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

Academy Sports activities and Outdoor (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 experiences. UBS Group at the moment has a purchase ranking on the inventory.

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

Academy Sports activities and Outdoor Inventory Efficiency

Shares of NASDAQ:ASO opened at $48.28 on Thursday. Academy Sports activities and Outdoor 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 Outdoor (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 Outdoor had a web 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 12 months, the corporate earned $2.34 EPS. The agency’s income for the quarter was down 5.9% in comparison with the identical quarter final 12 months. On common, analysts count on that Academy Sports activities and Outdoor will publish 6.98 earnings per share for the present fiscal 12 months.

Academy Sports activities and Outdoor Proclaims Dividend

The corporate additionally lately disclosed a quarterly dividend, which will probably be paid on Thursday, October thirteenth. Buyers of file on Thursday, September fifteenth will probably 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 Outdoor’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 Outdoor throughout the 1st quarter price roughly $26,000. Prospera Monetary Providers Inc bought a brand new stake in Academy Sports activities and Outdoor throughout the 1st quarter price roughly $26,000. Captrust Monetary Advisors grew its place in Academy Sports activities and Outdoor by 55.0% throughout the 1st quarter. Captrust Monetary Advisors now owns 1,006 shares of the corporate’s inventory price $40,000 after buying a further 357 shares over the last quarter. Covestor Ltd bought a brand new stake in Academy Sports activities and Outdoor throughout the 4th quarter price roughly $59,000. Lastly, Kistler Tiffany Firms LLC bought a brand new stake in Academy Sports activities and Outdoor throughout the 2nd quarter price roughly $96,000. Institutional buyers personal 98.01% of the corporate’s inventory.

Academy Sports activities and Outdoor Firm Profile

(Get Score)

Academy Sports activities and Outdoor, Inc, by means 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 baggage; 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; crew sports activities tools, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health tools and equipment, and diet provides; and patio furnishings, outside cooking, wheeled items, trampolines, playsets, watersports, and pet tools, in addition to electronics merchandise, watches, consumables, batteries, and many others.

Additional Studying

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

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