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Academy Sports and Outdoors Inc (NASDAQ: ASO) closed the day trading at $55.09 up 0.46% from the previous closing price of $54.84. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.06 million shares were traded. ASO stock price reached its highest trading level at $55.32 during the session, while it also had its lowest trading level at $54.2.
Ratios:
For a better understanding of ASO, let’s look at its different ratios. 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, UBS on June 12, 2024, Downgraded its rating to Neutral and sets its target price to $58 from $81 previously.
On June 11, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $75 to $63.
On April 12, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $85.Jefferies initiated its Buy rating on April 12, 2024, with a $85 target price.
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 3973388288 and an Enterprise Value of 5302592512. As of this moment, Academy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.42, 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 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 0.864 whereas that against EBITDA is 6.908.
Stock Price History:
The Beta on a monthly basis for ASO is 1.34, which has changed by -0.050499856 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. 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 1.66%, while the 200-Day Moving Average is calculated to be -5.00%.
Shares Statistics:
Over the past 3-months, ASO traded about 1.63M shares per day on average, while over the past 10 days, ASO traded about 1498960 shares per day. 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 99.98% stake in the company. Shares short for ASO as of 1719532800 were 5792272 with a Short Ratio of 3.55, compared to 1717113600 on 5002338. Therefore, it implies a Short% of Shares Outstanding of 5792272 and a Short% of Float of 14.56.
Dividends & Splits
ASO’s forward annual dividend rate is 0.40, up from 0.4 a year ago. Against a Trailing Annual Dividend Yield of 0.007293946
