How have the shares performed?
Academy Sports and Outdoors Inc. (ASO) saw downtrend of -5.56% in the recent trading with $39.37 being its most recent. The current price level -6.23% lower than the highest price of $41.98 marked by the stock while trading over the past 52-weeks, whereas it is 226.72% higher than the lowest price of $12.05 the company dropped to over past 52-weeks. The latest news story on ASO appeared in PR Newswire under the title “Academy Sports + Outdoors Announces Participation in Upcoming Investor Conference” on Jun-10-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.23% below one month high and is +18.91% above of the lowest during that time. Looking into the simple moving average, Academy Sports and Outdoors Inc. (ASO)’s stock stands at a SMA-50 of $34.04 while that of 5-day is reading $40.54.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 9 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.70 for the stock.
Academy Sports and Outdoors Inc. Earnings – What Happened With ASO
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Academy Sports and Outdoors Inc. (ASO) last released financial results for the quarter that ended 4/29/2021, posting a surprise factor of 125.00% for net revenue.
ASO – Academy Sports and Outdoors Inc. Stock Earnings Estimates
The perspective of Academy Sports and Outdoors Inc. (NASDAQ:ASO)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.84 for stock’s EPS in the current quarter. 8 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 1.89.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 88.39 million. ASO does have institutional investors; and they hold 94.30% of the stock.
Academy Sports and Outdoors Inc. – Insider Activity and Holdings
As on Dec 30, 2020, Kohlberg Kravis Roberts & Co. L.P. was the top most holder in Academy Sports and Outdoors Inc. (NASDAQ:ASO) with an ownership of 61.59 million shares of the company or 65.77% of the stake worth $1.28 billion. The filing also reveals Samlyn Capital, LLC as the second largest holder in the company with a control over 2.29% of the outstanding shares. Its stake is worth $44.43 million for having 2.14 million shares in hand.
Tiger Global Management, LLC also came holding a key position in the company during the recent quarter and it now holds 1.87% of the outstanding shares. With this there are now 148 institutions which have possession in ASO’s shares.
Currently, the stock has been recommended as Strong Buy by 9 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.70 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Academy Sports and Outdoors Inc. has a debt to equity ratio of 0.60.
Academy Sports and Outdoors Inc.’s return on equity, or ROE, is 43.50%, compared to the industry average of 4.29% for Consumer Cyclical – Specialty Retail. Although this indicates that ASO uses its equity well, the metric will vary significantly depending on the industry.