Analysts Point To Academy Sports and Outdoors Inc (NASDAQ: ASO) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Academy Sports + Outdoors Appoints Monique Picou to its Board of Directors.

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Stocks Info

As a NASDAQ listed company, ASO falls under the Consumer Cyclical sector while operating within the Specialty Retail industry segment. The current market capitalization of Academy Sports and Outdoors Inc is $5.27B. A total of 1.47 million shares were traded on the day, compared to an average of 1.16M shares.

In the most recent transaction, Tweedy Jeffrey C. sold 1,065 shares of ASO for 64.81 per share on Jan 02 ’24. After the transaction, the Director now owns 9,070 company shares. In a previous transaction on Nov 15 ’23, 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 ’23 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 ’23. Company shares held by the EVP, Retail Operations now total 70,303.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Academy Sports and Outdoors Inc pays an annual dividend of $0.36, resulting in a dividend yield of 0.51%, and it has a price to earnings (P/E) ratio of 10.97. ASO’s most recent ex-dividend date was 3/25/2024 when it declared a $0.11 quarterly dividend that was paid in cash on 4/18/2024. Previously, the company paid the dividend on 1/10/2024 with an ex-dividend date of 12/12/2023. The ASO stock dividend was $0.09 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ASO has a high of $75.73 and a low of $42.83.

As of this writing, ASO has an earnings estimate of $2.3 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.44 per share and a lower estimate of $2.15. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

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. 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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