Academy Sports and Outdoor (ASO) Tops Q2 EPS by 97c

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Academy Sports and Outdoor (ASO) Announces 18.6M Share Secondary Offering; Concurrent $200M Share Buyback

September 13, 2021 7:09 AM EDT

Academy Sports and Outdoors, Inc. (NASDAQ: ASO) today announced that certain of its stockholders that are affiliates of Kohlberg Kravis Roberts & Co. L.P. (the Selling Stockholders) intend to offer for sale in an underwritten secondary offering 18,645,602 shares of common stock of Academy pursuant to a registration statement filed by Academy with the U.S. Securities and Exchange Commission (the SEC). No shares are being sold by Academy. The Selling Stockholders will receive all of the proceeds from this offering.

Academy announced that, subject to the completion of the offering, it intends to... More

Academy Sports & Outdoors Inc. (ASO) PT Raised to $60 at BofA Securities

September 10, 2021 9:44 AM EDT

BofA Securities analyst Robert Ohmes raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $60.00 (from $50.00) while maintaining a Buy rating.

is entering a growth phase.raise F22 EPS to $5.70 (from $4.35) to reflect F2Q upside & raised same-store sales expectations in F2H... More

Academy Sports & Outdoors Inc. (ASO) PT Raised to $55 at JPMorgan

September 10, 2021 9:07 AM EDT

JPMorgan analyst Christopher Horvers raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $55.00 (from $50.00) while maintaining a Overweight rating.

... More

Academy Sports & Outdoors Inc. (ASO) PT Raised to $53 at Credit Suisse

September 10, 2021 9:06 AM EDT

Credit Suisse analyst Lavesh Hemnani raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $53.00 (from $44.00) while maintaining a Outperform rating.

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Academy Sports & Outdoors Inc. (ASO) PT Raised to $52 at Guggenheim

September 10, 2021 6:49 AM EDT

Guggenheim analyst John Heinbockel raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $52.00 (from $45.00) while maintaining a Buy rating following strong results.

The analyst commented, "The significant 2Q beat was hardly a surprise after DKS robust print on August... More

Academy Sports & Outdoors Inc. (ASO) PT Raised to $55 at Wells Fargo Following EPS

September 9, 2021 4:01 PM EDT

Wells Fargo analyst Kate Fitzsimons raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $55.00 (from $45.00) while maintaining an Overweight rating following earnings.

The analyst commented, "As we wrote in our 8/11 note, we remain buyers of ASO particularly as the respected... More

Academy Sports & Outdoors Inc. (ASO) PT Raised to $50 at JPMorgan Ahead of Earnings

September 7, 2021 9:15 AM EDT

JPMorgan analyst Christopher Horvers raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $50.00 (from $46.00) ahead of 2Q21 earnings on September 9th BMO. As part of the note, the analyst increased '22EPS by 10% to $4.97 from $4.51.

The analyst reiterated an... More