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In the latest session, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $53.12 down -2.71% from its previous closing price of $54.60. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 1.18 million shares were traded. ASO stock price reached its highest trading level at $54.825 during the session, while it also had its lowest trading level at $53.03.
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 11.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.07. 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 3734792704 and an Enterprise Value of 5104860672. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.20, and their Forward P/E ratio for the next fiscal year is 7.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 0.836 whereas that against EBITDA is 6.808.
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 $43.07. The 50-Day Moving Average of the stock is -3.62%, while the 200-Day Moving Average is calculated to be -10.64%.
Shares Statistics:
For the past three months, ASO has traded an average of 1.45M shares per day and 1196770 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 69.22M. Insiders hold about 1.55% of the company’s shares, while institutions hold 107.31% stake in the company. Shares short for ASO as of 1727654400 were 5877237 with a Short Ratio of 4.05, compared to 1724976000 on 6130452. Therefore, it implies a Short% of Shares Outstanding of 5877237 and a Short% of Float of 15.479999999999999.
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 0.0076923077
