Academy Sports Earnings Estimate

ASO
 Stock
  

USD 36.82  1.48  3.86%   

Many public companies, such as Academy Sports, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Academy Sports' earnings estimates, investors can diagnose different trends across Academy Sports' analyst sentiment over time as well as compare current estimates against different timeframes.
Academy Sports is projected to generate 7.0 in earnings per share on the 31st of December 2022. Academy Sports earnings estimates module stress-tests analyst consensus about projected Academy Sports And EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.
  
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The value of Gross Profit is estimated to slide to about 2.2 B. The value of Profit Margin is estimated to slide to 0.08

Academy Sports Earnings Estimation Breakdown

Calculation of earning per share of Academy Sports And is based on official Zacks consensus of 3 analysts regarding Academy Sports future annual earnings. Given the historical accuracy of 54.02%, the future earnings per share of Academy Sports is estimated to be 7.0 with the lowest and highest values of 6.92 and 7.11, respectively. Please note that this consensus of annual earnings estimates for Academy Sports And is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 6.97
6.92
Lowest
Expected EPS 7.0
7.11
Highest

Academy Sports Earnings Projection Consensus

Suppose the current estimates of Academy Sports' value are higher than the current market price of the Academy Sports stock. In this case, investors may conclude that Academy Sports is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Academy Sports' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

3

54.02%

6.97

7.0

Academy Sports Earnings History

Earnings estimate consensus by Academy Sports And analysts from Wall Street is used by the market to judge Academy Sports' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Academy Sports' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Academy Sports Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

232.35 Million

Share
Price to Earnings Ratio is expected to rise to 5.54 this year, although the value of Accumulated Retained Earnings Deficit will most likely fall to about 1.2 B. The value of Weighted Average Shares is estimated to slide to about 88.9 M. The value of Weighted Average Shares Diluted is expected to slide to about 92.5 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Academy Sports' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Academy Sports in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.6636.8240.98
Details
Intrinsic
Valuation
LowReal ValueHigh
33.1446.0350.19
Details
Naive
Forecast
LowNext ValueHigh
31.4335.6039.76
Details
8 Analysts
Consensus
LowTarget PriceHigh
45.0056.2568.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Academy Sports. Your research has to be compared to or analyzed against Academy Sports' peers to derive any actionable benefits. When done correctly, Academy Sports' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Academy Sports And.
Note that many institutional investors and large investment bankers can move markets due to the volume of Academy assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Academy Sports. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Academy stock price in the short term.

Academy Sports Earnings per Share Projection vs Actual

Actual Earning per Share of Academy Sports refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Academy Sports And predict the company's earnings will be in the future. The higher the earnings per share of Academy Sports, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Academy Sports Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Academy Sports, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Academy Sports should always be considered in relation to other companies to make a more educated investment decision.

Academy Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Academy Sports' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-06-07
2022-04-301.411.730.3222 
2022-03-29
2022-01-311.371.610.2417 
2021-12-10
2021-10-311.10691.750.643158 
2021-09-09
2021-07-311.43792.340.902162 
2021-06-08
2021-04-300.82661.891.0634128 
2021-03-30
2021-01-310.52191.090.5681108 
2020-12-10
2020-10-310.38690.910.5231135 
2020-09-01
2020-07-3100.720.72

About Academy Sports Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Academy Sports earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Academy Sports estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Academy Sports fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit1.3 B1.2 B
Earning Before Interest and Taxes EBIT908.5 M702.2 M
Earnings per Basic Share 7.38  5.97 
Earnings per Diluted Share 7.12  5.74 
Price to Earnings Ratio 5.10  5.54 
Earnings Before Interest Taxes and Depreciation Amortization EBITDAB817.5 M
Earnings before Tax859.5 M630.9 M
Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas. Academy Sports operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 22000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Academy Sports without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Academy Sports

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Academy Sports position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Academy Sports will appreciate offsetting losses from the drop in the long position's value.

Academy Sports Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Academy Sports - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Academy Sports And to buy it.
The correlation of Academy Sports is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports And moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Academy Sports can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Academy Sports And information on this page should be used as a complementary analysis to other Academy Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Academy Sports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Academy Sports. If investors know Academy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Academy Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.082
Market Capitalization
3.3 B
Quarterly Revenue Growth YOY
-0.071
Return On Assets
0.12
Return On Equity
0.45
The market value of Academy Sports And is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine Academy Sports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.