Academy Sports and Outdoors Inc (ASO) is destined for greater heights as its last quarter sales were 1,549 M

Academy Sports and Outdoors Inc (NASDAQ: ASO) kicked off on Tuesday, up 4.30% from the previous trading day, before settling in for the closing price of $50.41. Over the past 52 weeks, ASO has traded in a range of $44.73-$75.73.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Consumer Cyclical sector has jumped its sales by 5.71% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -12.86%. With a float of $69.35 million, this company’s outstanding shares have now reached $69.93 million.

In an organization with 22000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.18%, operating margin of 9.72%, and the pretax margin is 9.65%.

Academy Sports and Outdoors Inc (ASO) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Academy Sports and Outdoors Inc is 1.36%, while institutional ownership is 104.44%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.86% 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

Take a look at Academy Sports and Outdoors Inc’s (ASO) current performance indicators. Last quarter, stock had a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 8.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.09, a number that is poised to hit 1.82 in the next quarter and is forecasted to reach 6.67 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 2.59 million. That was better than the volume of 1.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.65%. Additionally, its Average True Range was 2.02.

During the past 100 days, Academy Sports and Outdoors Inc’s (ASO) raw stochastic average was set at 39.48%, which indicates a significant decrease from 93.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.82% in the past 14 days, which was higher than the 35.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $51.67, while its 200-day Moving Average is $56.35. However, in the short run, Academy Sports and Outdoors Inc’s stock first resistance to watch stands at $53.96. Second resistance stands at $55.35. The third major resistance level sits at $57.55. If the price goes on to break the first support level at $50.37, it is likely to go to the next support level at $48.17. Assuming the price breaks the second support level, the third support level stands at $46.78.

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

The company with the Market Capitalisation of 3.70 billion has total of 70,309K Shares Outstanding. Its annual sales at the moment are 6,159 M in contrast with the sum of 519,190 K annual income. Company’s last quarter sales were recorded 1,549 M and last quarter income was 142,590 K.