Academy Sports and Outdoors Inc (NASDAQ: ASO) on Tuesday, plunged -1.73% from the previous trading day, before settling in for the closing price of $54.24. Within the past 52 weeks, ASO’s price has moved between $42.83 and $75.73.
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Annual sales at Consumer Cyclical sector company grew by 5.71% over the past five years. The company achieved an average annual earnings per share of -6.11%. With a float of $71.06 million, this company’s outstanding shares have now reached $74.35 million.
Let’s look at the performance matrix of the company that is accounted for 22000 employees.
Academy Sports and Outdoors Inc (ASO) Insider and Institutional Ownership
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of Academy Sports and Outdoors Inc is 1.48%, while institutional ownership is 99.92%. The most recent insider transaction that took place on Jul 16 ’24, was worth 33,906. In this transaction Director of this company sold 625 shares at a rate of $54.25, taking the stock ownership to the 10,106 shares. Before that another transaction happened on Apr 23 ’24, when Company’s Director sold 1,200 for $60.00, making the entire transaction worth $72,000. This insider now owns 7,870 shares in total.
Academy Sports and Outdoors Inc (ASO) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -6.11% 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 95.10% growth over the previous five years of trading.
Academy Sports and Outdoors Inc (NASDAQ: ASO) Trading Performance Indicators
Academy Sports and Outdoors Inc (ASO) is currently performing well based on its current performance indicators. A quick ratio of 0.41 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 7.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.55, a number that is poised to hit 2.03 in the next quarter and is forecasted to reach 7.20 in one year’s time.
Technical Analysis of Academy Sports and Outdoors Inc (ASO)
Academy Sports and Outdoors Inc (NASDAQ: ASO) saw its 5-day average volume 1.4 million, a negative change from its year-to-date volume of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 11.04%. Additionally, its Average True Range was 1.83.
During the past 100 days, Academy Sports and Outdoors Inc’s (ASO) raw stochastic average was set at 16.79%, which indicates a significant decrease from 18.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.38% in the past 14 days, which was higher than the 36.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.94, while its 200-day Moving Average is $58.27. Nevertheless, the first resistance level for the watch stands at $54.42 in the near term. At $55.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.21. If the price goes on to break the first support level at $52.63, it is likely to go to the next support level at $51.96. The third support level lies at $50.84 if the price breaches the second support level.
Academy Sports and Outdoors Inc (NASDAQ: ASO) Key Stats
Market capitalization of the company is 3.84 billion based on 72,125K outstanding shares. Right now, sales total 6,159 M and income totals 519,190 K. The company made 1,364 M in profit during its latest quarter, and 76,470 K in sales during its previous quarter.
