(ASO) Academy Sports Outdoors - Ratings and Ratios

Academy Sports and Outdoors, Inc. is a leading sporting goods and outdoor recreational retailer in the United States, operating through multiple subsidiaries. The company has a diverse product portfolio, catering to various customer needs across outdoor activities, sports, and recreation. Its outdoors division offers a wide range of products, including camping gear, fishing equipment, and hunting accessories, while its sports and recreation division provides fitness equipment, team sports gear, and recreation products. The companys apparel and footwear divisions offer a variety of products, including outdoor and seasonal apparel, athletic wear, and casual shoes.

The companys product offerings are complemented by its brand portfolio, which includes Academy Sports + Outdoors, Magellan Outdoors, and several other proprietary brands. With a rich history dating back to 1938, Academy Sports and Outdoors has established itself as a prominent player in the sporting goods retail industry, with a strong presence across the United States. Its headquarters is located in Katy, Texas, and it operates through a significant online presence, accessible at https://www.academy.com.

Analyzing the companys , we observe that the stock has been trending upwards, with a current price of $45.90, above its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $43.10 and $40.60, respectively. However, it is below its 200-day simple moving average (SMA200) of $49.69, indicating a potential resistance level. The Average True Range (ATR) of 1.71, equivalent to 3.74%, suggests moderate volatility. The stock has a 52-week high of $62.35 and a low of $34.10, indicating a significant price range.

From a fundamental perspective, Academy Sports and Outdoors has a market capitalization of $2.89 billion, with a price-to-earnings (P/E) ratio of 7.58 and a forward P/E ratio of 7.30. The companys return on equity (RoE) stands at 21.39%, indicating a relatively strong profitability. By combining the insights from and , we can forecast that the stock may experience a short-term correction due to its proximity to the SMA200 resistance level. However, its strong RoE and relatively low P/E ratio suggest a potential long-term growth opportunity, making it an attractive investment prospect for those looking to capitalize on the sporting goods retail industrys growth.

Based on the analysis, a potential trading strategy could involve monitoring the stocks price action around the SMA200 level, looking for a breakout or a pullback to the SMA50. If the stock breaks out above the SMA200, it could be a bullish signal, indicating a potential long-term uptrend. Conversely, a pullback to the SMA50 could provide a buying opportunity, given the companys strong fundamental profile. Investors should closely monitor the stocks price action and adjust their strategies accordingly.