Academy Sports + Outdoors
About: Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The product categories of the company are outdoors, apparel, sports & recreation, and footwear.
Employees: 22,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 117
7.55% more ownership
Funds ownership: 96.56% [Q1] → 104.11% (+7.55%) [Q2]
4% less funds holding
Funds holding: 367 [Q1] → 353 (-14) [Q2]
18% less capital invested
Capital invested by funds: $4.85B [Q1] → $4B (-$852M) [Q2]
21% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 68
50% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 3 (-3) [Q2]
52% less call options, than puts
Call options by funds: $45.6M | Put options by funds: $94.9M
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Evercore ISI Group Greg Melich 85% 1-year accuracy 39 / 46 met price target | 8%upside $60 | In-Line Downgraded | 3 Oct 2024 |
Jefferies Jonathan Matuszewski 67% 1-year accuracy 2 / 3 met price target | 16%upside $64 | Buy Maintained | 11 Sept 2024 |
Morgan Stanley Simeon Gutman 65% 1-year accuracy 22 / 34 met price target | 8%upside $60 | Equal-Weight Maintained | 11 Sept 2024 |
Wells Fargo Will Gaertner 0 / 0 met price target | 8%downside $51 | Equal-Weight Maintained | 11 Sept 2024 |
TD Cowen John Kernan 49% 1-year accuracy 22 / 45 met price target | 1%upside $56 | Hold Maintained | 11 Sept 2024 |
Financial journalist opinion
Based on 5 articles about ASO published over the past 30 days