B. Riley Research Analysts Lower Earnings Estimates for ASO

Academy Sports and Outdoors, Inc. (NASDAQ:ASOFree Report) – B. Riley cut their Q2 2026 earnings per share (EPS) estimates for Academy Sports and Outdoors in a report issued on Wednesday, June 11th. B. Riley analyst A. Glaessgen now expects that the company will post earnings per share of $2.01 for the quarter, down from their prior estimate of $2.11. B. Riley has a “Buy” rating and a $65.00 price target on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $5.59 per share. B. Riley also issued estimates for Academy Sports and Outdoors’ Q3 2026 earnings at $1.04 EPS, Q4 2026 earnings at $1.76 EPS and FY2026 earnings at $5.49 EPS.

Academy Sports and Outdoors (NASDAQ:ASOGet Free Report) last announced its quarterly earnings data on Tuesday, June 10th. The company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.13). Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the business posted $1.08 EPS. The business’s quarterly revenue was down .9% compared to the same quarter last year.

ASO has been the topic of a number of other research reports. Jefferies Financial Group set a $60.00 price objective on Academy Sports and Outdoors in a research report on Thursday, March 20th. Truist Financial lifted their target price on Academy Sports and Outdoors from $45.00 to $47.00 and gave the company a “hold” rating in a research report on Wednesday. Evercore ISI reduced their target price on Academy Sports and Outdoors from $54.00 to $53.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 1st. Oppenheimer reduced their target price on Academy Sports and Outdoors from $85.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, March 21st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $58.00 target price (down previously from $60.00) on shares of Academy Sports and Outdoors in a research report on Tuesday, June 10th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Academy Sports and Outdoors has a consensus rating of “Moderate Buy” and a consensus price target of $56.31.

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Academy Sports and Outdoors Stock Performance

Shares of Academy Sports and Outdoors stock opened at $43.55 on Friday. Academy Sports and Outdoors has a one year low of $33.34 and a one year high of $64.62. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 7.15, a PEG ratio of 1.02 and a beta of 1.28. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 1.57. The business’s 50 day moving average price is $40.63 and its 200 day moving average price is $47.77.

Academy Sports and Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Thursday, June 19th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 annualized dividend and a yield of 1.19%. Academy Sports and Outdoors’s payout ratio is 9.56%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. AlphaQuest LLC boosted its position in shares of Academy Sports and Outdoors by 240.8% in the 4th quarter. AlphaQuest LLC now owns 702 shares of the company’s stock valued at $40,000 after purchasing an additional 496 shares during the period. Your Advocates Ltd. LLP boosted its position in shares of Academy Sports and Outdoors by 101.5% in the 1st quarter. Your Advocates Ltd. LLP now owns 816 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Academy Sports and Outdoors by 1,307.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 985 shares of the company’s stock valued at $57,000 after purchasing an additional 915 shares during the period. LGT Financial Advisors LLC boosted its position in shares of Academy Sports and Outdoors by 1,041.7% in the 4th quarter. LGT Financial Advisors LLC now owns 1,096 shares of the company’s stock valued at $63,000 after purchasing an additional 1,000 shares during the period. Finally, TD Private Client Wealth LLC raised its stake in Academy Sports and Outdoors by 45.6% during the 1st quarter. TD Private Client Wealth LLC now owns 1,156 shares of the company’s stock valued at $53,000 after acquiring an additional 362 shares during the last quarter.

About Academy Sports and Outdoors

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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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