Q1 2024 EPS Estimates for Academy Sports and Outdoors, Inc. Lowered by Analyst (NASDAQ:ASO)

→ Urgent Warning (From Weiss Ratings)

Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Rating) – Research analysts at Wedbush lowered their Q1 2024 earnings per share (EPS) estimates for Academy Sports and Outdoors in a note issued to investors on Friday, March 10th. Wedbush analyst S. Basham now anticipates that the company will post earnings of $1.77 per share for the quarter, down from their previous forecast of $1.84. Wedbush currently has a “Outperform” rating and a $62.00 target price on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $7.39 per share. Wedbush also issued estimates for Academy Sports and Outdoors’ Q2 2024 earnings at $2.25 EPS and Q3 2024 earnings at $1.62 EPS.

Other analysts have also issued research reports about the company. Loop Capital lifted their price objective on Academy Sports and Outdoors from $60.00 to $65.00 in a report on Wednesday, December 14th. UBS Group lifted their price objective on Academy Sports and Outdoors from $60.00 to $76.00 and gave the stock a “buy” rating in a report on Thursday, December 8th. The Goldman Sachs Group lifted their price objective on Academy Sports and Outdoors from $65.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, February 17th. Cowen assumed coverage on Academy Sports and Outdoors in a report on Thursday, February 16th. They issued an “outperform” rating and a $72.00 price objective for the company. Finally, Cowen assumed coverage on Academy Sports and Outdoors in a report on Thursday, February 16th. They set an “outperform” rating and a $72.00 price target for the company. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an

Read More

Rock Creek Group LP Cuts Holdings in Academy Sports and Outdoors, Inc. (NASDAQ:ASO)

Rock Creek Group LP cut its position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Rating) by 80.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the company’s stock after selling 40,000 shares during the quarter. Rock Creek Group LP’s holdings in Academy Sports and Outdoors were worth $422,000 at the end of the most recent quarter.

→ Urgent Warning (From Weiss Ratings)pixel

Several other hedge funds have also recently bought and sold shares of ASO. CWM LLC boosted its stake in shares of Academy Sports and Outdoors by 135.1% during the 3rd quarter. CWM LLC now owns 757 shares of the company’s stock valued at $32,000 after buying an additional 435 shares during the last quarter. Ronald Blue Trust Inc. bought a new stake in shares of Academy Sports and Outdoors in the 3rd quarter valued at approximately $29,000. Captrust Financial Advisors increased its holdings in shares of Academy Sports and Outdoors by 55.0% in the 1st quarter. Captrust Financial Advisors now owns 1,006 shares of the company’s stock valued at $40,000 after acquiring an additional 357 shares during the last quarter. Wipfli Financial Advisors LLC acquired a new stake in shares of Academy Sports and Outdoors during the 3rd quarter valued at approximately $43,000. Finally, HWG Holdings LP bought a new position in Academy Sports and Outdoors during the third quarter worth $65,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

ASO has been the topic of a number of recent research reports. UBS Group raised their price target on shares of Academy Sports and Outdoors from $60.00 to $76.00 and gave the stock a “buy” rating in a research

Read More

Gucci seeks next generation of esports talent with gaming academy

Dive Quick:

  • Gucci and esports corporation Faceit have partnered on an initiative that seeks to foster the subsequent generation of gaming expertise, like by furnishing mental health and fitness products and services for up-and-comers, for each a information release shared with Marketing and advertising Dive.
  • The Gucci Gaming Academy operates with groups like the Earth Well being Business and Mindwork to enable gamers manage problems together with general performance beneath stress, living in the highlight and teamwork. Members will also get entry to the luxury marketer’s Gucci Education platform and coaching classes to understand how to navigate player contracts and build their particular manufacturer.
  • The application, which selects its associates based on in-recreation functionality and own interviews to assess values and comfortable competencies, is provided for just one 12 months or right until the participant is signed to a experienced group. Gucci is kicking off the first course with four gamers of Counter-Strike: World wide Offensive (CS:GO) who by now compete in the Faceit Professional League, but it plans to expand that selection alongside with its stake as a luxurious manufacturer in gaming.

Dive Perception:

Gucci is angling for an early-mover edge in the booming planet of esports by the new gaming academy. The organization claims the thought, which aims to improve aspiring amateurs into professionals with no sacrificing their psychological wellness, is a to start with in the luxurious classification. Faceit is the most significant competitive gaming platform in the earth with extra than 26 million gamers.

For Gucci, the method offers a immediate way to construct interactions with gaming talent that might ultimately hit it massive. The news speaks to how gaming is commanding a more numerous audience, such as the forms of people who can shell out for greater-priced products. Gucci has experimented with its hand at

Read More

St. John Central Academy in Bellaire Launches ‘Esports’ Program | News, Sports, Jobs

&#13
&#13

&#13

Picture by Robert A. DeFrank – For Eric Schnegg, senior at St. John’s Central Academy in Bellaire, and other pupils, a passion for movie games has led to launching an esports software. Avid gamers contend versus Ohio-based players in on the net matches. Schnegg has acquired a scholarship at Marietta Higher education.