Academy Stock Financials

ASO
 Stock
  

USD 44.13  1.95  4.62%   

Financial data analysis helps to double-check if markets are presently mispricing Academy Sports And. We are able to interpolate and collect thirty-three available fundamental indicators for Academy Sports And, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Academy Sports And financials, including its net income, price to earnings to growth, and the relationship between the price to book and current ratio . Given that Academy Sports And has a number of shares shorted of 11.49 M, we suggest you to validate Academy Sports And prevailing market performance to make sure the company can sustain itself down the road. Use Academy Sports to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative upward sentiment. Check odds of Academy Sports to be traded at $55.16 in 90 days.
  
With this module, you can analyze Academy financials for your investing period. You should be able to track the changes in Academy Sports individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Academy Sports Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Academy Sports' financial statements are interrelated, with each one affecting the others. For example, an increase in Academy Sports' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 65
Academy Sports And has more than 65 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Academy Sports stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Academy Sports' official financial statements usually reflect Academy Sports' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Academy Sports And. For example, before you start analyzing numbers published by Academy accountants, it's critical to develop an understanding of what Academy Sports' liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Academy Sports' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Academy Sports' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Academy Sports' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Academy Sports And. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management to manipulate its earnings.

Academy Sports Company Summary

Academy Sports competes with Best Buy. Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas. Academy Sports operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 22000 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address1800 North Mason
SectorConsumer Cyclical
IndustrySpecialty Retail
BenchmarkDOW
Websitewww.academy.com
Phone281 646 5200
CurrencyUSD - US Dollar
You should never invest in Academy Sports without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Academy Stock, because this is throwing your money away. Analyzing the key information contained in Academy Sports' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Academy Sports Key Financial Ratios

Generally speaking, Academy Sports' financial ratios allow both analysts and investors to convert raw data from Academy Sports' financial statements into concise, actionable information that can be used to evaluate the performance of Academy Sports over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Academy Sports And reports annually and quarterly.

Academy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Academy Sports's current stock value. Our valuation model uses many indicators to compare Academy Sports value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Academy Sports competition to find correlations between indicators driving Academy Sports's intrinsic value. More Info.
Academy Sports And is rated second in return on equity category among related companies. It is rated second in book value per share category among related companies creating about  0.34  of Book Value Per Share per Return On Equity. The ratio of Return On Equity to Book Value Per Share for Academy Sports And is roughly  2.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Academy Sports by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Academy Sports' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Academy Sports' earnings, one of the primary drivers of an investment's value.

Academy Sports And Systematic Risk

Academy Sports' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Academy Sports volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Academy Sports And correlated with the market. If Beta is less than 0 Academy Sports generally moves in the opposite direction as compared to the market. If Academy Sports Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Academy Sports And is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Academy Sports is generally in the same direction as the market. If Beta > 1 Academy Sports moves generally in the same direction as, but more than the movement of the benchmark.
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About Academy Sports Financials

What exactly are Academy Sports Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Academy Sports' income statement, its balance sheet, and the statement of cash flows. Potential Academy Sports investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Academy Sports investors may use each financial statement separately, they are all related. The changes in Academy Sports's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Academy Sports's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Academy Sports is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Academy has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Academy Sports October 3, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Academy Sports help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Academy Sports And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Academy Sports And based on widely used predictive technical indicators. In general, we focus on analyzing Academy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Academy Sports's daily price indicators and compare them against related drivers.
Downside Deviation2.88
Information Ratio0.1228
Maximum Drawdown19.21
Value At Risk(5.03)
Potential Upside5.22
Please continue to Trending Equities. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Academy Sports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Academy Sports. If investors know Academy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Academy Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Academy Sports And is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine Academy Sports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.