Analyst Scoreboard: 4 Ratings For Academy Sports
Portfolio Pulse from Benzinga Insights
Academy Sports (NASDAQ:ASO) received mixed analyst ratings over the past three months, with an updated average 12-month price target of $78.75, reflecting a 12.1% increase from the previous target. Analysts from Baird, Wells Fargo, and Truist Securities have raised their price targets, indicating a positive outlook on ASO's performance. Despite facing revenue challenges with a -6.44% decline over 3 months, ASO demonstrates strong financial health with impressive net margin, ROE, and ROA, and a conservative debt management approach.
March 12, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Academy Sports has received updated bullish analyst ratings with raised price targets, indicating a positive outlook despite recent revenue challenges. The company's strong financial indicators such as net margin, ROE, and ROA, alongside conservative debt management, support a positive short-term impact.
The positive adjustment in analyst ratings and price targets for ASO, despite a recent revenue decline, suggests confidence in the company's financial health and market position. The detailed analysis of ASO's net margin, ROE, ROA, and debt management further supports a bullish outlook, making it likely that these factors will contribute to a positive short-term impact on ASO's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100