Academy Sports and Outdoors, Inc. , through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States.
Academy Sports & Outdoors stock last closed at $67.90, up 3.7% from the previous day, and has increased 6.44% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.22 percentage points. Academy Sports & Outdoors stock is currently +58.55% from its 52-week low of $42.83, and -10.34% from its 52-week high of $75.73.
There are currently 74.41M shares of ASO outstanding. The market capitalization of ASO is $5.05B. In the past 24 hours, 1.63M ASO shares were traded.
How to Buy Academy Sports & Outdoors Stock
Wondering how to invest in Academy Sports & Outdoors stock? Here's how.
Decide where to buy Academy Sports & Outdoors stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Academy Sports & Outdoors stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Fund your investment account: Pick your method of payment and add your info.
Analyze Academy Sports & Outdoors stock: The Academy Sports & Outdoors ticker symbol is ASO. Is Academy Sports & Outdoors stock a good investment? Should you buy shares of ASO? How do ASO's underlying business fundamentals look? Do top analysts think Academy Sports & Outdoors is a good buy? Why has ASO's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if ASO is a good stock to buy).
Execute your ASO trade: Decide if you will purchase ASO shares at the current market price or use a limit order to buy ASO shares at a particular price.
Track your investment in ASO: Create a watchlist to important updates regarding your position in Academy Sports & Outdoors stock.
Step 1: Decide where to buy Academy Sports & Outdoors stock
You need a brokerage account in order to access the NASDAQ market and buy ASO shares.
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Step 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can buy ASO today.
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Step 4: Analyze Academy Sports & Outdoors stock
Once you have decided on the best place to buy Academy Sports & Outdoors stock, it's crucial to analyze their stock before you buy, so you truly understand the risk and opportunity.
Academy Sports & Outdoors Metrics
ASO Price
$67.90
1w %
-4.7%
1y %
6.44%
5y %
N/A
P/E
9.85x
P/B
2.58x
P/S
0.83x
PEG
0.67x
Revenue
$6.16B
Earnings
$519.19M
Fore. Rev. Growth
5.8%
Fore. Earn. Growth
14.71%
Market Cap
$5.05B
Next Earnings
N/A
Next Dividend
N/A
ASO Fundamentals
WallStreetZen was created to help part-time investors do more accurate fundamental analysis.
You can see all of the due diligence checks on ASO's stock page.
Is ASO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ASO's intrinsic value.
Using relative valuations methods:
ASO could be undervalued based on its P/E ratio of 9.85x, relative to Specialty Retail industry P/E ratio of 30.99x
ASO may be undervalued based on its P/B ratio of 2.58x, relative to Specialty Retail industry P/B ratio of 11.87x
ASO may be undervalued based on its PEG ratio of 0.67x
ASO's operating cash flow of $535.78M allows it to safely service it's debt of $1.70B.
ASO earnings of $709.21M is not enough to cover its interest payments.
Total ASO debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the ASO balance sheet.
Failed Health Checks:
ASO profit margin has gone down from 9.8% to 8.4% in the past year.
ASO has a relatively high debt to equity ratio of 1.39.
There are more long-term liabilities than short-term assets on the ASO balance sheet.
Do Wall Street analysts think it's a good time to buy ASO stock
Out of 10 sell side analysts who research ASO, the consensus analyst rating on ASO is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ASO Analyst Forecasts
Joseph Civello, a bottom 40% analyst from Truist Securities maintains ASO with a strong buy rating and lowers their ASO price target from $77.00 to $75.00, on Mar 22, 2024.
John Kernan, a top 8% analyst from TD Cowen maintains ASO with a buy rating and lowers their ASO price target from $86.00 to $82.00, on Mar 22, 2024.
Joe Feldman, a top 1% analyst from Telsey Advisory Group maintains ASO with a buy rating and lowers their ASO price target from $83.00 to $75.00, on Mar 22, 2024.
Christopher Horvers, a top 7% analyst from JP Morgan maintains ASO with a strong buy rating and raises their ASO price target from $55.00 to $87.00, on Mar 20, 2024.
JP Morgan's Christopher Horvers raised their price target on Academy Sports & Outdoors (NASDAQ: ASO) by 58.2% from $55 to $87 on 2024/03/20. The analyst maintained their Strong Buy rating on the stock.
The analyst said they cut their estimate for Academy Sports & Outdoors' Q4 same-store-sales 3%, but are maintaining an above-consensus margin estimate driven by:
clean inventory.
a relatively rational promotional environment.
lingering freight benefits.
a vendor allowance shift from Q3.
However, the shares' setup appears "tricky" entering the print, Horvers cautioned.
Despite Academy Sports & Outdoors' valuation being "supportive," the outcome "feels more binary with potential froth at the high end of expectations," the analyst detailed.
Footnotes
The current Zacks Consensus EPS Estimate for Academy Sports & Outdoors' Q4 2023, scheduled for release on 2024/03/21, is $2.33 which, if achieved, would represent a 14.22% increase over Q4 2022's $2.04.
Beth Reed, a bottom 16% analyst from Truist Securities maintains ASO with a strong buy rating and maintains their ASO price target from $77.00 to $77.00, on Mar 19, 2024.
Last year, ASO earnings were $519.19M. During the past 5 year, ASO's earnings have grown by 87.16% per year. This was faster than the Specialty Retail industry average of 17.95%.
Last year, ASO revenue was $6.16B. In the past five year, ASO's revenue has gone up by 5.18% per year. This was slower than the Specialty Retail industry average of 11.66%.
No, Academy Sports & Outdoors doesn't provide an income stream by paying out dividends.
What do other investors have to say about ASO?
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Step 5: Execute your ASO trade
You have two main options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are generally the easiest way to buy.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, click the how to video below:
How much does it cost to buy one Academy Sports & Outdoors share?
As of Mar 27, 2024, it costs $67.90 to buy one share of Academy Sports & Outdoors stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.147 shares of ASO.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.