What 19 Analyst Ratings Have To Say About Academy Sports
Portfolio Pulse from Benzinga Insights
19 analysts have provided diverse opinions on Academy Sports (NASDAQ:ASO) over the past quarter, with a mix of bullish to bearish sentiments. The recent ratings show a shift towards a more bullish outlook, with an average 12-month price target of $79.11, up from $73.56. Analysts' actions range from maintaining to raising and lowering their price targets, reflecting their reaction to the company's performance and market conditions. Academy Sports has shown strong financial performance with a revenue growth rate of 2.77%, a net margin of 9.37%, and an ROE of 8.97%, outperforming industry averages.
April 01, 2024 | 5:01 pm
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Academy Sports (NASDAQ:ASO) has received diverse analyst ratings, with a recent shift towards a more bullish outlook and an updated average 12-month price target of $79.11. The company's strong financial performance, including a revenue growth rate of 2.77% and a net margin of 9.37%, supports a positive short-term impact on its stock price.
The increase in the average 12-month price target to $79.11 from $73.56, along with the company's strong financial performance indicators such as revenue growth, net margin, and ROE, suggest a positive outlook for ASO's stock price in the short term. The diverse but increasingly bullish analyst ratings further support this view.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100