Wedbush Reiterates “Outperform” Rating for Academy Sports and Outdoors (NASDAQ:ASO)

Wedbush reissued their outperform rating on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research report released on Wednesday morning,RTT News reports. The brokerage currently has a $65.00 price objective on the stock. Wedbush also issued estimates for Academy Sports and Outdoors’ Q4 2025 earnings at $1.81 EPS, Q1 2026 earnings at $1.09 EPS, Q2 2026 earnings at $2.12 EPS and Q4 2026 earnings at $2.05 EPS.

ASO has been the subject of a number of other reports. Jefferies Financial Group reduced their target price 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. TD Cowen increased their price objective on Academy Sports and Outdoors from $54.00 to $56.00 and gave the stock a “hold” rating in a report on Wednesday, September 11th. Evercore ISI cut Academy Sports and Outdoors from an “outperform” rating to an “in-line” rating and lowered their target price for the company from $65.00 to $60.00 in a research report on Thursday, October 3rd. Loop Capital reiterated a “buy” rating and set a $77.00 price target on shares of Academy Sports and Outdoors in a research report on Wednesday, September 11th. Finally, Robert W. Baird lowered their price target on Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating on the stock in a report on Wednesday. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $61.07.

Academy Sports and Outdoors Stock Up 1.9 %

NASDAQ:ASO opened at $54.31 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.41 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average of $51.41 and a 200-day moving average of $53.48. The firm has a market capitalization of $3.77 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 1.06 and a beta of 1.31. Academy Sports and Outdoors has a 52 week low of $44.73 and a 52 week high of $75.73.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings data on Tuesday, December 10th. The company reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.30). The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.39 billion. Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. Academy Sports and Outdoors’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.38 earnings per share. Analysts predict that Academy Sports and Outdoors will post 5.92 EPS for the current year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, December 18th will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, December 18th. This represents a $0.44 annualized dividend and a dividend yield of 0.81%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 7.22%.

Insider Transactions at Academy Sports and Outdoors

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

Hedge Funds Weigh In On Academy Sports and Outdoors

A number of hedge funds and other institutional investors have recently modified their holdings of ASO. Cetera Advisors LLC purchased a new stake in Academy Sports and Outdoors during the first quarter valued at about $262,000. CWM LLC boosted its stake in Academy Sports and Outdoors by 36.9% in the 2nd quarter. CWM LLC now owns 4,284 shares of the company’s stock worth $228,000 after purchasing an additional 1,155 shares during the period. SG Americas Securities LLC boosted its stake in Academy Sports and Outdoors by 253.1% in the 2nd quarter. SG Americas Securities LLC now owns 14,757 shares of the company’s stock worth $786,000 after purchasing an additional 10,578 shares during the period. Great Valley Advisor Group Inc. grew its position in Academy Sports and Outdoors by 3.6% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 7,673 shares of the company’s stock worth $409,000 after purchasing an additional 269 shares in the last quarter. Finally, AlphaMark Advisors LLC raised its stake in Academy Sports and Outdoors by 17.3% during the 2nd quarter. AlphaMark Advisors LLC now owns 5,412 shares of the company’s stock valued at $288,000 after purchasing an additional 799 shares during the period.

Academy Sports and Outdoors Company Profile

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.