In-Depth Examination Of 8 Analyst Recommendations For Academy Sports
Portfolio Pulse from Benzinga Insights
Academy Sports (NASDAQ:ASO) received diverse analyst ratings over the past three months, with 1 bullish, 6 somewhat bullish, and 1 indifferent. The average 12-month price target is $64.5, down from $65.67. Analysts from Wells Fargo, Wedbush, Morgan Stanley, Telsey Advisory Group, and Truist Securities have provided updates, with some maintaining and others adjusting their price targets. Academy Sports has a strong market position, with a high net margin and ROE, but has seen a revenue decline of -6.44% as of October 31, 2023.
December 22, 2023 | 1:00 pm
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Academy Sports has received mixed analyst ratings with a slight decrease in the average price target. Despite strong financials, the company experienced a revenue decline, which may concern investors.
The mixed analyst ratings and the slight decrease in the average price target suggest uncertainty, which could lead to a neutral short-term impact on ASO's stock price. The strong financial indicators like net margin and ROE are positive, but the recent revenue decline may offset investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100