After finishing at $70.20 in the prior trading day, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $68.41, down -2.55%. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 1538042 shares were traded.
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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 18.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.94.
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, Truist on November 17, 2023, initiated with a Buy rating and assigned the stock a target price of $57.
On August 28, 2023, Gordon Haskett Downgraded its rating to Hold which previously was Accumulate and also lowered its target price recommendation from $56 to $52.
On August 14, 2023, Telsey Advisory Group started tracking the stock assigning a Outperform rating and target price of $72.Telsey Advisory Group initiated its Outperform rating on August 14, 2023, with a $72 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 5.21B and an Enterprise Value of 6.73B. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.56, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 1.10 whereas that against EBITDA is 8.30.
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 67.14, while the 200-Day Moving Average is calculated to be 55.53.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 1.09M shares per day over the last 10 days, according to various share statistics. A total of 76.71M shares are outstanding, with a floating share count of 72.93M. Insiders hold about 1.64% of the company’s shares, while institutions hold 104.91% stake in the company. Shares short for ASO as of Feb 15, 2024 were 8.8M with a Short Ratio of 7.65, compared to 9M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.86% and a Short% of Float of 22.32%.
Dividends & Splits
In the trailing 12 months, ASO’s forward annual dividend rate was 0.36, compared to 0.36 this year. Against a Trailing Annual Dividend Yield of 0.51%, it implies a Forward Annual Dividend Yield of 0.64%.
