George Soros 2022 Portfolio: 5 Value Stock Picks

4. Academy Sports and Outdoors, Inc. (NASDAQ:ASO)

Soros Fund Management’s Stake Value: $8,215,000

Percentage of Soros Fund Management’s 13F Portfolio: 0.12%

Number of Hedge Fund Holders as of December 31: 47

PE Ratio (TTM): 7.12

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is a sporting goods chain with over 250 stores across 16 states in America.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) posted an EPS Normalized Actual of $1.61 for Q1 2022, beating the analysts’ estimates by $0.24. Moreover, the company also beat the revenue estimates by $39.17 million. On May 11, Beth Reed at Truist issued a Buy rating on Academy Sports and Outdoors, Inc. (NASDAQ:ASO) stock with a price target of $53. The analyst highlighted that the company’s active living trends and other initiatives are expected to yield multi-year margin benefits. Reed stated that Academy Sports and Outdoors, Inc. (NASDAQ:ASO) “multiple is attractive at 7.5-times expected 12-months forward earnings.”