Academy Sports Outdoorsinc Stock Filter Stocks by Fundamentals
| ASO Stock | USD 59.27 1.83 3.19% |
Academy Sports OutdoorsInc fundamentals help investors to digest information that contributes to Academy Sports' financial success or failures. It also enables traders to predict the movement of Academy Stock. The fundamental analysis module provides a way to measure Academy Sports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Academy Sports stock.
Academy | Shares Owned by Institutions |
Academy Sports Institutional Holders
Institutional Holdings refers to the ownership stake in Academy Sports that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Academy Sports' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Academy Sports' value.| Shares | Tensile Capital Management Llc | 2023-09-30 | 1.2 M | Westwood Holdings Group Inc | 2023-12-31 | 1.2 M | Amvescap Plc. | 2023-12-31 | 1.2 M | Scopus Asset Management, Llc | 2023-12-31 | 975 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 972.4 K | Bank Of America Corp | 2023-12-31 | 892 K | Hhg Plc | 2023-12-31 | 813.4 K | Northern Trust Corp | 2023-12-31 | 810.6 K | Millennium Management Llc | 2023-12-31 | 771.5 K | Blackrock Inc | 2023-12-31 | 11.8 M | Fmr Inc | 2023-12-31 | 11.1 M |
Academy Fundamentals
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.0914 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 5.62 B | ||||
| Shares Outstanding | 73.79 M | ||||
| Shares Owned By Insiders | 2.78 % | ||||
| Shares Owned By Institutions | 97.22 % | ||||
| Number Of Shares Shorted | 4.69 M | ||||
| Price To Earning | 7.67 X | ||||
| Price To Book | 2.25 X | ||||
| Price To Sales | 0.71 X | ||||
| Revenue | 6.16 B | ||||
| Gross Profit | 2.21 B | ||||
| EBITDA | 788.33 M | ||||
| Net Income | 519.19 M | ||||
| Cash And Equivalents | 399.86 M | ||||
| Cash Per Share | 5.01 X | ||||
| Total Debt | 1.7 B | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 1.58 X | ||||
| Book Value Per Share | 26.29 X | ||||
| Cash Flow From Operations | 535.78 M | ||||
| Short Ratio | 2.51 X | ||||
| Earnings Per Share | 6.70 X | ||||
| Price To Earnings To Growth | 0.61 X | ||||
| Target Price | 76.88 | ||||
| Number Of Employees | 11.01 K | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 4.24 B | ||||
| Total Asset | 4.7 B | ||||
| Retained Earnings | 1.71 B | ||||
| Working Capital | 765.04 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 4.7 B | ||||
| Last Dividend Paid | 0.38 |
About Academy Sports Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Academy Sports OutdoorsInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Academy Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Academy Sports OutdoorsInc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Academy Sports Investors Sentiment
The influence of Academy Sports' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Academy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Academy Sports' public news can be used to forecast risks associated with an investment in Academy. The trend in average sentiment can be used to explain how an investor holding Academy can time the market purely based on public headlines and social activities around Academy Sports OutdoorsInc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Academy Sports' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Academy Sports' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Academy Sports' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Academy Sports.
Academy Sports Implied Volatility | 45.74 |
Academy Sports' implied volatility exposes the market's sentiment of Academy Sports OutdoorsInc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Academy Sports' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Academy Sports stock will not fluctuate a lot when Academy Sports' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Academy Sports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Academy Sports' short interest history, or implied volatility extrapolated from Academy Sports options trading.
Pair Trading with Academy Sports
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Academy Sports position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Academy Sports will appreciate offsetting losses from the drop in the long position's value.Moving together with Academy Stock
| 0.73 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
Moving against Academy Stock
| 0.67 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Academy Sports - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Academy Sports OutdoorsInc to buy it.
The correlation of Academy Sports is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports Outdo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Academy Sports can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Academy Sports Piotroski F Score and Academy Sports Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Academy Stock analysis
When running Academy Sports' price analysis, check to measure Academy Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Academy Sports is operating at the current time. Most of Academy Sports' value examination focuses on studying past and present price action to predict the probability of Academy Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Academy Sports' price. Additionally, you may evaluate how the addition of Academy Sports to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
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.
Quarterly Earnings Growth 0.118 | Dividend Share 0.38 | Earnings Share 6.7 | Revenue Per Share 81.7 | Quarterly Revenue Growth 0.028 |
The market value of Academy Sports Outdo 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 if Academy Sports is a good investment 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.