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After finishing at $55.89 in the prior trading day, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $54.78, down -1.99%. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 0.92 million shares were traded. ASO stock price reached its highest trading level at $55.28 during the session, while it also had its lowest trading level at $54.02.
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 10.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.83.
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:
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 Jul 16 ’24 when Tweedy Jeffrey C. sold 625 shares for $54.25 per share. The transaction valued at 33,906 led to the insider holds 10,106 shares of the business.
Tweedy Jeffrey C. sold 1,200 shares of ASO for $72,000 on Apr 23 ’24. The Director now owns 7,870 shares after completing the transaction at $60.00 per share. On Jan 02 ’24, another insider, Tweedy Jeffrey C., who serves as the Director of the company, sold 1,065 shares for $64.81 each. As a result, the insider received 69,023 and left with 9,070 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 4031090176 and an Enterprise Value of 5280233984. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.37, and their Forward P/E ratio for the next fiscal year is 7.68. 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 0.64 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 0.86 whereas that against EBITDA is 6.879.
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 3.22%, while the 200-Day Moving Average is calculated to be -7.05%.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 1134360 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 71.06M. Insiders hold about 1.48% of the company’s shares, while institutions hold 104.60% stake in the company. Shares short for ASO as of 1723680000 were 7217750 with a Short Ratio of 4.27, compared to 1721001600 on 6077536. Therefore, it implies a Short% of Shares Outstanding of 7217750 and a Short% of Float of 18.14.
Dividends & Splits
In the trailing 12 months, ASO’s forward annual dividend rate was 0.4, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 0.0071569155
