It’s Not Over Yet For Academy Sports and Outdoors Inc (NASDAQ: ASO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Academy Sports + Outdoors Announces Executive Appointment.

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Stocks Info

Academy Sports and Outdoors Inc is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Specialty Retail industry. The current market capitalization of Academy Sports and Outdoors Inc is $5.54B. A total of 0.68 million shares were traded on the day, compared to an average of 1.18M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ASO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 45 BUYs and 30 SELLs from insiders. Insiders purchased 275,213 shares during that period but sold 268,417.

In the most recent transaction, Tweedy Jeffrey C. sold 1,065 shares of ASO for 64.81 per share on Jan 02. After the transaction, the Director now owns 9,070 company shares. In a previous transaction on Nov 15, Tweedy Jeffrey C. sold 1,065 shares at 50.00 per share. ASO shares that Director owns now total 10,135.

Among the insiders who sold shares, Tweedy Jeffrey C. disposed of 700 shares on Sep 28 at a per-share price of $46.66. This resulted in the Director holding 11,200 shares of ASO after the transaction. In another insider transaction, Johnson Samuel J sold 40,531 shares at $50.03 per share on Sep 12. Company shares held by the EVP, Retail Operations now total 70,303.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Academy Sports and Outdoors Inc pays an annual dividend of $0.36, resulting in a dividend yield of 0.48%, and it has a price to earnings (P/E) ratio of 11.54. ASO’s most recent ex-dividend date was 12/12/2023 when it declared a $0.09 quarterly dividend that was paid in cash on 1/10/2024. Previously, the company paid the dividend on 10/11/2023 with an ex-dividend date of 9/12/2023. The ASO stock dividend was $0.09 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ASO has a high of $75.29 and a low of $42.83.

As of this writing, ASO has an earnings estimate of $2.28 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.42 per share and a lower estimate of $2.02. The company reported an EPS of $2.09 in the last quarter, which was 5.00% higher than expectations of $1.99.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ASO’s latest balance sheet shows that the firm has $486.00M in Cash & Short Term Investments as of fiscal 2022. There were $1.85B in debt and $1.13B in liabilities at the time. Its Book Value Per Share was $24.18, while its Total Shareholder’s Equity was $1.47B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ASO is Buy with a score of 4.88.

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