Academy Sports activities and Open air (NASDAQ:ASO) PT Raised to $60.00 at UBS Group

Academy Sports activities and Open air (NASDAQ:ASOGet Score) had its value goal elevated by UBS Group from $55.00 to $60.00 in a report launched on Thursday morning, The Fly stories. UBS Group at the moment has a purchase score on the inventory.

Different equities analysts have additionally lately issued stories in regards to the inventory. Truist Monetary initiated protection on shares of Academy Sports activities and Open air in a analysis observe on Wednesday, Could eleventh. They set a purchase score and a $53.00 value goal for the corporate. Wedbush lifted their value goal on shares of Academy Sports activities and Open air from $50.00 to $57.00 and gave the inventory an outperform score in a analysis observe on Thursday. Evercore ISI lifted their value goal on shares of Academy Sports activities and Open air from $55.00 to $60.00 and gave the inventory an outperform score in a analysis observe on Thursday. Oppenheimer lifted their value goal on shares of Academy Sports activities and Open air from $50.00 to $60.00 and gave the corporate an outperform score in a report on Thursday. Lastly, Stephens lifted their value goal on shares of Academy Sports activities and Open air from $70.00 to $72.00 and gave the corporate an obese score in a report on Wednesday, June eighth. One analyst has rated the inventory with a maintain score and 13 have issued a purchase score to the corporate’s inventory. Based on information from MarketBeat, the corporate at the moment has a consensus score of Average Purchase and a mean goal value of $56.64.

Academy Sports activities and Open air Inventory Efficiency

Shares of NASDAQ:ASO opened at $48.28 on Thursday. Academy Sports activities and Open air has a 52 week low of $25.10 and a 52 week excessive of $51.08. The inventory has a market capitalization of $4.11 billion, a P/E ratio of 6.93, a PEG ratio of 0.65 and a beta of 1.37. The agency has a fifty day easy shifting common of $42.72 and a two-hundred day easy shifting common of $38.36. The corporate has a fast ratio of 0.44, a present ratio of 1.56 and a debt-to-equity ratio of 0.45.

Need Extra Nice Investing Concepts?

Academy Sports activities and Open air (NASDAQ:ASOGet Score) final launched its quarterly earnings outcomes on Wednesday, September seventh. The corporate reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.23. Academy Sports activities and Open air had a internet margin of 9.66% and a return on fairness of 47.24%. The agency had income of $1.69 billion throughout the quarter, in comparison with analysts’ expectations of $1.70 billion. Throughout the identical interval within the earlier yr, the corporate earned $2.34 EPS. The agency’s income for the quarter was down 5.9% in comparison with the identical quarter final yr. On common, analysts count on that Academy Sports activities and Open air will submit 6.98 earnings per share for the present fiscal yr.

Academy Sports activities and Open air Pronounces Dividend

The corporate additionally lately disclosed a quarterly dividend, which shall be paid on Thursday, October thirteenth. Buyers of file on Thursday, September fifteenth shall be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.30 annualized dividend and a dividend yield of 0.62%. Academy Sports activities and Open air’s dividend payout ratio (DPR) is presently 4.30%.

Institutional Inflows and Outflows

A number of giant buyers have lately modified their holdings of ASO. Counterpoint Mutual Funds LLC bought a brand new stake in Academy Sports activities and Open air throughout the 1st quarter value roughly $26,000. Prospera Monetary Companies Inc bought a brand new stake in Academy Sports activities and Open air throughout the 1st quarter value roughly $26,000. Captrust Monetary Advisors grew its place in Academy Sports activities and Open air by 55.0% throughout the 1st quarter. Captrust Monetary Advisors now owns 1,006 shares of the corporate’s inventory value $40,000 after buying a further 357 shares over the last quarter. Covestor Ltd bought a brand new stake in Academy Sports activities and Open air throughout the 4th quarter value roughly $59,000. Lastly, Kistler Tiffany Firms LLC bought a brand new stake in Academy Sports activities and Open air throughout the 2nd quarter value roughly $96,000. Institutional buyers personal 98.01% of the corporate’s inventory.

Academy Sports activities and Open air Firm Profile

(Get Score)

Academy Sports activities and Open air, Inc, by way of its subsidiaries, operates as a sporting items and outside leisure merchandise retailer in the US. The corporate sells coolers and drinkware, tenting equipment, tenting tools, sun shades, backpacks, and sports activities luggage; marine tools and fishing rods, reels, baits, and tools; firearms, ammunition, archery and archery tools, camouflage attire, waders, capturing equipment, optics, airguns, and looking tools; group sports activities tools, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health tools and equipment, and vitamin provides; and patio furnishings, outside cooking, wheeled items, trampolines, playsets, watersports, and pet tools, in addition to electronics merchandise, watches, consumables, batteries, and so on.

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Analyst Recommendations for Academy Sports and Outdoors (NASDAQ:ASO)

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