On Monday, Academy Sports and Outdoors Inc (NASDAQ: ASO) was -2.48% drop from the session before settling in for the closing price of $56.09. A 52-week range for ASO has been $43.07 – $75.73.
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Annual sales at Consumer Cyclical sector company grew by 5.71% over the past five years. When this article was written, the company’s average yearly earnings per share was at -9.86%. With a float of $69.35 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. In terms of profitability, gross margin is 33.31%, operating margin of 10.37%, and the pretax margin is 10.24%.
Academy Sports and Outdoors Inc (ASO) Insider Updates
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 1.55%, while institutional ownership is 107.29%. The most recent insider transaction that took place on Sep 18 ’24, was worth 74,400. In this transaction Director of this company sold 1,200 shares at a rate of $62.00, taking the stock ownership to the 8,906 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Director proposed sale 1,200 for $62.00, making the entire transaction worth $74,400.
Academy Sports and Outdoors Inc (ASO) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted 1.38 earnings per share (EPS) during the time that was less than consensus figure (set at 1.59) by -0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.86% 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
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 0.41. 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 9.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.48, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 6.91 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 1.04 million, a negative change from its year-to-date volume of 1.45 million. As of the previous 9 days, the stock’s Stochastic %D was 67.25%. Additionally, its Average True Range was 1.70.
During the past 100 days, Academy Sports and Outdoors Inc’s (ASO) raw stochastic average was set at 48.22%, which indicates a significant increase from 39.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.81% in the past 14 days, which was lower than the 37.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.91, while its 200-day Moving Average is $59.08. Nevertheless, the first resistance level for the watch stands at $55.82 in the near term. At $56.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.72. If the price goes on to break the first support level at $53.92, it is likely to go to the next support level at $53.13. Assuming the price breaks the second support level, the third support level stands at $52.02.
Academy Sports and Outdoors Inc (NASDAQ: ASO) Key Stats
There are 72,125K outstanding shares of the company, which has a market capitalization of 3.85 billion. As of now, sales total 6,159 M while income totals 519,190 K. Its latest quarter income was 1,549 M while its last quarter net income were 142,590 K.
