Q1 2024 EPS Estimates for Academy Sports and Outdoors, Inc. Lowered by Analyst (NASDAQ:ASO)

Q1 2024 EPS Estimates for Academy Sports and Outdoors, Inc. Lowered by Analyst (NASDAQ:ASO)

→ Urgent Warning (From Weiss Ratings)

Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Rating) – Research analysts at Wedbush lowered their Q1 2024 earnings per share (EPS) estimates for Academy Sports and Outdoors in a note issued to investors on Friday, March 10th. Wedbush analyst S. Basham now anticipates that the company will post earnings of $1.77 per share for the quarter, down from their previous forecast of $1.84. Wedbush currently has a “Outperform” rating and a $62.00 target price on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $7.39 per share. Wedbush also issued estimates for Academy Sports and Outdoors’ Q2 2024 earnings at $2.25 EPS and Q3 2024 earnings at $1.62 EPS.

Other analysts have also issued research reports about the company. Loop Capital lifted their price objective on Academy Sports and Outdoors from $60.00 to $65.00 in a report on Wednesday, December 14th. UBS Group lifted their price objective on Academy Sports and Outdoors from $60.00 to $76.00 and gave the stock a “buy” rating in a report on Thursday, December 8th. The Goldman Sachs Group lifted their price objective on Academy Sports and Outdoors from $65.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, February 17th. Cowen assumed coverage on Academy Sports and Outdoors in a report on Thursday, February 16th. They issued an “outperform” rating and a $72.00 price objective for the company. Finally, Cowen assumed coverage on Academy Sports and Outdoors in a report on Thursday, February 16th. They set an “outperform” rating and a $72.00 price target for the company. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an

Read More