Academy Sports and Outdoors (ASO-Q)
NASDAQ:ASO
46.39
0.33
(0.71%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 5 opinions in the last 12 months.
Academy Sports and Outdoors (ASO) has garnered mixed reviews from analysts, highlighting a combination of strong performance indicators and concerns regarding past weaknesses. Recent earnings reports reflect a notable increase in free cash flow, but the stock has faced challenges, including a 12.3% downturn for some investors. Analysts have pointed out that despite being undervalued by various metrics, including earnings and book value, ASO has experienced lagging sales and a declining trend over the years. Efforts such as share buybacks and debt reduction are seen as positive initiatives, contributing to a growing cash reserve and enhancing its operational efficiency. However, the overall sentiment indicates caution, with a suggested stop-loss strategy and recommendations to cover positions reflecting earlier investment losses.
We reiterate this outdoor sports retailer as a TOP PICK. Recently reported earnings, showed a 68% increase in free cash flow. It trades at 9x earnings, under 2x book and supports a 24% ROE. We like that cash reserves continue to grow as the company aggressively buys back shares and retires debt. We recommend trailing up the stop (from $45) to $47, looking to achieve $63 -- upside potential of 17%. Yield 0.7%
(Analysts’ price target is $62.79)ASO is a retailer of outdoor sporting goods in the US. It trades at 8x earnings, under 2x book and supports a 25% ROE. The company just announced a large share buyback program, while recent earnings show cash reserves growing as debt is retired and shares bought back. We recommend setting a stop-loss at $37, looking to achieve $61 -- upside potential over 21%. Yield 0.8%
(Analysts’ price target is $61.21)ASO is cheap at 7.7x forward earnings, however, results have been lagging year-to-date down 22% driven by a weak first quarter. ASO is also flat over the prior twelve months. The company has displayed a declining sales trend over the last few years. There are some marketing initiatives that the company is engaged in that could help drive sales in the latter half of the year, but the first quarter was quite weak. Debt has come down nicely over the last few years and while not low, it appears to be more managable now. We are not overly intrigued by ASO, but it is cheap and does pay a small dividend which gives it some appeal. In an upward sales cycle it could do better but the recent weakness shows otherwise.
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Is very cheap, but also since the spring. The stock has done little very little. You can stwart buying it here, but not whole hog, because the stock is getting clubbed.
Our PAST TOP PICK with ASO has triggered its stop at $59. To remain disciplined we recommend covering the position at this time. This will result in a net investment gain of 30%, when combined with our previous buy recommendations.
Shares are cheap here and executing better than Dick's Sporting Goods. Sporting goods hold up better in a recession than broad retail. Excellent managers.
Academy Sports and Outdoors(ASO-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
Academy Sports and Outdoors(ASO-Q) Frequently Asked Questions
What is Academy Sports and Outdoors stock symbol?
Academy Sports and Outdoors is a American stock, trading under the symbol ASO-Q on the NASDAQ (ASO). It is usually referred to as NASDAQ:ASO or ASO-Q
Is Academy Sports and Outdoors a buy or a sell?
In the last year, 3 stock analysts published opinions about ASO-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Academy Sports and Outdoors.
Is Academy Sports and Outdoors a good investment or a top pick?
Academy Sports and Outdoors was recommended as a Top Pick by on . Read the latest stock experts ratings for Academy Sports and Outdoors.
Why is Academy Sports and Outdoors stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Academy Sports and Outdoors worth watching?
3 stock analysts on Stockchase covered Academy Sports and Outdoors In the last year. It is a trending stock that is worth watching.
What is Academy Sports and Outdoors stock price?
On 2025-03-18, Academy Sports and Outdoors (ASO-Q) stock closed at a price of $46.39.
Our PAST TOP PICK with ASO has triggered its stop at $47. To remain disciplined, we recommend covering the position at this time. When combined with our previous guidance, this will result in a net investment loss of 10%.