Academy Sports and Outdoors (NASDAQ:ASO) Releases FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.400-6.800 for the period, compared to the consensus earnings per share estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Academy Sports and Outdoors Trading Up 9.2%

ASO opened at $56.43 on Tuesday. Academy Sports and Outdoors has a 1-year low of $41.29 and a 1-year high of $62.44. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 0.44. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 10.15, a price-to-earnings-growth ratio of 0.80 and a beta of 1.04. The company’s 50 day simple moving average is $54.40 and its two-hundred day simple moving average is $54.59.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its earnings results on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm earned $0.76 earnings per share. Academy Sports and Outdoors’s quarterly revenue was up 6.7% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Analysts expect that Academy Sports and Outdoors will post 5.93 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 18th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 10.79%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ASO shares. Wells Fargo & Company raised their price objective on shares of Academy Sports and Outdoors from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. JPMorgan Chase & Co. raised their price target on shares of Academy Sports and Outdoors from $56.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, March 18th. B. Riley Financial restated a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, April 8th. UBS Group reduced their price objective on Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $61.00 target price on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $59.87.

Insider Buying and Selling

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 4,000 shares of Academy Sports and Outdoors stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $60.00, for a total value of $240,000.00. Following the transaction, the director directly owned 7,835 shares in the company, valued at approximately $470,100. This trade represents a 33.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.62% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of hedge funds have recently added to or reduced their stakes in ASO. Advisory Services Network LLC purchased a new stake in shares of Academy Sports and Outdoors during the 3rd quarter worth $61,000. EverSource Wealth Advisors LLC increased its holdings in shares of Academy Sports and Outdoors by 89.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after purchasing an additional 657 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Academy Sports and Outdoors by 12.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after purchasing an additional 188 shares during the period. Strs Ohio acquired a new stake in shares of Academy Sports and Outdoors in the first quarter valued at about $128,000. Finally, Lazard Asset Management LLC boosted its holdings in Academy Sports and Outdoors by 12.4% during the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock worth $146,000 after buying an additional 360 shares in the last quarter.

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.