ASO Stock Summary and Trading Ideas (Academy Sports And Outdoors | NASDAQ:ASO)

Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The product categories of the company are outdoors, apparel, sports & recreation, and footwear.

Academy Sports And Outdoors trades on the NASDAQ stock market under the symbol ASO.

As of September 17, 2024, ASO stock price climbed to $61.05 with 1,234,668 million shares trading.

ASO has a beta of 1.35, meaning it tends to be more sensitive to market movements. ASO has a correlation of 0.20 to the broad based SPY ETF.

ASO has a market cap of $4.29 billion. This is considered a Mid Cap stock.

Last quarter Academy Sports And Outdoors reported $2 billion in Revenue and $2.03 earnings per share. This fell short of revenue expectation by $-21 million and met earnings estimates .

In the last 3 years, ASO stock traded as high as $75.73 and as low as $25.10.

The top ETF exchange traded funds that ASO belongs to (by Net Assets): IJR, CALF, VTI, IWM, VB.

ASO stock has underperformed the market in the last year with a return of +22.4%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASO shares. However, ASO has outperformed the market in the last 3 month and 2 week periods, returning +13.7% and +11.5%, while SPY returned +3.2% and +2.0%, respectively. This indicates ASO has been having a stronger performance recently.

ASO support price is $58.17 and resistance is $60.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASO stock will trade within this expected range on the day.