Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Academy Sports and Outdoors Inc (NASDAQ: ASO) closed at $58.13 up 1.27% from its previous closing price of $57.40. In other words, the price has increased by $1.27 from its previous closing price. On the day, 1.08 million shares were traded. ASO stock price reached its highest trading level at $58.75 during the session, while it also had its lowest trading level at $57.79.
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 12.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.81.
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, Jefferies on April 12, 2024, initiated with a Buy rating and assigned the stock a target price of $85.
On March 22, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $83 to $75.
Telsey Advisory Group reiterated its Outperform rating for the stock on March 15, 2024, while the target price for the stock was revised from $70 to $83.
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 Apr 23 ’24 when Tweedy Jeffrey C. sold 1,200 shares for $60.00 per share. The transaction valued at 72,000 led to the insider holds 7,870 shares of the business.
Tweedy Jeffrey C. sold 1,065 shares of ASO for $69,023 on Jan 02 ’24. The Director now owns 9,070 shares after completing the transaction at $64.81 per share. On Nov 15 ’23, another insider, Tweedy Jeffrey C., who serves as the Director of the company, sold 1,065 shares for $50.00 each. As a result, the insider received 53,250 and left with 10,135 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 4289470976 and an Enterprise Value of 5673956864. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.65, and their Forward P/E ratio for the next fiscal year is 7.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 0.921 whereas that against EBITDA is 7.193.
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 -10.72%, while the 200-Day Moving Average is calculated to be 1.04%.
Shares Statistics:
For the past three months, ASO has traded an average of 1.41M shares per day and 1205570 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 72.57M. Insiders hold about 1.66% of the company’s shares, while institutions hold 105.20% stake in the company. Shares short for ASO as of 1713139200 were 4351539 with a Short Ratio of 3.08, compared to 1710460800 on 7689249. Therefore, it implies a Short% of Shares Outstanding of 4351539 and a Short% of Float of 10.5.
Dividends & Splits
According to the company, the forward annual dividend rate for ASO is 0.38, from 0.38 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0066202087
