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As of close of business last night, Academy Sports and Outdoors Inc’s stock clocked out at $59.21, down -3.25% from its previous closing price of $61.20. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 1.07 million shares were traded. ASO stock price reached its highest trading level at $61.47 during the session, while it also had its lowest trading level at $59.085.
Ratios:
To gain a deeper understanding of ASO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.11. 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, TD Cowen on August 13, 2024, Downgraded its rating to Hold and sets its target price to $54 from $58 previously.
On August 05, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $76 to $53.
UBS Downgraded its Buy to Neutral on June 12, 2024, whereas the target price for the stock was revised from $81 to $58.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 4162972160 and an Enterprise Value of 5533040128. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.14, and their Forward P/E ratio for the next fiscal year is 8.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. 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 0.906 whereas that against EBITDA is 7.379.
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 8.25%, while the 200-Day Moving Average is calculated to be -0.73%.
Shares Statistics:
It appears that ASO traded 1.54M shares on average per day over the past three months and 1575650 shares per day over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 69.25M. Insiders hold about 1.50% of the company’s shares, while institutions hold 107.35% stake in the company. Shares short for ASO as of 1724976000 were 6130452 with a Short Ratio of 3.60, compared to 1722384000 on 6137264. Therefore, it implies a Short% of Shares Outstanding of 6130452 and a Short% of Float of 15.890001000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.42, ASO has a forward annual dividend rate of 0.42. Against a Trailing Annual Dividend Yield of 0.0068627447