Promising Outdoor Stocks To Consider – January 30th

Walmart, Deckers Outdoor, Affirm, Lowe’s Companies, and Middleby are the five Outdoor stocks to watch today, according to MarketBeat’s stock screener tool. Outdoor stocks refer to investments in companies that are involved in producing, manufacturing, or selling products or services related to outdoor activities or recreation. These companies may be in sectors like outdoor apparel, equipment, camping supplies, or adventure travel. Investing in outdoor stocks allows individuals to benefit from the growing trend of outdoor recreation and the increased demand for products and services in this sector. 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.

WMT stock traded up $1.19 during trading on Thursday, hitting $98.69. 5,691,065 shares of the stock traded hands, compared to its average volume of 14,723,238. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market cap of $792.77 billion, a price-to-earnings ratio of 40.51, a P/E/G ratio of 4.42 and a beta of 0.55. The company has a 50 day simple moving average of $92.71 and a 200 day simple moving average of $82.79. Walmart has a one year low of $55.04 and a one year high of $98.78.

Deckers Outdoor (DECK)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

NYSE DECK traded up $4.54 during trading on Thursday, reaching $223.44. 1,478,058 shares of the stock traded hands, compared to its average volume of 1,653,004. Deckers Outdoor has a fifty-two week low of $125.15 and a fifty-two week high of $223.98. The firm has a market cap of $33.95 billion, a price-to-earnings ratio of 39.27, a price-to-earnings-growth ratio of 2.98 and a beta of 1.08. The stock’s 50-day moving average price is $205.36 and its 200 day moving average price is $134.43.

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.

Shares of AFRM traded up $3.20 during midday trading on Thursday, reaching $62.15. The stock had a trading volume of 2,993,794 shares, compared to its average volume of 5,192,729. The company has a current ratio of 12.60, a quick ratio of 12.60 and a debt-to-equity ratio of 2.50. The firm has a 50 day simple moving average of $63.73 and a 200-day simple moving average of $47.74. Affirm has a one year low of $22.25 and a one year high of $73.34. The firm has a market cap of $19.52 billion, a PE ratio of -43.73 and a beta of 3.67.

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.

Shares of Lowe’s Companies stock traded up $4.19 during midday trading on Thursday, hitting $265.92. 580,341 shares of the company traded hands, compared to its average volume of 2,208,388. The stock has a market cap of $150.15 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.16 and a beta of 1.11. Lowe’s Companies has a 12 month low of $211.80 and a 12 month high of $287.01. The firm’s fifty day moving average price is $259.13 and its 200-day moving average price is $257.00.

Middleby (MIDD)

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing.

Shares of NASDAQ MIDD traded up $4.36 during trading on Thursday, reaching $174.44. The company had a trading volume of 852,963 shares, compared to its average volume of 893,423. The stock has a market cap of $9.38 billion, a P/E ratio of 24.10 and a beta of 1.61. The company’s fifty day moving average price is $141.67 and its 200-day moving average price is $138.34. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.66. Middleby has a 12 month low of $118.41 and a 12 month high of $177.90.