Academy Sports and Outdoors (NASDAQ:ASO) Price Target Raised to $58.00

Academy Sports and Outdoors (NASDAQ:ASO) had its price objective boosted by UBS Group from $55.00 to $58.00 in a research note published on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

ASO has been the topic of a number of other reports. Weiss Ratings downgraded shares of Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. Wells Fargo & Company upgraded shares of Academy Sports and Outdoors from a “hold” rating to a “buy” rating in a report on Thursday. Truist Financial dropped their price target on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a research note on Wednesday, June 10th. JPMorgan Chase & Co. reduced their price target on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Finally, The Goldman Sachs Group decreased their price objective on Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $58.29.

Academy Sports and Outdoors Stock Up 2.1%

ASO stock opened at $55.36 on Thursday. The stock has a market capitalization of $3.41 billion, a P/E ratio of 9.23, a P/E/G ratio of 0.80 and a beta of 1.02. The firm has a 50-day simple moving average of $47.11 and a 200-day simple moving average of $51.65. The company has a quick ratio of 0.36, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors has a 52 week low of $41.29 and a 52 week high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.07 by $0.24. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%.The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.94 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Equities analysts forecast that Academy Sports and Outdoors will post 6.14 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The business 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 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, September 16th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 10.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ASO. Northwestern Mutual Wealth Management Co. purchased a new stake in Academy Sports and Outdoors in the second quarter valued at $38,000. EverSource Wealth Advisors LLC grew its holdings in shares of Academy Sports and Outdoors by 38.9% during the first quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock worth $52,000 after purchasing an additional 258 shares during the last quarter. State of Wyoming acquired a new stake in shares of Academy Sports and Outdoors during the second quarter worth about $55,000. Advisory Services Network LLC acquired a new stake in shares of Academy Sports and Outdoors during the third quarter worth about $61,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of Academy Sports and Outdoors by 192.6% in the 4th quarter. Clearstead Advisors LLC now owns 1,311 shares of the company’s stock valued at $65,000 after purchasing an additional 863 shares during the last quarter.

Key Headlines Impacting Academy Sports and Outdoors

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Academy reported quarterly EPS of $2.31, exceeding the $2.07 analyst consensus, while revenue of approximately $1.65 billion matched expectations and rose 3% year over year. The earnings beat helped drive the stock higher. Academy Sports shares gap up following better-than-expected earnings
• Positive Sentiment: Management raised its fiscal 2026 EPS outlook, reinforcing investor confidence that earnings can continue growing despite a challenging consumer and tariff environment. Academy boosts fiscal 2026 EPS outlook
• Positive Sentiment: The retailer is expanding its premium running assortment by launching five Hoka shoe styles in 15 stores across four states and online in early October. The initiative could attract higher-value customers and strengthen Academy’s footwear business. Academy launches Hoka performance running shoes
• Neutral Sentiment: Analyst reactions were mixed but generally cautious. UBS raised its price target to $58 while retaining a neutral rating, and BMO upgraded the stock to hold. Truist also raised its target to $54 but maintained a hold rating, leaving limited implied upside from the current level.
• Neutral Sentiment: Commentary noted that comparable-sales growth remains slow, partly because of macroeconomic pressure and weaker performance relative to some peers, tempering the otherwise positive earnings reaction. Academy Sports market commentary

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc is a sporting goods and outdoor recreation retailer based in Katy, Texas. The company operates stores and an e-commerce platform serving customers across the southern, southeastern and midwestern United States.

Its merchandise includes sporting goods and equipment, outdoor and adventure products, hunting and fishing gear, athletic and casual footwear, apparel, and related accessories. Academy serves a broad customer base through a value-oriented assortment of national brands and private-label products.

The company traces its history to 1938, when it was founded in San Antonio, Texas, as a small tire shop.