Academy Sports and Outdoors (NASDAQ:ASO) Releases FY25 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASOGet Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $6.05-7.05 for the period, compared to the consensus earnings per share estimate of $6.80. The company issued revenue guidance of $6.07-6.35 billion, compared to the consensus revenue estimate of $6.24 billion.

Academy Sports and Outdoors Trading Down 2.9 %

Shares of ASO stock opened at $53.42 on Tuesday. The company has a market capitalization of $3.94 billion, a P/E ratio of 7.95, a P/E/G ratio of 0.84 and a beta of 1.37. Academy Sports and Outdoors has a 12-month low of $42.83 and a 12-month high of $75.73. The company has a quick ratio of 0.51, a current ratio of 1.87 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $57.50 and a 200 day moving average price of $62.19.

Academy Sports and Outdoors (NASDAQ:ASOGet Free Report) last posted its earnings results on Thursday, March 21st. The company reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($0.05). The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.78 billion. Academy Sports and Outdoors had a net margin of 8.43% and a return on equity of 28.99%. Research analysts forecast that Academy Sports and Outdoors will post 6.68 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Thursday, June 20th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Thursday, June 20th. Academy Sports and Outdoors’s dividend payout ratio is currently 6.55%.

Analysts Set New Price Targets

ASO has been the subject of a number of research analyst reports. Evercore ISI cut their price target on Academy Sports and Outdoors from $75.00 to $70.00 and set an outperform rating for the company in a report on Tuesday, April 16th. Robert W. Baird boosted their target price on shares of Academy Sports and Outdoors from $70.00 to $80.00 and gave the stock an outperform rating in a research note on Friday, March 22nd. Morgan Stanley decreased their price target on shares of Academy Sports and Outdoors from $70.00 to $65.00 and set an equal weight rating on the stock in a research note on Friday, March 22nd. TD Cowen dropped their price objective on shares of Academy Sports and Outdoors from $86.00 to $82.00 and set an outperform rating for the company in a research report on Friday, March 22nd. Finally, B. Riley reaffirmed a buy rating and set a $72.00 price objective (up previously from $65.00) on shares of Academy Sports and Outdoors in a report on Monday, March 25th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Academy Sports and Outdoors presently has a consensus rating of Moderate Buy and an average price target of $74.14.

Get Our Latest Research Report on ASO

Insider Transactions at Academy Sports and Outdoors

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 1,200 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $60.00, for a total transaction of $72,000.00. Following the transaction, the director now owns 7,870 shares in the company, valued at $472,200. The sale was disclosed in a document filed with the SEC, which is available through this link. 2.19% of the stock is owned by corporate insiders.

About Academy Sports and Outdoors

(Get Free Report)

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.

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Earnings History and Estimates for Academy Sports and Outdoors (NASDAQ:ASO)

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