Academy Sports Stock Target Price and Analyst Consensus

ASO Stock  USD 46.64  0.85  1.86%   
The current analyst and expert consensus on Academy Sports is Buy with 9 hold recommendations. The current projected Academy Sports target price consensus is 68.44 with 19 analyst opinions. One of the most common ways Academy Sports Outdoors analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Academy Sports vendors, executives, and/or customers. Academy Sports recommendation module provides expert sentiment on the projected Academy Sports Outdoors target price to derive its highest and lowest estimates based on target price standard deviation of 2.0671.
Lowest Forecast
62.28
Highest Forecast
75.97
Target Price
68.44
As of the 23rd of November 2024, Gross Profit is likely to drop to about 2 B. In addition to that, Pretax Profit Margin is likely to drop to 0.03. At this time, Academy Sports' Inventory is very stable compared to the past year. As of the 23rd of November 2024, Total Liabilities is likely to grow to about 3.3 B, while Common Stock Shares Outstanding is likely to drop about 68.7 M.
  
It's important to approach Academy Sports' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Academy Sports Target Price Consensus

Academy target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Academy Sports' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   19  Buy
Most Academy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Academy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Academy Sports Outdoors, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Academy Sports Target Price Projection

Academy Sports' current and average target prices are 46.64 and 68.44, respectively. The current price of Academy Sports is the price at which Academy Sports Outdoors is currently trading. On the other hand, Academy Sports' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Academy Sports Market Quote on 23rd of November 2024

Low Price46.11Odds
High Price47.25Odds

46.64

Target Price

Analyst Consensus On Academy Sports Target Price

Low Estimate62.28Odds
High Estimate75.97Odds

68.44

Historical Lowest Forecast  62.28 Target Price  68.44 Highest Forecast  75.97
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Academy Sports Outdoors and the information provided on this page.

Academy Sports Analyst Ratings

Academy Sports' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Academy Sports stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Academy Sports' financials, market performance, and future outlook by experienced professionals. Academy Sports' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Academy Sports price targets

Academy Sports' stock target price is an estimate of its future price, usually made by analysts. Using Academy Sports' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Academy Sports' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Academy Sports' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Academy Sports Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Academy Sports is a key component of Academy Sports valuation and have some predictive power on the future returns of a Academy Sports.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Academy Sports' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.9947.0649.13
Details
Intrinsic
Valuation
LowRealHigh
41.9856.8458.91
Details
Naive
Forecast
LowNextHigh
40.1642.2344.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.191.301.42
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
FinTech Idea
FinTech
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Momentum Idea
Momentum
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
When determining whether Academy Sports Outdoors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Academy Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Academy Sports Outdoors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoors Stock:
Check out Macroaxis Advice on Academy Sports to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.