The stock of Academy Sports and Outdoors Inc (ASO) has seen a 2.35% increase in the past week, with a 12.22% gain in the past month, and a -0.95% decrease in the past quarter. The volatility ratio for the week is 4.01%, and the volatility levels for the past 30 days are at 3.50% for ASO. The simple moving average for the past 20 days is 5.74% for ASO’s stock, with a -10.38% simple moving average for the past 200 days.

Is It Worth Investing in Academy Sports and Outdoors Inc (NASDAQ: ASO) Right Now?

Academy Sports and Outdoors Inc (NASDAQ: ASO) has a higher price-to-earnings ratio of 7.24x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.24. Analysts have mixed views on the stock, with 15 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Academy Sports and Outdoors Inc (ASO) is $66.94, which is $17.82 above the current market price. The public float for ASO is 73.30M, and currently, short sellers hold a 10.75% ratio of that float. The average trading volume of ASO on November 21, 2023 was 1.68M shares.

ASO) stock’s latest price update

Academy Sports and Outdoors Inc (NASDAQ: ASO) has seen a rise in its stock price by 1.97 in relation to its previous close of 48.17. However, the company has experienced a 2.35% gain in its stock price over the last five trading sessions. The Motley Fool reported 2023-11-20 that The warehouse-style business model for retail chains has proven successful in the past. These two companies are executing this long-term playbook well right now and are worth a look today.

Analysts’ Opinion of ASO

Many brokerage firms have already submitted their reports for ASO stocks, with Truist repeating the rating for ASO by listing it as a “Buy.” The predicted price for ASO in the upcoming period, according to Truist is $57 based on the research report published on November 17, 2023 of the current year 2023.

ASO Trading at 5.72% 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 -28.83% of loss for the given period.

Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 4.01%, as shares surge +12.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.38% upper at present.

During the last 5 trading sessions, ASO rose by +2.68%, which changed the moving average for the period of 200-days by -19.55% in comparison to the 20-day moving average, which settled at $46.72. In addition, Academy Sports and Outdoors Inc saw -6.51% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ASO starting from Tweedy Jeffrey C., who sale 1,065 shares at the price of $50.00 back on Nov 15. After this action, Tweedy Jeffrey C. now owns 10,135 shares of Academy Sports and Outdoors Inc, valued at $53,250 using the latest closing price.

Tweedy Jeffrey C., the Director of Academy Sports and Outdoors Inc, sale 700 shares at $46.66 during a trade that took place back on Sep 28, which means that Tweedy Jeffrey C. is holding 11,200 shares at $32,662 based on the most recent closing price.

Stock Fundamentals for ASO

Current profitability levels for the company are sitting at:

• +13.23 for the present operating margin
• +32.93 for the gross margin

The net margin for Academy Sports and Outdoors Inc stands at +9.82. The total capital return value is set at 25.21, while invested capital returns managed to touch 19.28. Equity return is now at value 33.16, with 11.59 for asset returns.

Based on Academy Sports and Outdoors Inc (ASO), the company’s capital structure generated 108.62 points at debt to equity in total, while total debt to capital is 52.07. Total debt to assets is 38.27, with long-term debt to equity ratio resting at 101.74. Finally, the long-term debt to capital ratio is 48.77.

When we switch over and look at the enterprise to sales, we see a ratio of 0.81, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 353.11 and the total asset turnover is 1.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.

Conclusion

To put it simply, Academy Sports and Outdoors Inc (ASO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.