Academy Sports and Outdoors (NASDAQ:ASO) Announces Quarterly Earnings Results

Academy Sports and Outdoors (NASDAQ:ASO) posted its earnings results on Wednesday. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.07 by $0.24, FiscalAI reports. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Academy Sports and Outdoors updated its FY 2026 guidance to 6.500-6.900 EPS.

Academy Sports and Outdoors Trading Down 0.5%

Shares of Academy Sports and Outdoors stock opened at $44.71 on Wednesday. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 7.87, a price-to-earnings-growth ratio of 0.66 and a beta of 1.02. The business has a fifty day simple moving average of $46.75 and a 200-day simple moving average of $51.71. Academy Sports and Outdoors has a fifty-two week low of $41.29 and a fifty-two week high of $62.44.

Academy Sports and Outdoors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 16th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 16th. Academy Sports and Outdoors’s payout ratio is currently 10.56%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ASO shares. Stephens assumed coverage on Academy Sports and Outdoors in a research report on Wednesday, May 13th. They set an “overweight” rating and a $78.00 price objective for the company. Wells Fargo & Company restated a “hold” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, June 10th. UBS Group reaffirmed a “neutral” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, September 2nd. Weiss Ratings lowered Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 3rd. Finally, Barclays decreased their price target on Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Academy Sports and Outdoors presently has a consensus rating of “Hold” and a consensus price target of $57.14.

Institutional Investors Weigh In On Academy Sports and Outdoors

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Academy Sports and Outdoors in the 3rd quarter valued at about $61,000. EverSource Wealth Advisors LLC grew its stake 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 worth $62,000 after purchasing an additional 657 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Academy Sports and Outdoors by 12.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock worth $86,000 after purchasing an additional 188 shares during the last quarter. Strs Ohio bought a new stake in shares of Academy Sports and Outdoors in the 1st quarter worth approximately $128,000. Finally, Lazard Asset Management LLC raised its holdings in shares of Academy Sports and Outdoors by 12.4% in the 2nd quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock worth $146,000 after purchasing 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.