Academy Sports and Outdoors Inc reaches 20-day high amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: Benzinga
Academy Sports and Outdoors Inc's stock price increased by 4.91% as it reached a 20-day high. This movement aligns with the broader market context, with the Nasdaq-100 up 0.84% and the S&P 500 up 0.56%.
The stock's rise is attributed to broad market strength, which has positively influenced investor sentiment. The overall market gains have provided a favorable backdrop for Academy Sports and Outdoors Inc, allowing it to capitalize on the upward trend.
This upward movement suggests a strong performance for the company, reflecting positive investor confidence and potentially setting the stage for continued growth in the upcoming trading sessions.
Analyst Views on ASO
Wall Street analysts forecast ASO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASO is 57.00 USD with a low forecast of 50.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 55.130
Low
50.00
Averages
57.00
High
65.00
Current: 55.130
Low
50.00
Averages
57.00
High
65.00
About ASO
Academy Sports and Outdoors, Inc. is a full-line sporting goods and outdoor recreation retailer in the United States. The Company's product assortment is focused on key categories of outdoor, apparel, sports and recreation, and footwear through both national brands and a portfolio of over 19 private label brands. It has preferred access to national brands, such as Nike, Under Armour, adidas, Winchester, Columbia Sportswear, Brooks, Skechers, Yeti and Carhartt. Its private label brand portfolio consists of Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Game Winner, Outdoor Gourmet, Freely and R.O.W. Its primary product types include coolers and drinkware, camping accessories and camping equipment; fitness equipment, fitness accessories and nutrition supplies; outdoor apparel, seasonal apparel, denim, work apparel, graphic t-shirts and accessories; casual shoes, slippers, seasonal footwear, socks; boys and girls footwear, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
