This trade activity should not be overlooked: Academy Sports and Outdoors Inc (ASO)

With 1.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.4 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $49.26 whereas the lowest price it dropped to was $47.89. The 52-week range on ASO shows that it touched its highest point at $75.73 and its lowest point at $44.73 during that stretch. It currently has a 1-year price target of $62.42. With its current market cap of 3.49 billion, ASO has annualized dividend of $0.42 while the current yield stands at 0.86%. ASO paid its most recent dividend on 1726704000, while the ex-dividend date for that was 1726704000. Beta for the stock currently stands at 1.31.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASO was up-trending over the past week, with a rise of 7.93%, but this was down by -6.35% over a month. Three-month performance dropped to -11.65% while six-month performance fell -15.70%. A look at the trailing 12-month EPS for ASO yields 6.48 with Next year EPS estimates of 6.86. For the next quarter, that number is 1.29. This implies an EPS growth rate of -10.30% for this year and 9.84% for next year. EPS is expected to grow by 14.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 95.10%.

Float and Shares Shorts:

At present, 74.35 million ASO shares are outstanding with a float of 69.35 million shares on hand for trading. On 2024-11-15, short shares totaled 6.28 million, which was 893.0001000000001 higher than short shares on 1728950400. In addition to Mr. Steven Paul Lawrence as the firm’s CEO & Director, Mr. Samuel J. Johnson serves as its President.

Institutional Ownership:

Through their ownership of 1.05498 of ASO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, ASO reported revenue of $1548980000.0 and operating income of $190086000.0. The EBITDA in the recently reported quarter was $224535000.0 and diluted EPS was $1.95.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASO since 13 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASO analysts setting a high price target of 85.0 and a low target of 50.0, the average target price over the next 12 months is 62.44444. Based on these targets, ASO could surge 74.0% to reach the target high and rise by 2.35% to reach the target low. Reaching the average price target will result in a growth of 27.83% from current levels.

Analysts have provided yearly estimates in a range of $7.14267 being high and $6.96435 being low. For ASO, this leads to a yearly average estimate of $7.02379. The surprise factor in the prior quarter was $1.22. Based on analyst estimates, the high estimate for the next quarter is $1.96 and the low estimate is $1.64. The average estimate for the next quarter is thus $1.8.