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 November 8, 2024, ASO stock price declined to $51.38 with 1,098,721 million shares trading.

ASO has a beta of 1.39, meaning it tends to be more sensitive to market movements. ASO has a correlation of 0.21 to the broad based SPY ETF.

ASO has a market cap of $3.61 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 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, VTI, CALF, VB, IWM.

ASO has underperformed the market in the last year with a price return of +9.6% while the SPY ETF gained +38.4%. ASO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.9% and -2.2%, respectively, while the SPY returned +13.1% and +3.3%, respectively.

ASO support price is $50.90 and resistance is $53.14 (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 shares will trade within this expected range on the day.