Academy Sports and Outdoors (NASDAQ:ASO) Updates FY26 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY26 earnings guidance on Thursday. The company provided earnings per share guidance of $5.75-6.20 for the period, compared to the consensus earnings per share estimate of $6.45. The company issued revenue guidance of 6.09-6.27 billion, compared to the consensus revenue estimate of $6.24 billion.

Analysts Set New Price Targets

Several research firms have issued reports on ASO. Wedbush restated an “outperform” rating and issued a $65.00 price target on shares of Academy Sports and Outdoors in a research report on Wednesday, December 11th. TD Cowen raised their price target on shares of Academy Sports and Outdoors from $54.00 to $61.00 and gave the stock a “hold” rating in a research report on Wednesday, January 8th. Telsey Advisory Group reiterated an “outperform” rating and set a $60.00 target price on shares of Academy Sports and Outdoors in a research report on Monday. UBS Group decreased their target price on shares of Academy Sports and Outdoors from $58.00 to $55.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Citigroup decreased their target price on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $61.13.

Academy Sports and Outdoors Price Performance

NASDAQ:ASO opened at $47.57 on Thursday. The firm has a market cap of $3.30 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 1.02 and a beta of 1.25. Academy Sports and Outdoors has a 12 month low of $43.16 and a 12 month high of $72.16. The company has a quick ratio of 0.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.25. The company’s 50-day moving average price is $51.53 and its two-hundred day moving average price is $53.26.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings results on Thursday, March 20th. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.14. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.67 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.21 earnings per share. On average, equities analysts anticipate that Academy Sports and Outdoors will post 5.59 EPS for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Tuesday, March 25th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.09%. Academy Sports and Outdoors’s payout ratio is currently 8.54%.

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.