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Analyzing the Price-to-Earnings Ratio of Academy Sports and Outdoors Inc. (ASO)

The price-to-earnings ratio for Academy Sports and Outdoors Inc. (NASDAQ: ASO) is above average at 8.44x. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for ASO is $69.64, which is $9.17 above than the current price. The public float for ASO is 77.95M, and at present, short sellers hold a 15.50% of that float. The average trading volume of ASO on March 16, 2023 was 1.29M shares.

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ASO) stock’s latest price update

Academy Sports and Outdoors Inc. (NASDAQ: ASO)’s stock price has decreased by -0.10 compared to its previous closing price of 59.97. however, the company has experienced a -1.59% decrease in its stock price over the last five trading days. Barron’s reported on 09/07/22 that Academy Sports Stock Is Surging. Earnings, Guidance Crushed Estimates.

ASO’s Market Performance

Academy Sports and Outdoors Inc. (ASO) has experienced a -1.59% fall in stock performance for the past week, with a 2.53% rise in the past month, and a 8.10% rise in the past quarter. The volatility ratio for the week is 3.31%, and the volatility levels for the past 30 days are at 3.25% for ASO. The simple moving average for the last 20 days is 0.10% for ASO stock, with a simple moving average of 26.25% for the last 200 days.

Analysts’ Opinion of ASO

Many brokerage firms have already submitted their reports for ASO stocks, with Jefferies repeating the rating for ASO by listing it as a “Buy.” The predicted price for ASO in the upcoming period, according to Jefferies is $73 based on the research report published on March 14th of the current year 2023.

Cowen, on the other hand, stated in their research note that they expect to see ASO reach a price target of $72. The rating they have provided for ASO stocks is “Outperform” according to the report published on February 16th, 2023.

Loop Capital gave a rating of “Buy” to ASO, setting the target price at $60 in the report published on September 09th of the previous year.

ASO Trading at 4.13% 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 -6.23% of loss for the given period.

Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares surge +2.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.03% upper at present.

During the last 5 trading sessions, ASO fell by -1.59%, which changed the moving average for the period of 200-days by +76.31% in comparison to the 20-day moving average, which settled at $59.94. In addition, Academy Sports and Outdoors Inc. saw 14.03% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ASO starting from Davis Heather A., who sale 349 shares at the price of $60.41 back on Mar 06. After this action, Davis Heather A. now owns 176 shares of Academy Sports and Outdoors Inc., valued at $21,083 using the latest closing price.

Harriman Sherry L., the SVP, Logistics & Supply Chain of Academy Sports and Outdoors Inc., sale 11,969 shares at $61.07 during a trade that took place back on Feb 21, which means that Harriman Sherry L. is holding 2,742 shares at $730,947 based on the most recent closing price.

Stock Fundamentals for ASO

Equity return is now at value 40.30, with 13.10 for asset returns.


In summary, Academy Sports and Outdoors Inc. (ASO) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.