Academy Sports activities and Outside, Inc. (NASDAQ:ASO) EVP Samuel J. Johnson Sells 112,000 Shares

Academy Sports activities and Outside, Inc. (NASDAQ:ASOGet Ranking) EVP Samuel J. Johnson bought 112,000 shares of the agency’s inventory in a transaction on Tuesday, September thirteenth. The shares had been bought at a median worth of $48.46, for a complete transaction of $5,427,520.00. Following the sale, the chief vice chairman now owns 132,539 shares within the firm, valued at $6,422,839.94. The sale was disclosed in a doc filed with the SEC, which is offered by way of the SEC web site.

Academy Sports activities and Outside Inventory Efficiency

Shares of NASDAQ:ASO opened at $48.05 on Friday. Academy Sports activities and Outside, Inc. has a 52 week low of $25.10 and a 52 week excessive of $51.51. The inventory has a market capitalization of $3.83 billion, a P/E ratio of 6.67, a PEG ratio of 0.72 and a beta of 1.37. The agency has a fifty day easy transferring common of $44.01 and a two-hundred day easy transferring common of $38.92. The corporate has a fast ratio of 0.41, a present ratio of 1.58 and a debt-to-equity ratio of 0.45.

Academy Sports activities and Outside (NASDAQ:ASOGet Ranking) final launched its quarterly earnings outcomes on Wednesday, September seventh. The corporate reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.23. Academy Sports activities and Outside had a web margin of 9.79% and a return on fairness of 44.64%. The agency had income of $1.69 billion through the quarter, in comparison with analysts’ expectations of $1.70 billion. Throughout the identical interval within the earlier yr, the corporate earned $2.34 EPS. The agency’s income for the quarter was down 5.9% in comparison with the identical quarter final yr. On common, analysts count on that Academy Sports activities and Outside, Inc. will publish 7.08 earnings per share for the present fiscal yr.

Academy Sports activities and Outside Dividend Announcement

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The corporate additionally just lately declared a quarterly dividend, which will probably be paid on Thursday, October thirteenth. Buyers of file on Thursday, September fifteenth will probably be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.30 dividend on an annualized foundation and a dividend yield of 0.62%. Academy Sports activities and Outside’s dividend payout ratio is presently 4.17%.

Hedge Funds Weigh In On Academy Sports activities and Outside

Massive traders have just lately made adjustments to their positions within the firm. Texas Everlasting College Fund bought a brand new place in shares of Academy Sports activities and Outside through the 1st quarter price about $2,448,000. Stratos Wealth Companions LTD. boosted its stake in shares of Academy Sports activities and Outside by 27.1% through the 1st quarter. Stratos Wealth Companions LTD. now owns 10,632 shares of the corporate’s inventory price $419,000 after buying a further 2,269 shares through the interval. Alliancebernstein L.P. boosted its stake in shares of Academy Sports activities and Outside by 24.9% through the 4th quarter. Alliancebernstein L.P. now owns 1,092,200 shares of the corporate’s inventory price $47,948,000 after buying a further 217,857 shares through the interval. Prospera Monetary Providers Inc bought a brand new place in shares of Academy Sports activities and Outside through the 1st quarter price about $26,000. Lastly, Peregrine Capital Administration LLC purchased a brand new stake in Academy Sports activities and Outside through the 1st quarter valued at about $10,922,000. 98.01% of the inventory is owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

A number of analysts have just lately commented on the inventory. Loop Capital assumed protection on shares of Academy Sports activities and Outside in a analysis report on Friday, September ninth. They set a “purchase” ranking and a $60.00 worth goal on the inventory. Morgan Stanley lifted their worth goal on shares of Academy Sports activities and Outside from $50.00 to $54.00 and gave the corporate an “equal weight” ranking in a report on Thursday, September eighth. Evercore ISI lifted their worth goal on shares of Academy Sports activities and Outside from $55.00 to $60.00 and gave the corporate an “outperform” ranking in a report on Thursday, September eighth. UBS Group lifted their worth goal on shares of Academy Sports activities and Outside from $55.00 to $60.00 and gave the corporate a “purchase” ranking in a report on Thursday, September eighth. Lastly, Stephens lifted their worth goal on shares of Academy Sports activities and Outside from $70.00 to $72.00 and gave the corporate an “chubby” ranking in a report on Wednesday, June eighth. One analysis analyst has rated the inventory with a maintain ranking and 9 have given a purchase ranking to the inventory. Based mostly on information from MarketBeat.com, Academy Sports activities and Outside has a consensus ranking of “Average Purchase” and a consensus worth goal of $58.70.

About Academy Sports activities and Outside

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Academy Sports activities and Outside, Inc, by way of its subsidiaries, operates as a sporting items and outside leisure merchandise retailer in the USA. The corporate sells coolers and drinkware, tenting equipment, tenting gear, sun shades, backpacks, and sports activities luggage; marine gear and fishing rods, reels, baits, and gear; firearms, ammunition, archery and archery gear, camouflage attire, waders, capturing equipment, optics, airguns, and looking gear; crew sports activities gear, together with baseball, soccer, basketball, soccer, golf, racket sports activities, and volleyball; health gear and equipment, and diet provides; and patio furnishings, outside cooking, wheeled items, trampolines, playsets, watersports, and pet gear, in addition to electronics merchandise, watches, consumables, batteries, and so on.

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Insider Buying and Selling by Quarter for Academy Sports and Outdoors (NASDAQ:ASO)

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