Academy Sports and Outdoors, Inc. - Common Stock (ASO)
46.46
-0.01 (-0.02%)
NASDAQ · Last Trade: Sep 16th, 1:11 AM EDT
Detailed Quote
Previous Close
46.47
Open
46.88
Bid
46.20
Ask
46.86
Day's Range
45.84 - 46.92
52 Week Range
33.34 - 64.61
Volume
1,752,917
Market Cap
4.28B
PE Ratio (TTM)
8.700
EPS (TTM)
5.3
Dividend & Yield
0.5200 (1.12%)
1 Month Average Volume
1,728,104
Chart
About Academy Sports and Outdoors, Inc. - Common Stock (ASO)
Academy Sports and Outdoors Inc. is a premier retailer specializing in sporting goods and outdoor recreational products. The company offers a wide range of merchandise, including athletic apparel, footwear, outdoor gear, and equipment for various sports and fitness activities. With a focus on providing customers access to high-quality products at competitive prices, Academy serves a diverse audience of sports enthusiasts, outdoor adventurers, and families. Their extensive store network and online platform facilitate a seamless shopping experience, catering to the needs of both casual and serious athletes alike. Read More
Shares of sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO)
fell 3.4% in the afternoon session after the stock extended its negative momentum as the company reported second-quarter results that missed Wall Street's expectations for both revenue and earnings.
Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) fell short of the market’s revenue expectations in Q2 CY2025 as sales rose 3.3% year on year to $1.6 billion. On the other hand, the company’s full-year revenue guidance of $6.13 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $1.94 per share was 9.1% below analysts’ consensus estimates.
Shares of sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO)
fell 8.5% in the afternoon session after the company reported second-quarter results that missed analyst expectations for both profit and sales.
Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 3.3% year on year to $1.6 billion. On the other hand, the company’s full-year revenue guidance of $6.13 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $1.94 per share was 9.1% below analysts’ consensus estimates.
ASO stock appears undervalued with a strong P/E ratio, high profitability, and solid financial health, making it a compelling pick for value investors.
A number of stocks fell in the morning session after a hotter-than-expected wholesale inflation report fueled concerns about slowing consumer spending.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing investor optimism for a Federal Reserve interest rate cut in September. This optimism was spurred by a recent Consumer Price Index (CPI) report that did not show runaway inflation, increasing the perceived probability of a rate cut to over 90%. Lower interest rates are generally seen as a positive for the economy as they reduce borrowing costs for consumers, which can stimulate spending on non-essential goods. Consequently, investors bid up shares in the apparel, home furnishings, and automotive retail industries in anticipation of stronger consumer demand.
A number of stocks jumped in the morning session after a tame inflation report boosted investor hopes for an interest rate cut from the Federal Reserve. The latest Consumer Price Index data showed the annual inflation rate held steady at 2.7%, reassuring investors who had feared that tariffs could lead to a spike in consumer prices. This milder-than-expected reading gives the Federal Reserve more flexibility to consider lowering interest rates, possibly as soon as next month. A potential rate cut could reduce borrowing costs for consumers and businesses, stimulating more spending and providing a significant boost for the retail industry. Adding to the optimism, reports of a 90-day tariff truce with China further eased concerns about future price pressures.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Shares of sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO)
jumped 3.9% in the afternoon session after analyst firm Monness Crespi & Hardt initiated coverage on the company with a 'Buy' rating.
