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
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more capital invested
Capital invested by funds: $4.09B [Q2] → $4.24B (+$151M) [Q3]
2% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 62
1% less funds holding
Funds holding: 354 [Q2] → 349 (-5) [Q3]
3.11% less ownership
Funds ownership: 106.58% [Q2] → 103.47% (-3.11%) [Q3]
12% less call options, than puts
Call options by funds: $63.1M | Put options by funds: $71.6M
13% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 134
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
0%
upside
Avg. target
$60
18%
upside
High target
$65
27%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
TD Cowen John Kernan 84% 1-year accuracy 51 / 61 met price target | 19%upside $61 | Hold Maintained | 8 Jan 2025 |
Citigroup Paul Lejuez 81% 1-year accuracy 29 / 36 met price target | 27%upside $65 | Buy Initiated | 18 Dec 2024 |
Truist Securities Joseph Civello 73% 1-year accuracy 16 / 22 met price target | 0%downside $51 | Hold Maintained | 11 Dec 2024 |
Baird Justin Kleber 46% 1-year accuracy 6 / 13 met price target | 27%upside $65 | Outperform Maintained | 11 Dec 2024 |
Telsey Advisory Group Cristina Fernandez 88% 1-year accuracy 29 / 33 met price target | 17%upside $60 | Outperform Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 3 articles about ASO published over the past 30 days
Positive
Seeking Alpha
1 week ago
Academy Sports and Outdoors: A Value Play Ready To Regain Momentum
Academy Sports and Outdoors is expanding aggressively, planning to open 160-180 new stores over five years, leveraging favorable demographics in high-growth markets. Despite 11 quarters of negative same-store sales, ASO has consistently generated positive free cash flow, highlighting operational efficiency. TTM FCF yield is 11%. For fiscal year 2025, I expect ASO to deliver same-store sales growth in the low-single digits. This coupled with new store openings should push the overall sales growth to mid-single digits.
Positive
Seeking Alpha
2 weeks ago
Academy Sports and Outdoors: An Undervalued Small Cap With A Moat
Academy Sports and Outdoors is a small-cap retailer with a wide economic moat and excellent value offering to customers. The company operates 290 stores across 18 states, offering a broad range of sports and outdoor products which outpaces the comparative offerings of rivals. Despite a tough Q3, Academy maintains strong financials with impressive margins, robust cash flow, and a conservative balance sheet.
Positive
Invezz
2 weeks ago
Top 3 small-cap stocks to buy ahead of Trump's inauguration
Small-cap stocks have been inching up in recent sessions but there are a bunch of names that are still trading at a significant discount. These stocks are all the more attractive to own ahead of Trump's inauguration on January 20th.
Positive
The Motley Fool
1 month ago
Returns From This Trio Were Lackluster in 2024. But These 3 Undervalued Stocks Are Among My Highest-Conviction Ideas for 2025
With just three weeks left in the year (as of this writing), the S&P 500 is up nearly 27% in 2024. To illustrate how great this gain is, if someone invested $10,000 and gained 27% annually, they'd have over $100,000 in just 10 years.
Neutral
Seeking Alpha
1 month ago
Academy Sports & Outdoors: I Sold After Understanding The Dual Narrative (Rating Downgrade)
Academy Sports & Outdoors faces challenges with profitability and sales growth, despite boasting industry-leading metrics and expansion potential. Q3 2024 earnings show declines in net sales, net income, and EPS, with a negative trend persisting year-to-date. The company has improved its balance sheet, reduced leverage, and initiated significant share repurchase programs, indicating financial stability.
Positive
Seeking Alpha
1 month ago
Academy Sports and Outdoors: Rating Upgrade On Positive SSSG Outlook
I upgraded my rating for Academy Sports and Outdoors from hold to buy, citing improving same-store sales growth and a major growth driver in FY25. Despite weak recent quarterly performance, I believe ASO's SSSG is showing an improving trend. The current valuation of ASO appears attractive, and I estimated a potential upside of 13%.
Negative
Zacks Investment Research
1 month ago
ASO Q3 Earnings & Revenues Miss Estimates, FY24 Guidance Down
Academy Sports and Outdoors' third-quarter fiscal 2024 results are hurt by challenges in October, which proves to be a tough month for the company.
Neutral
Seeking Alpha
1 month ago
Academy Sports and Outdoors, Inc. (ASO) Q3 2024 Earnings Call Transcript
Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q3 2024 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brad Morris - Director, Strategic Initiatives Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Emily Ghosh - Goldman Sachs Robby Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets Simeon Gutman - Morgan Stanley Anna Glaessgen - B. Riley Operator Good morning, and welcome to Academy Sports and Outdoors Third Quarter Fiscal 2024 Results Conference Call.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Academy Sports and Outdoors (ASO) Q3 Earnings: A Look at Key Metrics
The headline numbers for Academy Sports and Outdoors (ASO) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 month ago
Academy Sports and Outdoors, Inc. (ASO) Q3 Earnings and Revenues Lag Estimates
Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.38 per share a year ago.
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