Academy Sports and Outdoors Inc (ASO) volume exceeds 1.18 million: A new investment opportunity for investors

On Monday, Academy Sports and Outdoors Inc (NASDAQ: ASO) was 3.99% up from the session before settling in for the closing price of $50.67. A 52-week range for ASO has been $44.21 – $75.73.

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A company in the Consumer Cyclical sector has jumped its sales by 5.71% annually for the last half of the decade. 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.

In an organization with 22000 employees, it is important to assess its efficiency. 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 1.36%, while institutional ownership is 107.12%. 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

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 0.60. Likewise, its price to free cash flow for the trailing twelve months is 8.96.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 1.02 million. That was inferior than the volume of 1.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.59%. Additionally, its Average True Range was 1.61.

During the past 100 days, Academy Sports and Outdoors Inc’s (ASO) raw stochastic average was set at 37.73%, which indicates a significant decrease from 38.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.50% in the past 14 days, which was lower than the 36.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $55.68, while its 200-day Moving Average is $58.52. However, in the short run, Academy Sports and Outdoors Inc’s stock first resistance to watch stands at $53.54. Second resistance stands at $54.40. The third major resistance level sits at $55.89. If the price goes on to break the first support level at $51.19, it is likely to go to the next support level at $49.70. Assuming the price breaks the second support level, the third support level stands at $48.84.

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

There are 70,309K outstanding shares of the company, which has a market capitalization of 3.69 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.