Don't Call It a Comeback (Yet). Academy Sports Has More Work to Do.
Core Viewpoint - Academy Sports & Outdoors appears undervalued following a prolonged downturn, yet the current weak momentum and limited growth potential indicate that investors may need to exercise patience before anticipating a recovery [1] Company Summary - The company has experienced a significant slump, leading to its current valuation being perceived as inexpensive [1] - Despite the attractive valuation, the company is facing challenges with weak momentum, suggesting that a turnaround may not be imminent [1] - Investors are advised to be cautious and may need to wait for more favorable conditions before making investment decisions regarding the company [1]