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After finishing at $36.77 in the prior trading day, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $36.65, down -0.33%. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 1.71 million shares were traded. ASO stock price reached its highest trading level at $37.36 during the session, while it also had its lowest trading level at $36.14.
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 8.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.89 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 this company, Citigroup on December 18, 2024, initiated with a Buy rating and assigned the stock a target price of $65.
On December 05, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $65 to $60.
Truist Downgraded its Buy to Hold on November 19, 2024, whereas the target price for the stock was revised from $63 to $50.
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 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 2455722240 and an Enterprise Value of 3953348352. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.36, and their Forward P/E ratio for the next fiscal year is 5.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.666 whereas that against EBITDA is 6.086.
Stock Price History:
The Beta on a monthly basis for ASO is 1.33, which has changed by -0.35109776 over the last 52 weeks, in comparison to a change of 0.05279863 over the same period for the S&P500. Over the past 52 weeks, ASO has reached a high of $64.61, while it has fallen to a 52-week low of $33.34. The 50-Day Moving Average of the stock is -21.76%, while the 200-Day Moving Average is calculated to be -29.63%.
Shares Statistics:
The stock has traded on average 1.81M shares per day over the past 3-months and 2610830 shares per day over the last 10 days, according to various share statistics. A total of 68.33M shares are outstanding, with a floating share count of 66.05M. Insiders hold about 1.43% of the company’s shares, while institutions hold 115.37% stake in the company. Shares short for ASO as of 1743379200 were 8253929 with a Short Ratio of 4.57, compared to 1740700800 on 8830116. Therefore, it implies a Short% of Shares Outstanding of 8253929 and a Short% of Float of 23.809999.
Dividends & Splits
In the trailing 12 months, ASO’s forward annual dividend rate was 0.46, compared to 0.46 this year. Against a Trailing Annual Dividend Yield of 0.012510198