In last trading session, Academy Sports and Outdoors, Inc. (NASDAQ:ASO) saw 1,904,424 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $30.54 trading at -$0.28 or -0.91% at ring of the bell on the day assigns it a market valuation of $2.79 Billion. That closing price of ASO’s stock is at a discount of -2.82% from its 52-week high price of $31.4 and is indicating a premium of 60.54% from its 52-week low price of $12.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.98 Million shares which gives us an average trading volume of 1.57 Million if we extend that period to 3-months.
For Academy Sports and Outdoors, Inc. (ASO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 9 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 9 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.48 in the current quarter.
Academy Sports and Outdoors, Inc. (NASDAQ:ASO) trade information
In the face of being in the red during last session for losing -0.91%, in the last five days ASO remained trading in the green while hitting it’s week-highest on Monday, Apr 12 when the stock touched $32.60- price level, adding 6.32% to its value on the day. Academy Sports and Outdoors, Inc.’s shares saw a change of 47.32% in year-to-date performance and have moved 5.13% in past 5-day. Academy Sports and Outdoors, Inc. (NASDAQ:ASO) showed a performance of 19.62% in past 30-days. Number of shares sold short was 13.39 Million shares which calculate 8.53 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $31.89 to the stock, which implies a rise of 4.42% to its current value. Analysts have been projecting $30 as a low price target for the stock while placing it at a high target of $35. It follows that stock’s current price would jump +14.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.77% for stock’s current value.
Academy Sports and Outdoors, Inc. (ASO) estimates and forecasts
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.29 Billion for the same. And 9 analysts are in estimates of company making revenue of $1.45 Billion in the next quarter that will end on July 01, 2021.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 32.7% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 178.3% while estimates for its earnings growth in next 5 years are of 41.9%
Academy Sports and Outdoors, Inc. (NASDAQ:ASO)’s Major holders
Insiders are in possession of 8.41% of company’s total shares while institution are holding 93.34% percent of that, with stock having share float percentage of 101.91%. Investors also watch the number of corporate investors in a company very closely, which is 140 institutions for Academy Sports and Outdoors, Inc. that are currently holding shares of the company. Kohlberg Kravis Roberts & Co. L.P. is the top institutional holder at ASO for having 61.59 Million shares of worth $1.28 Billion. And as of December 30, 2020, it was holding 67.46% of the company’s outstanding shares.
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The second largest institutional holder is Samlyn Capital, LLC, which was holding about 2.14 Million shares on December 30, 2020. The number of shares represents firm’s hold over 2.35% of outstanding shares, having a total worth of $44.43 Million.
On the other hand, Federated Hermes Kaufmann Small Cap Fund and Fidelity Contrafund Inc are the top two Mutual Funds which own company’s shares. As of January 30, 2021, the former fund manager was holding 1315000 shares of worth $28.27 Million or 1.44% of the total outstanding shares. The later fund manager was in possession of 1.24 Million shares on February 27, 2021, making its stake of worth around $29.81 Million in the company or a holder of 1.36% of company’s stock.