Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) have been given a consensus rating of “Moderate Buy” by the eighteen analysts that are covering the firm, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $58.5333.

A number of brokerages have weighed in on ASO. Wells Fargo & Company restated a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. Guggenheim lifted their price target on Academy Sports and Outdoors from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. UBS Group cut their price objective on Academy Sports and Outdoors from $56.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Barclays decreased their price objective on shares of Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 11th. Finally, Stephens started coverage on shares of Academy Sports and Outdoors in a research note on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 target price on the stock.

Academy Sports and Outdoors Stock Up 7.1%

Shares of NASDAQ:ASO opened at $49.90 on Tuesday. The firm has a fifty day moving average price of $49.55 and a two-hundred day moving average price of $54.06. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 0.67 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.68 and a quick ratio of 0.36. Academy Sports and Outdoors has a one year low of $41.29 and a one year high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The business’s quarterly revenue was up 6.7% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Analysts anticipate that Academy Sports and Outdoors will post 6.08 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 18th. Academy Sports and Outdoors’s payout ratio is currently 10.56%.

Institutional Trading of Academy Sports and Outdoors

Several institutional investors and hedge funds have recently made changes to their positions in ASO. Kingsview Wealth Management LLC purchased a new position in shares of Academy Sports and Outdoors during the 4th quarter valued at about $2,660,000. King Luther Capital Management Corp boosted its stake in Academy Sports and Outdoors by 12.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,573,073 shares of the company’s stock worth $78,591,000 after buying an additional 176,463 shares in the last quarter. Systematic Financial Management LP boosted its stake in Academy Sports and Outdoors by 22.7% in the fourth quarter. Systematic Financial Management LP now owns 319,748 shares of the company’s stock worth $15,975,000 after buying an additional 59,051 shares in the last quarter. Delphi Management Inc. MA purchased a new stake in Academy Sports and Outdoors in the first quarter worth approximately $1,190,000. Finally, Louisiana State Employees Retirement System bought a new position in Academy Sports and Outdoors during the first quarter valued at approximately $1,671,000.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.