Academy Sports and Outdoors Inc [NASDAQ: ASO] traded at a low on Thursday, posting a -2.24 loss after which it closed the day’ session at $53.30.
The results of the trading session contributed to over 2292910 shares changing hands. Over the past one week, the price volatility of Academy Sports and Outdoors Inc stands at 5.18% while the volatility over the past one month is 4.02%.
The market cap for ASO stock reached $3.70 billion, with 70.92 million shares outstanding and 68.45 million shares in the current float. Compared to the average trading volume of 1.45M shares, ASO reached a trading volume of 2292910 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Academy Sports and Outdoors Inc [ASO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASO shares is $62.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASO stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Academy Sports and Outdoors Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 05, 2024. While these analysts kept the previous recommendation, Truist dropped their target price from $63 to $50. The new note on the price target was released on November 19, 2024, representing the official price target for Academy Sports and Outdoors Inc stock. Previously, the target price had yet another drop from $65 to $60, while Evercore ISI kept a In-line rating on ASO stock. On August 13, 2024, analysts decreased their price target for ASO shares from 58 to 54.
The Average True Range (ATR) for Academy Sports and Outdoors Inc is set at 2.13, with the Price to Sales ratio for ASO stock in the period of the last 12 months amounting to 0.61. The Price to Book ratio for the last quarter was 1.93, with the Price to Cash per share for the same quarter was set at 4.27. Price to Free Cash Flow for ASO in the course of the last twelve months was 8.58 with Quick ratio for the last quarter at 0.32.
How has ASO stock performed recently?
Academy Sports and Outdoors Inc [ASO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.11. With this latest performance, ASO shares gained by 6.60% in over the last four-week period, additionally plugging by 3.76% over the last 6 months – not to mention a drop of -5.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASO stock in for the last two-week period is set at 60.14, with the RSI for the last a single of trading hit 65.60, and the three-weeks RSI is set at 56.00 for Academy Sports and Outdoors Inc [ASO]. The present Moving Average for the last 50 days of trading for this stock 51.59, while it was recorded at 52.24 for the last single week of trading, and 56.16 for the last 200 days.
Academy Sports and Outdoors Inc [ASO]: Deeper insight into the fundamentals
Academy Sports and Outdoors Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 1.57.
Earnings analysis for Academy Sports and Outdoors Inc [ASO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Academy Sports and Outdoors Inc go to 14.00%.
Insider trade positions for Academy Sports and Outdoors Inc [ASO]
There are presently around $105.54%, or 108.95%% of ASO stock, in the hands of institutional investors. The top three institutional holders of ASO stocks are: BLACKROCK INC. with ownership of 11.28 million shares, which is approximately 15.244%. FMR LLC, holding 9.32 million shares of the stock with an approximate value of $$496.1 million in ASO stocks shares; and FMR LLC, currently with $$454.35 million in ASO stock with ownership which is approximately 11.5314%.
