Academy Sports and Outdoors (NASDAQ:ASO) Updates FY25 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.80-6.10 for the period, compared to the consensus EPS estimate of $6.20. The company issued revenue guidance of $5.895-5.940 billion, compared to the consensus revenue estimate of $6.03 billion.

Academy Sports and Outdoors Stock Up 0.0 %

Shares of NASDAQ ASO opened at $50.41 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.66 and a quick ratio of 0.41. The stock has a market capitalization of $3.54 billion, a PE ratio of 7.78, a P/E/G ratio of 0.97 and a beta of 1.31. Academy Sports and Outdoors has a one year low of $44.73 and a one year high of $75.73. The business’s fifty day moving average price is $51.59 and its 200-day moving average price is $53.47.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings data on Tuesday, December 10th. The company reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.30). The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.39 billion. Academy Sports and Outdoors had a net margin of 7.98% and a return on equity of 25.56%. The company’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.38 earnings per share. On average, equities research analysts anticipate that Academy Sports and Outdoors will post 6 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, December 18th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, December 18th. This represents a $0.44 dividend on an annualized basis and a yield of 0.87%. Academy Sports and Outdoors’s dividend payout ratio is 6.79%.

Analyst Ratings Changes

A number of equities analysts have recently commented on ASO shares. Evercore ISI lowered Academy Sports and Outdoors from an “outperform” rating to an “in-line” rating and cut their price target for the stock from $65.00 to $60.00 in a report on Thursday, October 3rd. Loop Capital restated a “buy” rating and issued a $77.00 target price on shares of Academy Sports and Outdoors in a research note on Wednesday, September 11th. Wells Fargo & Company upped their price target on Academy Sports and Outdoors from $46.00 to $51.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 11th. Wedbush reissued an “outperform” rating and issued a $65.00 price target on shares of Academy Sports and Outdoors in a report on Wednesday, September 11th. Finally, Jefferies Financial Group reduced their price objective on shares of Academy Sports and Outdoors from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Wednesday, September 11th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Academy Sports and Outdoors has an average rating of “Hold” and a consensus price target of $61.21.

Insiders Place Their Bets

In related news, Director Jeffrey C. Tweedy sold 1,200 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $62.00, for a total transaction of $74,400.00. Following the transaction, the director now directly owns 8,906 shares of the company’s stock, valued at approximately $552,172. This trade represents a 11.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.19% of the company’s stock.

About Academy Sports and Outdoors

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.