Academy Sports and Outdoors Inc (NASDAQ: ASO) Could Achieve Gains In The Near Future

After Hours

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Stocks Info

Academy Sports and Outdoors Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Specialty Retail industry. The current market capitalization of Academy Sports and Outdoors Inc is $4.48B. A total of 1.01 million shares were traded on the day, compared to an average of 1.40M shares.

In the most recent transaction, Tweedy Jeffrey C. sold 1,200 shares of ASO for 60.00 per share on Apr 23 ’24. After the transaction, the Director now owns 7,870 company shares. In a previous transaction on Jan 02 ’24, Tweedy Jeffrey C. sold 1,065 shares at 64.81 per share. ASO shares that Director owns now total 9,070.

Among the insiders who sold shares, Tweedy Jeffrey C. disposed of 1,065 shares on Nov 15 ’23 at a per-share price of $50.00. This resulted in the Director holding 10,135 shares of ASO after the transaction. In another insider transaction, Tweedy Jeffrey C. sold 700 shares at $46.66 per share on Sep 28 ’23. Company shares held by the Director now total 11,200.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Academy Sports and Outdoors Inc pays an annual dividend of $0.38, resulting in a dividend yield of 0.63%, and it has a price to earnings (P/E) ratio of 9.03. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable 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 $1.25 per share for the current quarter. EPS was calculated based on a consensus of 16.0 estimates, with a high estimate of $1.36 per share and a lower estimate of $1.13. The company reported an EPS of $1.3 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $26.29, while its Total Shareholder’s Equity was $1.47B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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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