Do you want to go hunting for value? These 3 stocks are undervalued, according to some Wall Street analysts.

Professional analysts don’t always know exactly which stocks to buy or how high those stocks might go. But when there is a strong consensus between them, I do not ignore it.

After all, these people have become professionals thanks to their in-depth knowledge of how businesses and the stock market work. If they largely agree on something, it’s worth noting.

There are many publicly available tools for tracking analyst opinions, including TipRanks. For this article, I found three stocks that most analysts believe investors should buy that could have at least a 25% upside from their current trading level. The three actions are Sports and Outdoor Academy (NASDAQ:ASS), Securities in Celsius securities (NASDAQ:CELH)And Good (NASDAQ: PLEASANT). Here’s what investors should know about each.

1. Academic sports

Of the 16 analysts tracked by TipRanks who cover the company, 12 recommend buying Academy Sports shares, while the other four recommend holding them. Their average price target is around $66 per share, or 25% higher than where the stock is trading at the time of this writing. Keep in mind that analysts typically make predictions about where a stock will be about 12 months out when setting price targets.

Academy Sports’ strategy is to operate huge sporting goods stores capable of high sales volume per location, similar to the strategy of Dick’s Sporting Goods. The company currently has just over 280 branches, but plans to open between 160 and 180 new stores over the next five years.

This expansion plan is expected to significantly increase Academy Sports’ sales in the coming years. But management is also striving to increase its profit margin to 10%. For perspective, the company’s profit margin was just under 6% in the first quarter of 2024.

Given its strong plans to grow sales and profits, it’s no wonder that most analysts who cover the company think Academy Sports stock is worth buying.

2. Celsius

Of the 10 prominent analysts who follow Celsius, eight recommend Buy and two recommend Hold. And these analysts generally think its upside potential is much greater than that of Academy Sports. Their consensus price target here is nearly $91 per share, about 47% higher than the current stock price.

Celsius’ drinks have rapidly grown in popularity in recent years, catapulting them to third place in terms of market share in the energy drinks niche, behind Red Bull and Monster. But one analyst noted that recent sales data suggests its market share fell from 12.4% to 12.2%, and the stock subsequently fell. sold off at more than 30%partly because of this news.

The story continues

Analysts may reduce their price targets for Celsius stock as more of them update their models based on recent sales data. However, the trees might not hide the forest. The reality is that this company has gained considerable market share in recent years, and its recent decline has been minimal. This doesn’t seem to be anything to worry about.

Moreover,…