Academy Sports Stock Target Price and Analyst Consensus

ASO Stock  USD 59.71  0.69  1.17%   
The current analyst and expert consensus on Academy Sports is Strong Buy, with 14 strong buy opinions. The current projected Academy Sports target price consensus is 68.44 with 19 analyst opinions. The most common way Academy Sports Outdo analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Academy Sports executives and customers to further validate their buy or sell advice. Academy Sports buy-or-sell recommendation module provides average expert sentiment on the projected Academy Sports Outdo target price to derive its highest and lowest estimates based on its projected price volatility. 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.
Lowest Forecast
62.28
Highest Forecast
75.97
Target Price
68.44
As of the 16th of April 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' Long Term Debt is very stable compared to the past year. As of the 16th of April 2024, Inventory is likely to grow to about 1.3 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.
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
57.4359.7362.03
Details
Intrinsic
Valuation
LowRealHigh
53.4255.7265.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.071.241.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Academy Sports. Your research has to be compared to or analyzed against Academy Sports' peers to derive any actionable benefits. When done correctly, Academy Sports' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Academy Sports Outdo.

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When determining whether Academy Sports Outdo 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 Outdoorsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoorsinc 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Academy Stock analysis

When running Academy Sports' price analysis, check to measure Academy Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Academy Sports is operating at the current time. Most of Academy Sports' value examination focuses on studying past and present price action to predict the probability of Academy Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Academy Sports' price. Additionally, you may evaluate how the addition of Academy Sports to your portfolios can decrease your overall portfolio volatility.
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The data published in Academy Sports' official financial statements usually reflect Academy Sports' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Academy Sports Outdo. For example, before you start analyzing numbers published by Academy accountants, it's critical to develop an understanding of what Academy Sports' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Academy Sports' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Academy Sports' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Academy Sports' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Academy Sports OutdoorsInc. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management manipulating its earnings.