Form 8-K Academy Sports & Outdoor For: Mar 21
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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 EDTEvercore 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 EDTB.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 EDTTelsey 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
