Academy Sports and Outdoors (NASDAQ:ASO) Price Target Raised to $60.00

Academy Sports and Outdoors (NASDAQ:ASO) had its price target raised by JPMorgan Chase & Co. from $56.00 to $60.00 in a report released on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

ASO has been the subject of a number of other reports. Barclays reduced their price objective on shares of Academy Sports and Outdoors from $59.00 to $49.00 and set an “equal weight” rating for the company in a report on Wednesday. Wells Fargo & Company dropped their price target on shares of Academy Sports and Outdoors from $57.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday. UBS Group cut their price target on shares of Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating for the company in a research note on Wednesday. Truist Financial decreased their price objective on Academy Sports and Outdoors from $59.00 to $52.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, Bank of America upped their price objective on Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. Five investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Academy Sports and Outdoors has a consensus rating of “Hold” and a consensus target price of $57.36.

Academy Sports and Outdoors Stock Performance

Shares of NASDAQ ASO opened at $51.95 on Wednesday. The business has a fifty day simple moving average of $57.59 and a 200 day simple moving average of $52.46. The company has a current ratio of 1.89, a quick ratio of 0.32 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 9.34, a PEG ratio of 0.82 and a beta of 1.23. Academy Sports and Outdoors has a one year low of $33.34 and a one year high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.76 billion. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.96 EPS. Sell-side analysts expect that Academy Sports and Outdoors will post 5.59 EPS for the current year.

Academy Sports and Outdoors Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 20th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 9.51%.

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of large investors have recently bought and sold shares of the business. Verity Asset Management Inc. raised its position in Academy Sports and Outdoors by 0.6% in the 4th quarter. Verity Asset Management Inc. now owns 32,788 shares of the company’s stock valued at $1,638,000 after purchasing an additional 182 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Academy Sports and Outdoors by 12.1% during the fourth 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. Cullen Frost Bankers Inc. grew its holdings in shares of Academy Sports and Outdoors by 3.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 5,599 shares of the company’s stock worth $280,000 after purchasing an additional 202 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Academy Sports and Outdoors by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,464 shares of the company’s stock valued at $373,000 after buying an additional 202 shares in the last quarter. Finally, CIBC Asset Management Inc increased its stake in shares of Academy Sports and Outdoors by 3.5% in the fourth quarter. CIBC Asset Management Inc now owns 6,721 shares of the company’s stock valued at $336,000 after buying an additional 228 shares in the last quarter.

Key Academy Sports and Outdoors News

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

• Positive Sentiment: Academy launched a tiered myAcademy Rewards Mastercard and reworked its myAcademy loyalty program in partnership with Bread Financial — a move that should boost repeat purchase behavior, payment-related economics and digital engagement. Academy Sports + Outdoors Launches New Tiered myAcademy® Rewards Credit Card and Enhanced Loyalty Program
• Positive Sentiment: Management plans up to 25 new stores in 2026, signaling continued brick-and-mortar expansion and incremental sales opportunities in core Texas and regional markets. Academy Sports and Outdoors plans up to 25 new stores in 2026, including several in Texas
• Positive Sentiment: JPMorgan published a favorable forecast calling for strong price appreciation, adding buy-side optimism that can support upside if execution remains on track. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Academy Sports and Outdoors (NASDAQ:ASO) Stock
• Neutral Sentiment: Q4 2025 earnings call transcript provides context: ASO posted a slight EPS miss and revenue below estimates, but showed modest YoY revenue growth; investors will be watching margin and comp commentary for signs of improvement. Academy Sports And Outdoors, Inc. (ASO) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Media pieces revisiting valuation after recent share weakness provide context for both value-oriented and momentum traders assessing ASO’s P/E and growth outlook. A Look At Academy Sports And Outdoors (ASO) Valuation After Recent Share Price Softness
• Neutral Sentiment: Reported short-interest data appears anomalous (shows zero/NaN), likely a reporting glitch so it shouldn’t be read as a meaningful change in bearish positioning at this time.
• Negative Sentiment: UBS cut its price target to $56, which can weigh on sentiment among target-driven investors. UBS Group Lowers Academy Sports and Outdoors (NASDAQ:ASO) Price Target to $56.00
• Negative Sentiment: Barclays issued a pessimistic forecast, adding more downside-weighted analyst views to the tape. Barclays Issues Pessimistic Forecast for Academy Sports and Outdoors (NASDAQ:ASO) Stock Price
• Negative Sentiment: Wells Fargo lowered its expectations for ASO, contributing to the cluster of downgrades/target cuts that are pressuring the stock despite the company’s strategic initiatives. Wells Fargo & Company Has Lowered Expectations for Academy Sports and Outdoors (NASDAQ:ASO) Stock Price

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.