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 January 27, 2025, ASO stock price declined to $55.82 with 1,078,283 million shares trading.

ASO has a beta of 0.86, meaning it tends to be less sensitive to market movements. ASO has a correlation of 0.08 to the broad based SPY ETF.

ASO has a market cap of $3.87 billion. This is considered a Mid Cap stock.

Last quarter Academy Sports And Outdoors reported $1 billion in Revenue and $.98 earnings per share. This fell short of revenue expectation by $-37 million and missed earnings estimates by -$.29.

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, CALF, VTI, IWM, VB.

ASO has underperformed the market in the last year with a price return of -13.3% while the SPY ETF gained +24.4%. However, in the short term, ASO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.4% vs +3.9% return in SPY. But in the last 2 weeks, ASO shares have been beat by the market, returning +0.6% compared to an SPY return of +3.1%.

ASO support price is $54.83 and resistance is $57.85 (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.