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After finishing at $57.65 in the prior trading day, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $56.48, down -2.03%. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 1.72 million shares were traded. ASO stock price reached its highest trading level at $58.42 during the session, while it also had its lowest trading level at $56.365.
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 12.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.81. 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, Jefferies on April 12, 2024, initiated with a Buy rating and assigned the stock a target price of $85.
On March 22, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $83 to $75.
Telsey Advisory Group reiterated its Outperform rating for the stock on March 15, 2024, while the target price for the stock was revised from $70 to $83.
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 4202416896 and an Enterprise Value of 5551188480. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.40, and their Forward P/E ratio for the next fiscal year is 7.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 0.901 whereas that against EBITDA is 7.038.
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 -16.21%, while the 200-Day Moving Average is calculated to be -1.59%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1353490 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 1.65% of the company’s shares, while institutions hold 104.45% stake in the company. Shares short for ASO as of 1711584000 were 4694231 with a Short Ratio of 3.43, compared to 1709164800 on 8301357. Therefore, it implies a Short% of Shares Outstanding of 4694231 and a Short% of Float of 11.84.
Dividends & Splits
In the trailing 12 months, ASO’s forward annual dividend rate was 0.38, compared to 0.38 this year.
Earnings Estimates
A comprehensive evaluation of Academy Sports and Outdoors Inc (ASO) is underway, with the input of Southern Company (The) analysts contributing to its current rating.The consensus estimate for the next quarter is $78.78, with high estimates of $56.48 and low estimates of $2,973.17.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
