The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Academy Sports&Outdoor broke out earlier, but has fallen back below the prior 42.85 entry from a cup without handle. If a stock you’re tracking clears a buy point then falls 7% or more below the original entry price, it’s considered a failed base. Wait for the stock to set up and breakout from a new base and entry price.
The stock has a 93 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 93% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the company posted 19% earnings-per-share growth. Top line growth fell to 12%, down from 39% in the prior quarter.
Academy Sports&Outdoor holds the No. 2 rank among its peers in the Retail-Leisure Products industry group. Dick’s Sporting Goods (DKS) is the No. 1-ranked stock within the group.
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