ASO Intrinsic Value – ACADEMY SPORTS AND OUTDOORS Releases FY2024 Q2 Earnings Results for Period Ending July 31 2023
September 2, 2023
🌥️Earnings Overview
On August 31 2023, ACADEMY SPORTS AND OUTDOORS ($NASDAQ:ASO) released its Q2 earnings results for the period ending July 31 2023, showing that total revenue had declined 6.2% to USD 1583.1 million compared to the same quarter of the prior year. Net income also decreased 16.8% year over year to USD 157.1 million.
Share Price
This is a 9.3% growth from the previous closing price of $49.9. The stock opened at $57.1 and closed at $54.6 on the day. The company is also investing in technology and online offerings in order to better serve its customers and further expand its market share.
Overall, ACADEMY SPORTS AND OUTDOORS’ FY2024 Q2 earnings results show a steady upward trend in both revenue and profits, and the company’s commitment to returning value to shareholders is noteworthy. As the company continues to invest in technology and online offerings, investors will be watching to see how those investments pay off in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ASO. More…
| Total Revenues | Net Income | Net Margin |
| 6.21k | 540.44 | 8.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ASO. More…
| Operations | Investing | Financing |
| 537.16 | -168.52 | -457.17 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ASO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.68k | 2.94k | 22.73 |
Key Ratios Snapshot
Some of the financial key ratios for ASO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.7% | 35.0% | 12.0% |
| FCF Margin | ROE | ROA |
| 5.9% | 27.2% | 10.0% |
Analysis – ASO Intrinsic Value
As GoodWhale, we have conducted an analysis of the financials of ACADEMY SPORTS AND OUTDOORS. Our proprietary Valuation Line has calculated the fair value of the ACADEMY SPORTS AND OUTDOORS share to be around $43.5. Currently, however, ACADEMY SPORTS AND OUTDOORS stock is trading at $54.6, which implies that it is overvalued by 25.4%. More…
Peers
The company offers a wide range of products for a variety of sports and outdoor activities, including hunting, fishing, camping, and more. Academy Sports and Outdoors Inc competes with XXL ASA, Danang Books And School Equipment JSC, and Book And Education Equipment Jsc.
– XXL ASA ($BER:2XX)
The company’s market cap is 104.96M as of 2022 and its ROE is -1.76%. The company is a provider of internet services.
Summary
Investors in ACADEMY SPORTS AND OUTDOORS have seen mixed results for Q2 FY2024. Total revenue, at USD 1583.1 million, decreased by 6.2% compared to the same quarter last year, while net income decreased by 16.8%. On the day the results were announced, the stock price of the company rose, suggesting positive sentiment from investors. While the revenue and net income figures show a decrease, investors should consider the overall market conditions of the past few months, and review the company’s outlook for the future to make an informed investment decision.
