In the latest session, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $64.43 down -9.57% from its previous closing price of $71.25. In other words, the price has decreased by -$6.82 from its previous closing price. On the day, 8665617 shares were traded.
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Ratios:
For a deeper understanding of Academy Sports and Outdoors Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 15, 2024, Reiterated its Outperform rating but revised its target price to $83 from $70 previously.
On November 17, 2023, Truist started tracking the stock assigning a Buy rating and target price of $57.
Gordon Haskett Downgraded its Accumulate to Hold on August 28, 2023, whereas the target price for the stock was revised from $56 to $52.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 02 ’24 when Tweedy Jeffrey C. sold 1,065 shares for $64.81 per share. The transaction valued at 69,023 led to the insider holds 9,070 shares of the business.
Tweedy Jeffrey C. sold 1,065 shares of ASO for $53,250 on Nov 15 ’23. The Director now owns 10,135 shares after completing the transaction at $50.00 per share. On Sep 28 ’23, another insider, Tweedy Jeffrey C., who serves as the Director of the company, sold 700 shares for $46.66 each. As a result, the insider received 32,662 and left with 11,200 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASO now has a Market Capitalization of 5.28B and an Enterprise Value of 6.81B. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.59, and their Forward P/E ratio for the next fiscal year is 7.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is 8.39.
Stock Price History:
Over the past 52 weeks, ASO has reached a high of $75.73, while it has fallen to a 52-week low of $42.83. The 50-Day Moving Average of the stock is 67.87, while the 200-Day Moving Average is calculated to be 56.33.
Shares Statistics:
For the past three months, ASO has traded an average of 1.17M shares per day and 2.49M over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 72.93M. Insiders hold about 1.64% of the company’s shares, while institutions hold 104.93% stake in the company. Shares short for ASO as of Feb 29, 2024 were 8.3M with a Short Ratio of 7.08, compared to 8.49M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.20% and a Short% of Float of 21.07%.
Dividends & Splits
According to the company, the forward annual dividend rate for ASO is 0.36, from 0.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.51%, it implies a Forward Annual Dividend Yield of 0.62%.
Earnings Estimates
There are 18 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.31 for the current quarter, with a high estimate of $2.44 and a low estimate of $2.15, while EPS last year was $2.04. The consensus estimate for the next quarter is $1.39, with high estimates of $1.55 and low estimates of $1.29.
Analysts are recommending an EPS of between $7.21 and $6.91 for the fiscal current year, implying an average EPS of $7.06. EPS for the following year is $7.53, with 18 analysts recommending between $7.85 and $7.
Revenue Estimates
A total of 17 analysts believe the company’s revenue will be $1.8B this quarter.It ranges from a high estimate of $1.88B to a low estimate of $1.75B. As of the current estimate, Academy Sports and Outdoors Inc’s year-ago sales were $1.75B, an estimated increase of 3.00% from the year-ago figure.
A total of 18 analysts have provided revenue estimates for ASO’s current fiscal year. The highest revenue estimate was $6.25B, while the lowest revenue estimate was $6.11B, resulting in an average revenue estimate of $6.16B. In the same quarter a year ago, actual revenue was $6.4B, down -3.60% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $6.38B in the next fiscal year. The high estimate is $6.69B and the low estimate is $6.24B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
