Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Given Average Rating of “Hold” by Analysts

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) has earned a consensus rating of “Hold” from the twenty brokerages that are currently covering the company, MarketBeat reports. Eleven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $59.4211.

A number of research firms have recently weighed in on ASO. Barclays boosted their price target on Academy Sports and Outdoors from $51.00 to $59.00 and gave the stock an “equal weight” rating in a report on Wednesday. Truist Financial upped their target price on shares of Academy Sports and Outdoors from $50.00 to $57.00 and gave the company a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. raised their price target on shares of Academy Sports and Outdoors from $54.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Bank of America boosted their price objective on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Finally, UBS Group upped their price objective on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “neutral” rating in a research note on Wednesday.

Hedge Funds Weigh In On Academy Sports and Outdoors

Several institutional investors have recently added to or reduced their stakes in the business. Boston Partners lifted its position in Academy Sports and Outdoors by 22.1% during the second quarter. Boston Partners now owns 701,806 shares of the company’s stock valued at $32,035,000 after buying an additional 126,952 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of Academy Sports and Outdoors by 35.1% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 751,872 shares of the company’s stock valued at $34,293,000 after acquiring an additional 195,490 shares during the period. Magnetar Financial LLC acquired a new position in shares of Academy Sports and Outdoors during the 1st quarter valued at $1,294,000. Brandywine Global Investment Management LLC purchased a new stake in Academy Sports and Outdoors during the 1st quarter worth $11,396,000. Finally, Bridgeway Capital Management LLC purchased a new stake in Academy Sports and Outdoors during the 1st quarter worth $2,914,000.

Academy Sports and Outdoors Stock Down 1.5%

Shares of NASDAQ ASO opened at $55.50 on Monday. The firm’s 50-day moving average is $48.77 and its two-hundred day moving average is $49.13. The company has a market capitalization of $3.70 billion, a PE ratio of 10.15, a price-to-earnings-growth ratio of 1.06 and a beta of 1.30. Academy Sports and Outdoors has a 12-month low of $33.34 and a 12-month high of $61.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.71 and a quick ratio of 0.32.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.08. Academy Sports and Outdoors had a return on equity of 18.24% and a net margin of 6.27%.The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm posted $0.98 EPS. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2025 guidance at 5.650-6.150 EPS. Equities analysts anticipate that Academy Sports and Outdoors will post 5.59 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Thursday, December 18th will be issued a dividend of $0.13 per share. The ex-dividend date is Thursday, December 18th. This represents a $0.52 annualized dividend and a dividend yield of 0.9%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 9.51%.

Academy Sports and Outdoors Company Profile

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.