Academy Sports & Outdoors Inc. (ASO) PT Raised to $87 at JPMorgan

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Evercore ISI on Academy Sports & Outdoors Inc. (ASO), 'The stock is indicated to give back much of its 8% ytd gains'

March 21, 2024 9:55 AM EDT

Evercore ISI analyst Greg Melich reiterated an Outperform rating and $75.00 price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO).

The analyst comments "Academys 4Q was a modest comp beat offset by higher than expected SG&A expense. Adj. 4Q EPS was $2.21 and missed consensus ($2.29) by $0.08. The big news: 2024 guidance more than 10% below the street due to a combination of comps below and SG&A costs higher than expected.... More

B.Riley on Academy Sports & Outdoors Inc. (ASO): 'results reflect the lack of allocations in key performance running brands'

March 21, 2024 9:40 AM EDT

B.Riley analyst Anna Glaessgen reiterated a Buy rating and $65.00 price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO).

The analyst comments "Academy Sports and Outdoors (ASOBuy, $65 PT) 4Q23 EPS came in below expectations, reflecting continued top-line pressure. Of greater focus is the 2024 guide; comps and EPS came in... More

Telsey on Academy Sports & Outdoors Inc. (ASO): 'Overall, earnings disappointed'

March 21, 2024 9:34 AM EDT

Telsey analyst Cristina Fernandez reiterated an Outperform rating and $83.00 price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO).

The analyst comments "Overall, earnings disappointed in 4Q23 and are anticipated to come in lower than we and the Street had expected in 2024. That said, we are... More

Academy Sports and Outdoor (ASO) Appoints Monique Picou to its Board

March 19, 2024 9:01 AM EDT

Academy Sports and Outdoors, Inc. ("Academy") (Nasdaq: ASO) today announced that Monique Picou has been appointed to the Board of Directors (the "Board"), effective immediately. With this change, Academy's Board now comprises ten directors.

"We are pleased to have Monique join our Board," said Ken Hicks, Executive Chairman of Academy. "Monique brings extensive experience in supply chain,... More

Edgewater Research Starts Academy Sports & Outdoors Inc. (ASO) at Neutral

March 19, 2024 7:05 AM EDT

Edgewater Research analyst Daryl Boehringer initiates coverage on Academy Sports & Outdoors Inc. (NASDAQ: ASO) with a Neutral rating.