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| ASO Stock | USD 49.25 0.40 0.82% |
About 52% of Academy Sports' investor base is interested to short. The analysis of current outlook of investing in Academy Sports Outdoors suggests that many traders are impartial regarding Academy Sports' prospects. Academy Sports' investing sentiment overview a quick insight into current market opportunities from investing in Academy Sports Outdoors. Many technical investors use Academy Sports Outdoors stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Toro delivered earnings and revenue surprises of -4.07 percent and 8.05, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock
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Academy Sports Fundamental Analysis
We analyze Academy Sports' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Academy Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Academy Sports based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Academy Sports is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Academy Sports Outdoors Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Academy Sports stock to make a market-neutral strategy. Peer analysis of Academy Sports could also be used in its relative valuation, which is a method of valuing Academy Sports by comparing valuation metrics with similar companies.
Peers
Academy Sports Related Equities
| ULTA | Ulta Beauty | 3.04 | ||||
| BBY | Best Buy | 2.08 | ||||
| TSCO | Tractor Supply | 0.61 | ||||
| WSM | Williams Sonoma | 0.37 | ||||
| ORLY | OReilly Automotive | 0.06 | ||||
| GPC | Genuine Parts | 0.11 | ||||
| FIVE | Five Below | 0.33 | ||||
| RH | RH | 0.37 | ||||
| AZO | AutoZone | 0.64 | ||||
| DKS | Dicks Sporting | 3.00 | ||||
| AAP | Advance Auto | 6.95 |
Check out Academy Sports Hype Analysis, Academy Sports Correlation and Academy Sports Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Other Specialty Retail space 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 Outdoors 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.
Please note, there is a significant difference between Academy Sports' value and its price as these two are different measures arrived at by different 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.