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 December 10, 2024, ASO stock price climbed to $52.58 with 3,443,202 million shares trading.

ASO has a beta of 1.28, meaning it tends to be more sensitive to market movements. ASO has a correlation of 0.17 to the broad based SPY ETF.

ASO has a market cap of $3.70 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, CALF, VTI, IWM, VB.

ASO has underperformed the market in the last year with a return of -5.3%, while the SPY ETF gained +32.5%. In the last 3 month period, ASO fell short of the market, returning +0.1%, while SPY returned +10.6%. However, in the most recent 2 weeks ASO has outperformed the stock market by returning +6.4%, while SPY returned +0.9%.

ASO support price is $49.16 and resistance is $51.66 (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.