Academy Sports and Outdoors Inc (ASO) with a beta value of 1.35 appears to be a promising investment opportunity.

On Monday, Academy Sports and Outdoors Inc (NASDAQ: ASO) was 4.16% up from the session before settling in for the closing price of $68.01. A 52-week range for ASO has been $42.83 – $69.02.

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Consumer Cyclical Sector giant saw their annual sales surged by 8.06% over the last five years. When this article was written, the company’s average yearly earnings per share was at -8.87%. With a float of $72.93 million, this company’s outstanding shares have now reached $76.71 million.

The firm has a total of Dec 12 2023 workers. Let’s measure their productivity.

Academy Sports and Outdoors Inc (ASO) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Academy Sports and Outdoors Inc stocks. The insider ownership of Academy Sports and Outdoors Inc is 1.64%, while institutional ownership is 101.98%. The most recent insider transaction that took place on Jan 02, was worth 69,023. In this transaction Director of this company sold 1,065 shares at a rate of $64.81, taking the stock ownership to the 9,070 shares. Before that another transaction happened on Nov 15, when Company’s Director sold 1,065 for $50.00, making the entire transaction worth $53,250. This insider now owns 10,135 shares in total.

Academy Sports and Outdoors Inc (ASO) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 70.84 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 63.19% growth over the previous five years of trading.

Academy Sports and Outdoors Inc (NASDAQ: ASO) Trading Performance Indicators

You can see what Academy Sports and Outdoors Inc (ASO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 14.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.48, a number that is poised to hit 2.28 in the next quarter and is forecasted to reach 7.54 in one year’s time.

Technical Analysis of Academy Sports and Outdoors Inc (ASO)

Analysing the last 5-days average volume posted by the [Academy Sports and Outdoors Inc, ASO], we can find that recorded value of 1.02 million was lower than the volume posted last year of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 98.21%. Additionally, its Average True Range was 1.96.

During the past 100 days, Academy Sports and Outdoors Inc’s (ASO) raw stochastic average was set at 98.98%, which indicates a significant increase from 96.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.26% in the past 14 days, which was lower than the 39.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $62.51, while its 200-day Moving Average is $54.41. Now, the first resistance to watch is $71.88. This is followed by the second major resistance level at $72.91. The third major resistance level sits at $74.70. If the price goes on to break the first support level at $69.06, it is likely to go to the next support level at $67.27. Now, if the price goes above the second support level, the third support stands at $66.24.

Academy Sports and Outdoors Inc (NASDAQ: ASO) Key Stats

There are 74,151K outstanding shares of the company, which has a market capitalization of 5.25 billion. As of now, sales total 6,395 M while income totals 628,000 K. Its latest quarter income was 1,398 M while its last quarter net income were 99,980 K.