00 → $50.00 | Buy → Hold | Truist |
| 10/3/2024 | $65.00 → $60.00 | Outperform → In-line | Evercore ISI |
| 8/13/2024 | $58.00 → $54.00 | Buy → Hold | TD Cowen |
| 8/5/2024 | $76.00 → $53.00 | Overweight → Neutral | JP Morgan |
| 6/12/2024 | $81.00 → $58.00 | Buy → Neutral | UBS |
| 6/11/2024 | $75.00 → $63.00 | Buy → Neutral | BofA Securities |
| 4/12/2024 | $85.00 | Buy | Jefferies |
| 3/22/2024 | $83.00 → $75.00 | Outperform | Telsey Advisory Group |
Net Sales Decline (2.2)%; Comparable Sales of (6.9)% GAAP Diluted EPS of $1.95, or $2.03 Adjusted Diluted EPS Year-to-Date Adjusted Free Cash Flow +60%; Utilized to Return $107 Million to Shareholders in Q2 Fiscal 2024 Guidance Revised; Reaffirming Gross Margin Rate Guidance KATY, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (NASDAQ:ASO) ("Academy" or the "Company") today announced its financial results for the second quarter ended August 3, 2024. "Academy continues to make progress against our strategic initiatives demonstrated by the opening of nine new stores this upcoming quarter, new omni-channel enhancements, such as Door Dash,
KATY, Texas, Sept. 5, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (NASDAQ:ASO) announced today that its Board of Directors approved the declaration of a quarterly cash dividend with respect to the fiscal quarter ended August 3, 2024 of $0.11 per share of the Company's common stock. The dividend is payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024. About Academy Sports + OutdoorsAcademy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Origin
The nine new locations will strengthen Academy's existing footprint across eight states KATY, Texas, Sept. 3, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") ((ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it will open 9 new stores in fall of 2024 in Beckley, West Virginia; Kingsport, Tennessee; Bloomington, Indiana; Selma, North Carolina; Ft. Myers, Florida; Birmingham, Alabama; Springfield, Ohio; Bradenton, Florida; and Bulverde, Texas. Academy has already opened three new stores this year, with plans to open a total of 15-17 new stores in fiscal year 2024.
4 - Academy Sports & Outdoors, Inc. (0001817358) (Issuer)
4 - Academy Sports & Outdoors, Inc. (0001817358) (Issuer)
4 - Academy Sports & Outdoors, Inc. (0001817358) (Issuer)
SC 13G/A - Academy Sports & Outdoors, Inc. (0001817358) (Subject)
SC 13G/A - Academy Sports & Outdoors, Inc. (0001817358) (Subject)
SC 13G/A - Academy Sports & Outdoors, Inc. (0001817358) (Subject)
KATY, Texas, June 6, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") ((ASO) today announced that Scott Boatwright has been appointed to its Board of Directors (the "Board"), effective immediately. With this change, Academy's Board now comprises 11 directors. "We are pleased to welcome Scott to Academy's Board of Directors," said Ken Hicks, Chairman of the Board of Academy. "Scott's deep and relevant experience in driving productivity, operational excellence, and scalability in complex business environments, along with building a strong customer base and prov
The state's first location will be in Zanesville, OH KATY, Texas, May 21, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") ((ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce the opening of its first store in Ohio. Located in Zanesville at 3925 Gorsky Dr., the approximately 54,000-square-foot store brings a wide assortment of sports and outdoors merchandise to the area. Academy will host grand opening festivities from Friday, May 31 through Sunday, June 2. Throughout the weekend, customers can look forward to exclusive deals and giveaways, and take advantage of great prices.
KATY, Texas, March 19, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") (NASDAQ:ASO) today announced that Monique Picou has been appointed to the Board of Directors (the "Board"), effective immediately. With this change, Academy's Board now comprises ten directors. "We are pleased to have Monique join our Board," said Ken Hicks, Executive Chairman of Academy. "Monique brings extensive experience in supply chain, logistics, and strategic planning at large technology, retail and manufacturing companies. Her expertise will be a great asset as we leverage and sca
Net Sales Decline (2.2)%; Comparable Sales of (6.9)% GAAP Diluted EPS of $1.95, or $2.03 Adjusted Diluted EPS Year-to-Date Adjusted Free Cash Flow +60%; Utilized to Return $107 Million to Shareholders in Q2 Fiscal 2024 Guidance Revised; Reaffirming Gross Margin Rate Guidance KATY, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (NASDAQ:ASO) ("Academy" or the "Company") today announced its financial results for the second quarter ended August 3, 2024. "Academy continues to make progress against our strategic initiatives demonstrated by the opening of nine new stores this upcoming quarter, new omni-channel enhancements, such as Door Dash,
KATY, Texas, Sept. 5, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (NASDAQ:ASO) announced today that its Board of Directors approved the declaration of a quarterly cash dividend with respect to the fiscal quarter ended August 3, 2024 of $0.11 per share of the Company's common stock. The dividend is payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024. About Academy Sports + OutdoorsAcademy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Origin
KATY, Texas, Aug. 27, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy" or the "Company") (NASDAQ:ASO), a leading full-line sporting goods and outdoor recreation retailer, plans to release its second quarter fiscal 2024 financial results before the market opens on Tuesday, September 10, 2024. Academy will host a live conference call that day at 10:00 a.m. Eastern Time to discuss the financial results. Participants interested in accessing the live call can dial 1-877-407-3982 (U.S.) or 1-201-493-6780 (International). The conference passcode is 13748429. A webcas
10-Q - Academy Sports & Outdoors, Inc. (0001817358) (Filer)
8-K - Academy Sports & Outdoors, Inc. (0001817358) (Filer)
8-K - Academy Sports & Outdoors, Inc. (0001817358) (Filer)
Truist downgraded Academy Sports + Outdoors from Buy to Hold and set a new price target of $50.00 from $63.00 previously
Evercore ISI downgraded Academy Sports + Outdoors from Outperform to In-line and set a new price target of $60.00 from $65.00 previously
TD Cowen downgraded Academy Sports + Outdoors from Buy to Hold and set a new price target of $54.00 from $58.00 previously
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
Loop Capital analyst Anthony Chukumba maintains Academy Sports (NASDAQ:ASO) with a Buy and maintains $77 price target.