Promising Outdoor Stocks To Follow Now - August 17th

Key Points

• Five Outdoor stocks to monitor include Walmart, Lowe's Companies, ON, Affirm, and CRH, which show strong trading volumes and cater to the leisure and adventure economy.
• Walmart trading at $99.96 has a market cap of $797.72 billion and a P/E ratio of 42.72, indicating continued investor interest amidst fluctuating share prices.
• Affirm stocks rose to $78.72, with a significant debt-to-equity ratio of 2.55, suggesting high leverage compared to its peers in the industry.

Walmart, Lowe's Companies, ON, Affirm, and CRH are the five Outdoor stocks to watch today, according to MarketBeat's stock screener tool. Outdoor stocks are equity shares in companies whose core business revolves around outdoor recreation, equipment and apparel—think brands and retailers supplying gear for hiking, camping, fishing, skiing and related activities. By buying outdoor stocks, investors gain exposure to the leisure‐and‐adventure economy, which tends to be driven by consumer trends, seasonal demand and broader environmental or sustainability considerations. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of Walmart stock traded down $0.89 on Friday, hitting $99.96. The stock had a trading volume of 13,595,798 shares, compared to its average volume of 14,701,072. The stock has a 50 day moving average of $97.60 and a 200 day moving average of $95.58. Walmart has a twelve month low of $72.52 and a twelve month high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The firm has a market capitalization of $797.72 billion, a P/E ratio of 42.72, a PEG ratio of 4.80 and a beta of 0.66.

Read Our Latest Research Report on WMT

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

NYSE:LOW traded down $1.19 on Friday, reaching $251.86. 3,025,751 shares of the stock traded hands, compared to its average volume of 2,874,602. The firm has a market capitalization of $141.15 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 2.38 and a beta of 0.89. The company's 50 day moving average is $226.61 and its 200-day moving average is $230.28. Lowe's Companies has a 1-year low of $206.38 and a 1-year high of $287.01.

Read Our Latest Research Report on LOW

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

NYSE:ONON traded up $1.14 on Friday, reaching $45.35. 9,607,226 shares of the stock traded hands, compared to its average volume of 7,960,754. The firm has a market capitalization of $28.55 billion, a price-to-earnings ratio of 100.78, a price-to-earnings-growth ratio of 2.49 and a beta of 2.24. The company's 50 day moving average is $51.44 and its 200-day moving average is $50.56. The company has a current ratio of 2.53, a quick ratio of 2.18 and a debt-to-equity ratio of 0.31. ON has a 1-year low of $34.59 and a 1-year high of $64.05.

Read Our Latest Research Report on ONON

Affirm (AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

NASDAQ:AFRM traded up $1.70 on Friday, reaching $78.72. 4,574,885 shares of the stock traded hands, compared to its average volume of 5,054,808. The firm has a market capitalization of $25.40 billion, a price-to-earnings ratio of -374.86, a price-to-earnings-growth ratio of 2.92 and a beta of 3.63. The company's 50 day moving average is $67.82 and its 200-day moving average is $58.43. The company has a current ratio of 11.47, a quick ratio of 11.47 and a debt-to-equity ratio of 2.55. Affirm has a 1-year low of $28.15 and a 1-year high of $82.53.

Read Our Latest Research Report on AFRM

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Shares of CRH stock traded down $0.96 during trading hours on Friday, hitting $110.79. 2,780,159 shares of the company were exchanged, compared to its average volume of 4,672,656. The firm has a market cap of $74.52 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.42 and a beta of 1.26. CRH has a fifty-two week low of $76.75 and a fifty-two week high of $113.95. The company has a 50 day simple moving average of $96.13 and a two-hundred day simple moving average of $95.35.

Read Our Latest Research Report on CRH

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