A share price of Academy Sports and Outdoors Inc [ASO] is currently trading at $54.31, up 1.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ASO shares have gain 7.76% over the last week, with a monthly amount glided 9.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Academy Sports and Outdoors Inc [NASDAQ: ASO] stock has seen the most recent analyst activity on December 05, 2024, when Telsey Advisory Group reiterated its Outperform rating and also revised its price target to $60 from $65. Previously, Truist downgraded its rating to Hold on November 19, 2024, and dropped its price target to $50. On October 03, 2024, downgrade downgraded it’s rating to In-line and revised its price target to $60 on the stock. TD Cowen downgraded its rating to a Hold and decreased its price target to $54 on August 13, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $53 on August 05, 2024. UBS downgraded its rating to Neutral for this stock on June 12, 2024, and downed its price target to $58. In a note dated June 11, 2024, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $75 to $63.
Academy Sports and Outdoors Inc experienced fluctuations in its stock price throughout the past year between $44.73 and $75.73. Currently, Wall Street analysts expect the stock to reach $61.25 within the next 12 months. Academy Sports and Outdoors Inc [NASDAQ: ASO] shares were valued at $54.31 at the most recent close of the market. An investor can expect a potential return of 12.78% based on the average ASO price forecast.
Analyzing the ASO fundamentals
Trailing Twelve Months sales for Academy Sports and Outdoors Inc [NASDAQ:ASO] were 6.05B which represents -3.90% decline. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.23 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.32 points at the first support level, and at 52.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.98, and for the 2nd resistance point, it is at 55.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Academy Sports and Outdoors Inc [NASDAQ:ASO] is 1.57. Also, the Quick Ratio is 0.32, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.96 and price to earnings (TTM) ratio is 8.93.
Transactions by insiders
Recent insider trading involved Tweedy Jeffrey C., Director, that happened on Sep 18 ’24 when 1200.0 shares were sold. Director, Tweedy Jeffrey C. completed a deal on Sep 18 ’24 to buy 1200.0 shares. Meanwhile, Director Tweedy Jeffrey C. sold 625.0 shares on Jul 16 ’24.
