Academy Sports and Outdoors Inc [NASDAQ: ASO] stock went on a downward path that fall over -0.32% on Thursday, amounting to a one-week price increase of more than 8.22%.
Over the last 12 months, ASO stock dropped by -34.26%. The one-year Academy Sports and Outdoors Inc stock forecast points to a potential upside of 19.18. The average equity rating for ASO stock is currently 2.15, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.29 billion, with 70.92 million shares outstanding and 68.43 million shares in the current float. Compared to the average trading volume of 1.58M shares, ASO stock reached a trading volume of 3998690 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $58.67 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 2.15. 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.
Citigroup have made an estimate for Academy Sports and Outdoors Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $65 to $60. The new note on the price target was released on December 05, 2024, representing the official price target for Academy Sports and Outdoors Inc stock. Previously, the target price had yet another drop from $63 to $50, while Truist kept a Hold rating on ASO stock. On October 03, 2024, analysts decreased their price target for ASO shares from 65 to 60.
The Average True Range (ATR) for Academy Sports and Outdoors Inc is set at 2.05, with the Price to Sales ratio for ASO stock in the period of the last 12 months amounting to 0.54. The Price to Book ratio for the last quarter was 1.71, 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 7.64 with Quick ratio for the last quarter at 0.32.
ASO Stock Performance Analysis:
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 8.22. With this latest performance, ASO shares dropped by -7.89% in over the last four-week period, additionally sinking by -22.33% over the last 6 months – not to mention a drop of -34.26% 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 44.54, with the RSI for the last a single of trading hit 47.53, and the three-weeks RSI is set at 43.76 for Academy Sports and Outdoors Inc [ASO]. The present Moving Average for the last 50 days of trading for this stock 51.51, while it was recorded at 46.64 for the last single week of trading, and 53.19 for the last 200 days.
Insight into Academy Sports and Outdoors Inc 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.
ASO Stock EPS
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 6.59%.
Academy Sports and Outdoors Inc [ASO] Institutonal Ownership Details
There are presently around $112.90%, or 116.63%% 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%.
