Academy Sports activities and Outdoor (NASDAQ:ASO) PT Raised to $72.00 at Stephens

Academy Sports activities and Outdoor (NASDAQ:ASOGet Ranking) had its value goal boosted by equities analysis analysts at Stephens from $70.00 to $72.00 in a analysis report issued to shoppers and traders on Wednesday, The Fly stories. Stephens’ value goal would point out a possible upside of 86.05% from the inventory’s earlier shut.

A number of different analysis corporations have additionally lately weighed in on ASO. Loop Capital upped their value goal on shares of Academy Sports activities and Outdoor from $43.00 to $50.00 in a report on Wednesday, March thirtieth. Zacks Funding Analysis lowered shares of Academy Sports activities and Outdoor from a “purchase” ranking to a “maintain” ranking in a report on Wednesday, June 1st. Truist Monetary initiated protection on shares of Academy Sports activities and Outdoor in a report on Wednesday, Might eleventh. They issued a “purchase” ranking and a $53.00 value goal for the corporate. The Goldman Sachs Group lowered their value goal on shares of Academy Sports activities and Outdoor from $61.00 to $49.00 and set a “purchase” ranking for the corporate in a report on Wednesday, Might 4th. Lastly, Wells Fargo & Firm lowered their value goal on shares of Academy Sports activities and Outdoor from $62.00 to $58.00 and set an “obese” ranking for the corporate in a report on Thursday, March twenty fourth. One analyst has rated the inventory with a maintain ranking and twelve have issued a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat.com, Academy Sports activities and Outdoor has a consensus ranking of “Purchase” and a mean goal value of $54.23.

Shares of NASDAQ ASO opened at $38.70 on Wednesday. Academy Sports activities and Outdoor has a 1-year low of $25.10 and a 1-year excessive of $51.08. The corporate has a market cap of $3.34 billion, a PE ratio of 5.44, a P/E/G ratio of 0.36 and a beta of 1.65. The corporate has a present ratio of 1.52, a fast ratio of 0.48 and a debt-to-equity ratio of 0.47. The corporate has a 50-day transferring common of $36.91 and a two-hundred day transferring common of $38.06.

Academy Sports activities and Outdoor (NASDAQ:ASOGet Ranking) final introduced its earnings outcomes on Tuesday, June seventh. The corporate reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.32. Academy Sports activities and Outdoor had a web margin of 9.91% and a return on fairness of 51.14%. The corporate had income of $1.47 billion throughout the quarter, in comparison with the consensus estimate of $1.45 billion. Throughout the identical interval within the earlier 12 months, the agency posted $1.89 earnings per share. The corporate’s income was down 7.1% on a year-over-year foundation. As a gaggle, equities analysis analysts forecast that Academy Sports activities and Outdoor will submit 6.88 earnings per share for the present 12 months.

Institutional traders have lately made modifications to their positions within the inventory. Counterpoint Mutual Funds LLC purchased a brand new stake in shares of Academy Sports activities and Outdoor throughout the first quarter valued at about $26,000. Prospera Monetary Companies Inc bought a brand new place in shares of Academy Sports activities and Outdoor throughout the first quarter value about $26,000. Captrust Monetary Advisors grew its holdings in shares of Academy Sports activities and Outdoor by 55.0% throughout the first quarter. Captrust Monetary Advisors now owns 1,006 shares of the corporate’s inventory value $40,000 after buying an extra 357 shares within the final quarter. Future Monetary Wealth Managment LLC bought a brand new place in shares of Academy Sports activities and Outdoor throughout the fourth quarter value about $44,000. Lastly, Nisa Funding Advisors LLC grew its holdings in shares of Academy Sports activities and Outdoor by 826.7% throughout the fourth quarter. Nisa Funding Advisors LLC now owns 1,390 shares of the corporate’s inventory value $54,000 after buying an extra 1,240 shares within the final quarter. Institutional traders and hedge funds personal 89.94% of the corporate’s inventory.

Academy Sports activities and Outdoor Firm Profile (Get Ranking)

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

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