Academy Sports and Outdoors Inc. (NASDAQ:ASO) went down by -1.46% from its latest closing price compared to the recent 1-year high of $47.65. The company’s stock price has collected -0.60% of loss in the last five trading sessions. MarketWatch.com reported on 10/09/21 that 6 reasons this is a fresh multiyear bull market and 6 stocks in the surprising sector you should favor
Is It Worth Investing in Academy Sports and Outdoors Inc. (NASDAQ :ASO) Right Now?
Academy Sports and Outdoors Inc. (NASDAQ:ASO) scored a price-to-earnings ratio above its average ratio, recording 7.17 x from its present earnings ratio. Opinions of the stock are interesting as 8 analysts out of 9 who provided ratings for Academy Sports and Outdoors Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $54.89, which is $8.19 above the current price. ASO currently public float of 92.28M and currently shorts hold a 11.89% ratio of that float. Today, the average trading volume of ASO was 2.52M shares.
ASO’s Market Performance
ASO stocks went down by -0.60% for the week, with a monthly drop of -14.02% and a quarterly performance of 3.25%, while its annual performance rate touched 195.09%. The volatility ratio for the week stands at 3.43% while the volatility levels for the past 30 days are set at 3.65% for Academy Sports and Outdoors Inc.. The simple moving average for the period of the last 20 days is -5.98% for ASO stocks with a simple moving average of 20.16% for the last 200 days.
Analysts’ Opinion of ASO
Many brokerage firms have already submitted their reports for ASO stocks, with UBS repeating the rating for ASO by listing it as a “Buy.” The predicted price for ASO in the upcoming period, according to UBS is $52 based on the research report published on September 10th of the current year 2021.
JP Morgan, on the other hand, stated in their research note that they expect to see ASO reach a price target of $55, previously predicting the price at $50. The rating they have provided for ASO stocks is “Overweight” according to the report published on September 10th, 2021.
Guggenheim gave a rating of “Buy” to ASO, setting the target price at $52 in the report published on September 10th of the current year.
ASO Trading at -2.50% from the 50-Day Moving Average
After a stumble in the market that brought ASO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.71% of loss for the given period.
Volatility was left at 3.65%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares sank -12.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.97% upper at present.
During the last 5 trading sessions, ASO fell by -0.60%, which changed the moving average for the period of 200-days by +97.07% in comparison to the 20-day moving average, which settled at $41.93. In addition, Academy Sports and Outdoors Inc. saw 91.46% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ASO starting from Davis Heather A., who sale 4,684 shares at the price of $43.03 back on Sep 23. After this action, Davis Heather A. now owns 526 shares of Academy Sports and Outdoors Inc., valued at $201,553 using the latest closing price.
KKR Group Partnership L.P., the 10% Owner of Academy Sports and Outdoors Inc., sale 18,645,602 shares at $43.52 during a trade that took place back on Sep 17, which means that KKR Group Partnership L.P. is holding 0 shares at $811,456,599 based on the most recent closing price.
Stock Fundamentals for ASO
Current profitability levels for the company are sitting at:
- +7.80 for the present operating margin
- +28.63 for the gross margin
The net margin for Academy Sports and Outdoors Inc. stands at +5.43. The total capital return value is set at 13.05, while invested capital returns managed to touch 9.35. Equity return is now at value 42.80, with 11.10 for asset returns.
Based on Academy Sports and Outdoors Inc. (ASO), the company’s capital structure generated 181.29 points at debt to equity in total, while total debt to capital is 64.45. Total debt to assets is 45.98, with long-term debt to equity ratio resting at 173.71. Finally, the long-term debt to capital ratio is 61.75.
When we switch over and look at the enterprise to sales, we see a ratio of 0.63, with the company’s debt to enterprise value settled at 0.56. The receivables turnover for the company is 363.47 and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.