Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of $4.150-4.500 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.350. The company issued revenue guidance of -.Academy Sports and Outdoors also updated its FY22 guidance to $4.15-4.50 EPS.
Shares of NASDAQ:ASO traded up $0.13 during midday trading on Thursday, hitting $40.03. The company had a trading volume of 3,055,700 shares, compared to its average volume of 2,134,745. Academy Sports and Outdoors has a twelve month low of $12.05 and a twelve month high of $41.03. The company has a current ratio of 1.21, a quick ratio of 0.36 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $3.75 billion and a PE ratio of 10.42. The firm’s 50-day moving average is $33.30.
Academy Sports and Outdoors (NASDAQ:ASO) last issued its earnings results on Monday, June 7th. The company reported $1.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $1.05. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.51 billion. The business’s quarterly revenue was up 39.1% on a year-over-year basis. As a group, equities research analysts expect that Academy Sports and Outdoors will post 3.66 earnings per share for the current fiscal year.
In related news, major shareholder 2006 Allstar Blocker L.P. Kkr sold 7,794,640 shares of the company’s stock in a transaction on Wednesday, April 7th. The shares were sold at an average price of $28.48, for a total value of $221,991,347.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William S. Simon sold 31,007 shares of the stock in a transaction on Monday, May 17th. The stock was sold at an average price of $35.30, for a total transaction of $1,094,547.10. Following the sale, the director now owns 8,782 shares of the company’s stock, valued at approximately $310,004.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,163,741 shares of company stock worth $634,733,291. Corporate insiders own 1.83% of the company’s stock.
Academy Sports and Outdoors Company Profile
Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. The company sells coolers and drinkware, camping accessories, camping equipment, sunglasses, backpacks, and sports bags; marine equipment and fishing rods, reels, baits, and equipment; firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, optics, airguns, and hunting equipment; baseball, football, basketball, soccer, golf, racket sports, volleyball, fitness equipment, fitness accessories, and nutrition; and patio equipment, outdoor cooking, wheeled goods, trampolines, play sets, watersports, pet equipment, electronics, and watches.
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