Academy Sports and Outdoors Inc [ASO] stock prices are up 1.31% to $55.46 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ASO shares have gain 5.92% over the last week, with a monthly amount drifted -0.23%, and not 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 18, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $65. Previously, Telsey Advisory Group reaffirmed its Outperform rating on December 05, 2024, and dropped its price target to $60. On November 19, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $50 on the stock. Evercore ISI downgraded its rating to a In-line and decreased its price target to $60 on October 03, 2024. TD Cowen downgraded its rating to a Hold and reduced its price target to $54 on August 13, 2024. JP Morgan downgraded its rating to Neutral for this stock on August 05, 2024, and downed its price target to $53. In a note dated June 12, 2024, UBS downgraded an Neutral rating on this stock and revised its target price from $81 to $58.
The stock price of Academy Sports and Outdoors Inc [ASO] has been fluctuating between $44.73 and $75.73 over the past year. 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 $55.46 at the most recent close of the market. An investor can expect a potential return of 10.44% based on the average ASO price forecast.
Analyzing the ASO fundamentals
The Academy Sports and Outdoors Inc [NASDAQ:ASO] reported sales of 6.05B for trailing twelve months, representing a drop of -3.90%. 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 54.62 points at the first support level, and at 53.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.23, and for the 2nd resistance point, it is at 57.00.
Ratios To Look Out For
It’s worth pointing out that Academy Sports and Outdoors Inc [NASDAQ:ASO]’s Current Ratio is 1.57. As well, the Quick Ratio is 0.32, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 9.12.
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.
