Currently, there are 66.47M common shares owned by the public and among those 65.64M shares have been available to trade.
The company’s stock has a 5-day price change of 4.30% and -4.66% over the past three months. ASO shares are trading -22.48% year to date (YTD), with the 12-month market performance down to -18.84% lower. It has a 12-month low price of $33.34 and touched a high of $64.61 over the same period. ASO has an average intraday trading volume of 1.85 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.33%, 9.78%, and -10.68% respectively.
Institutional ownership of Academy Sports and Outdoors Inc (NASDAQ: ASO) shares accounts for 113.28% of the company’s 66.47M shares outstanding.
It has a market capitalization of $2.97B and a beta (3y monthly) value of 1.29. The stock’s trailing 12-month PE ratio is 8.21, while the earnings-per-share (ttm) stands at $5.43. The company has a PEG of 1.11 and a Quick Ratio of 0.29 with the debt-to-equity ratio at 0.94. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.83% over the week and 2.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -1.78%, and 10.56% over the next financial year. EPS should shrink at an annualized rate of 7.43% over the next five years, compared to 33.97% over the past 5-year period.
Looking at the support for the ASO, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on December 18, 2024, with the firm’s price target at $65. Telsey Advisory Group coverage for the Academy Sports and Outdoors Inc (ASO) stock in a research note released on December 05, 2024 offered a Outperform rating with a price target of $60. Truist was of a view on November 19, 2024 that the stock is Hold, while Evercore ISI gave the stock In-line rating on October 03, 2024, issuing a price target of $65- $60. TD Cowen on their part issued Hold rating on August 13, 2024.
