Check Out What Academy Sports and Outdoors Inc. (ASO) Insiders Are Doing

The stock of Academy Sports and Outdoors Inc. (NASDAQ:ASO) increased by $0.07 on Wednesday to $36.13, up 0.19 percent. The last five days have seen an average of 2,501,958 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$7.54. The average number of shares traded over the last 20 days was 3,022,500, while the average volume over the last 50 days totaled 2,612,052.

ASO stock appreciated 14.29% since last month. On 05/25/22, the company’s shares reached a one-month low of $25.10. The stock touched a high of $51.08 on 01/03/22, after rallying from a low of $25.10 in 52 weeks. The price of ASO stock has declined by -17.86% or -$7.54 this year, reaching a new high 1 time. Still, the stock price is down -29.27% from the 52-week high.

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Insider Transactions

There have been 69 days since Academy Sports and Outdoors Inc. (ASO) last reported insider trading activity on Apr 14. On Apr 14, Director RAFF BERYL acquired 3 shares at $39.49 each. This transaction resulted in the insider spending $113. On Jan 14, HICKS KEN C added 20,000 shares at a price of US$38.91. After the transaction, the insider now owns 440,820 shares. Director MARLEY BRIAN T had earlier bought 10,000 shares on Jan 10 for $39.46 a share. The transaction was completed for $394,600.

Valuation Metrics

Academy Sports and Outdoors Inc. (ASO) has a trailing price-to-earnings (P/E) ratio of 5.18. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.44, the price-to-book (PB) ratio of 2.04, and the price-to-cash flow ratio of 6.32.

Company paid $0.0750 per share in dividends, remained unchanged from $0.0750 last year.

Financial Health

For the three months ended April 29, Academy Sports and Outdoors Inc.’s quick ratio was 0.40, while its current ratio was 1.60, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending April 29 is 0.45, and the total debt to equity ratio is 0.45. As far as profitability goes, gross margin for the trailing twelve months is 34.70% percent. Academy Sports and Outdoors Inc.’s operating margin stood at 13.10% for the same period. Based on annual data, it had gross profit of $2.35 billion and revenue of $6.77 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ASO’s return on assets (ROA) during the last 12 months has been 13.80%. There was a 33.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 44.20%.

Earnings Surprise

According to Academy Sports and Outdoors Inc.’s quarterly financial report for the quarter that ended April 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.47 billion, while revenues fell by -7.67% to $1.81 billion. It was predicted that Academy Sports and Outdoors Inc.’s quarterly earnings would be $1.73, but it ended up being $1.41, beating the consensus by 22.70%. EBITDA was $231.85 million for the quarter. At the end of Academy Sports and Outdoors Inc.’s most recent quarter ended April 29, its liabilities totaled 3.19 billion, while its total debt was $1.85 billion. Equity owned by shareholders amounts to $85.1 million.

Technical Picture

Here’s a quick look at Academy Sports and Outdoors Inc.’s (ASO) price momentum from a technical perspective. As of 21 June, the RSI 9-day stood at 55.69%, suggesting the stock is Neutral, with a 68.24% historical volatility rate.

The stochastic %K and %D were 44.25% and 31.74% respectively, while the average true range (ATR) was 1.91. Based on the 14-day stochastic reading of 56.74%, the RSI (14) reading is 53.22%. On the 9-day MACD Oscillator, the stock is at 0.35, and the 14-day reading is at -0.13.

Analyst Ratings

In its analyst report released on May 11, 2022, Truist began covering Academy Sports and Outdoors Inc. (NASDAQ: ASO). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Academy Sports and Outdoors Inc. (ASO) an Buy rating. ASO is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.

What is ASO’s price target for the next 12 months?

The current consensus forecast for the stock is between $44.00 and $72.00, with a median target price of $52.00. In analyzing these forecasts, the average price target given by analysts for Academy Sports and Outdoors Inc. (ASO) is $53.91.


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