The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $50.00 down -1.44% from its previous closing price of $50.73. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 1.16 million shares were traded. ASO stock price reached its highest trading level at $51.275 during the session, while it also had its lowest trading level at $49.92.
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 10.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 the company, Evercore ISI on October 03, 2024, Downgraded its rating to In-line and sets its target price to $60 from $65 previously.
On August 13, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $58 to $54.
JP Morgan Downgraded its Overweight to Neutral on August 05, 2024, whereas the target price for the stock was revised from $76 to $53.
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 Sep 18 ’24 when Tweedy Jeffrey C. sold 1,200 shares for $62.00 per share. The transaction valued at 74,400 led to the insider holds 8,906 shares of the business.
Tweedy Jeffrey C. bought 1,200 shares of ASO for $74,400 on Sep 18 ’24. On Jul 16 ’24, another insider, Tweedy Jeffrey C., who serves as the Director of the company, sold 625 shares for $54.25 each. As a result, the insider received 33,906 and left with 10,106 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 3568160000 and an Enterprise Value of 4885497856. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.72, and their Forward P/E ratio for the next fiscal year is 7.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 0.8 whereas that against EBITDA is 6.515.
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 $44.56. The 50-Day Moving Average of the stock is -9.46%, while the 200-Day Moving Average is calculated to be -13.96%.
Shares Statistics:
For the past three months, ASO has traded an average of 1.33M shares per day and 1390590 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 69.35M. Insiders hold about 1.36% of the company’s shares, while institutions hold 107.27% stake in the company. Shares short for ASO as of 1728950400 were 6392136 with a Short Ratio of 3.68, compared to 1726185600 on 5537898. Therefore, it implies a Short% of Shares Outstanding of 6392136 and a Short% of Float of 16.84.
Dividends & Splits
According to the company, the forward annual dividend rate for ASO is 0.42, from 0.42 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008279124
