There Is A Quest For Clarity Surrounding Academy Sports and Outdoors Inc (NASDAQ: ASO) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Specialty Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Academy Sports and Outdoors Inc is $4.29B. A total of 1.31 million shares were traded on the day, compared to an average of 1.36M 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

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Academy Sports and Outdoors Inc pays an annual dividend of $0.38, resulting in a dividend yield of 0.66%, and it has a price to earnings (P/E) ratio of 8.58. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. 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 $United States Oil Fund per share for the current quarter. EPS was calculated based on a consensus of Southern Company (The) estimates, with a high estimate of $Academy Sports and Outdoors, In per share and a lower estimate of $AutoZone, Inc..

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 $26.29, 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.

Most Popular

Related Posts