NASDAQASO Archives

→ 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

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)

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

Tag: NASDAQASO

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