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

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

Different equities analysts have additionally not too long ago issued reviews concerning the inventory. Truist Monetary initiated protection on shares of Academy Sports activities and Outside in a analysis notice on Wednesday, Might eleventh. They set a purchase score and a $53.00 worth goal for the corporate. Wedbush lifted their worth goal on shares of Academy Sports activities and Outside from $50.00 to $57.00 and gave the inventory an outperform score in a analysis notice on Thursday. Evercore ISI lifted their worth goal on shares of Academy Sports activities and Outside from $55.00 to $60.00 and gave the inventory an outperform score in a analysis notice on Thursday. Oppenheimer lifted their worth goal on shares of Academy Sports activities and Outside from $50.00 to $60.00 and gave the corporate an outperform score in a report on Thursday. Lastly, Stephens lifted their worth goal on shares of Academy Sports activities and Outside from $70.00 to $72.00 and gave the corporate an chubby 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. In response to knowledge from MarketBeat, the corporate at present has a consensus score of Average Purchase and a median goal worth of $56.64.

Academy Sports activities and Outside Inventory Efficiency

Shares of NASDAQ:ASO opened at $48.28 on Thursday. Academy Sports activities and Outside 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 transferring common of $42.72 and a two-hundred day easy transferring 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 Outside (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 Outside 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 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 Outside will put up 6.98 earnings per share for the present fiscal 12 months.

Academy Sports activities and Outside Proclaims Dividend

The corporate additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Thursday, October thirteenth. Traders of document 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 Outside’s dividend payout ratio (DPR) is presently 4.30%.

Institutional Inflows and Outflows

A number of giant traders have not too long ago modified their holdings of ASO. Counterpoint Mutual Funds LLC bought a brand new stake in Academy Sports activities and Outside throughout the 1st quarter price roughly $26,000. Prospera Monetary Companies Inc bought a brand new stake in Academy Sports activities and Outside throughout the 1st quarter price roughly $26,000. Captrust Monetary Advisors grew its place in Academy Sports activities and Outside 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 Outside throughout the 4th quarter price roughly $59,000. Lastly, Kistler Tiffany Corporations LLC bought a brand new stake in Academy Sports activities and Outside throughout the 2nd quarter price roughly $96,000. Institutional traders personal 98.01% of the corporate’s inventory.

Academy Sports activities and Outside Firm Profile

(Get Score)

Academy Sports activities and Outside, 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 luggage; marine gear and fishing rods, reels, baits, and gear; firearms, ammunition, archery and archery gear, camouflage attire, waders, taking pictures equipment, optics, airguns, and looking gear; staff 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 many others.

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

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