Is Academy Sports Stock a Good Investment?
Academy Sports Investment Advice | ASO |
- Examine Academy Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Academy Sports' leadership team and their track record. Good management can help Academy Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Retail space and any emerging trends that could impact Academy Sports' business and its evolving consumer preferences.
- Compare Academy Sports' performance and market position to its competitors. Analyze how Academy Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Academy Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Academy Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Academy Sports OutdoorsInc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Academy Sports OutdoorsInc is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Academy Sports Stock
Researching Academy Sports' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The book value of Academy Sports was presently reported as 26.29. The company has Price/Earnings To Growth (PEG) ratio of 0.61. Academy Sports Outdo recorded earning per share (EPS) of 6.7. The entity last dividend was issued on the 25th of March 2024.
To determine if Academy Sports is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Academy Sports' research are outlined below:
| Academy Sports Outdo generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of April 2024 Academy Sports paid $ 0.11 per share dividend to its current shareholders | |
| Latest headline from zacks.com: IHeartMedia Reports Q1 Loss, Misses Revenue Estimates |
Academy Sports uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Academy Sports OutdoorsInc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Academy Sports' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Academy Sports Analyst Ratings
Academy Sports' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Academy Sports stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Academy Sports' financials, market performance, and future outlook by experienced professionals. Academy Sports' historical ratings below, therefore, can serve as a valuable tool for investors.Academy Sports' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Academy Sports's market, we take the total number of its shares issued and multiply it by Academy Sports's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Academy Sports' profitablity analysis
Academy Sports' profitability indicators refer to fundamental financial ratios that showcase Academy Sports' ability to generate income relative to its revenue or operating costs. If, let's say, Academy Sports is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Academy Sports' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Academy Sports' profitability requires more research than a typical breakdown of Academy Sports' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income. Determining Academy Sports' profitability involves analyzing its financial statements and using various financial metrics to determine if Academy Sports is a good buy. For example, gross profit margin measures Academy Sports' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Academy Sports' profitability and make more informed investment decisions.
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 Outdo. 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 Specialty Retail 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 OutdoorsInc. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management manipulating its earnings.
Basic technical analysis of Academy Stock
As of the 14th of May 2024, Academy Sports shows the risk adjusted performance of (0.05), and Mean Deviation of 1.61. Academy Sports Outdo technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Academy Sports OutdoorsInc, which can be compared to its peers. Please confirm Academy Sports Outdo risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Academy Sports Outdo is priced correctly, providing market reflects its regular price of 56.35 per share. Given that Academy Sports has information ratio of (0.13), we suggest you to validate Academy Sports OutdoorsInc's prevailing market performance to make sure the company can sustain itself at a future point.Academy Sports' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Academy Sports insiders, such as employees or executives, is commonly permitted as long as it does not rely on Academy Sports' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Academy Sports insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Academy Sports' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Academy Sports' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (1,017) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.98 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.04 | |||
| Skewness | (1.17) | |||
| Kurtosis | 3.87 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (1,017) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.98 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.04 | |||
| Skewness | (1.17) | |||
| Kurtosis | 3.87 |
Consider Academy Sports' intraday indicators
Academy Sports intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Academy Sports stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 42997.99 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 57.34 | |||
| Day Typical Price | 57.01 | |||
| Price Action Indicator | (1.16) | |||
| Period Momentum Indicator | (0.35) | |||
| Relative Strength Index | 37.83 |
Academy Sports Corporate Filings
F4 | 1st of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 19th of April 2024 Other Reports | ViewVerify | |
8K | 21st of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 19th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Academy Stock media impact
Far too much social signal, news, headlines, and media speculation about Academy Sports that are available to investors today. That information is available publicly through Academy media outlets and privately through word of mouth or via Academy internal channels. However, regardless of the origin, that massive amount of Academy data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Academy Sports news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Academy Sports relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Academy Sports' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Academy Sports alpha.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Academy Sports without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Academy Sports Corporate Management
Elected by the shareholders, the Academy Sports' board of directors comprises two types of representatives: Academy Sports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Academy. The board's role is to monitor Academy Sports' management team and ensure that shareholders' interests are well served. Academy Sports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Academy Sports' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rene Casares | General VP | Profile | |
| Matt Hodges | Vice Relations | Profile | |
| William Ennis | Senior Officer | Profile | |
| Heather Davis | Treasury Accounting | Profile | |
| Elise Hasbrook | Vice Communications | Profile |
How to buy Academy Stock?
To provide specific investment advice or recommendations on Academy Sports OutdoorsInc stock, we recommend investors consider the following general factors when evaluating Academy Sports OutdoorsInc. This will help you to make an informed decision on whether to include Academy Sports in one of your diversified portfolios:- Examine Academy Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Academy Sports' leadership team and their track record. Good management can help Academy Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Retail space and any emerging trends that could impact Academy Sports' business and its evolving consumer preferences.
- Compare Academy Sports' performance and market position to its competitors. Analyze how Academy Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Academy Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Academy Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Academy Sports OutdoorsInc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Academy Sports OutdoorsInc is a good investment.
Already Invested in Academy Sports OutdoorsInc?
The danger of trading Academy Sports OutdoorsInc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Academy Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Academy Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Academy Sports Outdo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Academy Sports Outdo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Academy Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Academy Sports Outdoorsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoorsinc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports OutdoorsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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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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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 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.
In summary, please note that there is a difference between Academy Sports' value and its price, as these two are different measures arrived at by various 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.