After finishing at $63.28 in the prior trading day, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $63.38, up 0.16%. On the day, 1458666 shares were traded.
Ratios:
Our goal is to gain a better understanding of ASO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.38. 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 22, 2024, Reiterated its Outperform rating but revised its target price to $75 from $83 previously.
On March 15, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $70 to $83.
On November 17, 2023, Truist started tracking the stock assigning a Buy rating and target price of $57.Truist initiated its Buy rating on November 17, 2023, with a $57 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 4.71B and an Enterprise Value of 6.05B. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.43, and their Forward P/E ratio for the next fiscal year is 8.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 0.98 whereas that against EBITDA is 7.38.
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 68.32, while the 200-Day Moving Average is calculated to be 57.32.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 2.46M shares per day over the last 10 days, according to various share statistics. A total of 74.35M shares are outstanding, with a floating share count of 73.17M. Insiders hold about 1.66% of the company’s shares, while institutions hold 104.56% stake in the company. Shares short for ASO as of Mar 15, 2024 were 7.69M with a Short Ratio of 5.73, compared to 8.8M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.33% and a Short% of Float of 19.39%.
Dividends & Splits
In the trailing 12 months, ASO’s forward annual dividend rate was 0.38, compared to 0.38 this year. Against a Trailing Annual Dividend Yield of 0.60%, it implies a Forward Annual Dividend Yield of 0.65%.
Earnings Estimates
Its stock is currently analyzed by 16 different market analysts. On average, analysts expect EPS of $1.25 for the current quarter, with a high estimate of $1.43 and a low estimate of $1.07, while EPS last year was $1.3. The consensus estimate for the next quarter is $2.13, with high estimates of $2.43 and low estimates of $1.96.
Analysts are recommending an EPS of between $7.85 and $6.4 for the fiscal current year, implying an average EPS of $6.86. EPS for the following year is $7.67, with 16 analysts recommending between $9 and $6.95.
Revenue Estimates
A total of 16 analysts have provided revenue estimates for ASO’s current fiscal year. The highest revenue estimate was $6.48B, while the lowest revenue estimate was $6.15B, resulting in an average revenue estimate of $6.25B. In the same quarter a year ago, actual revenue was $6.16B, up 1.50% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $6.71B in the next fiscal year. The high estimate is $7.1B and the low estimate is $6.48B. The average revenue growth estimate for next year is up 7.30% from the average revenue estimate for this year.
