Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Receives Average Recommendation of “Hold” from Analysts

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) has been given a consensus rating of “Hold” by the seventeen brokerages that are covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $58.0714.

Several brokerages recently issued reports on ASO. The Goldman Sachs Group reduced their price objective on shares of 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. Stephens started coverage on shares of Academy Sports and Outdoors in a research note on Wednesday, May 13th. They set an “overweight” rating and a $78.00 target price for the company. 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 report on Wednesday, June 10th. B. Riley Financial reissued a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, April 8th. Finally, Weiss Ratings lowered shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th.

Academy Sports and Outdoors Price Performance

ASO stock opened at $48.56 on Tuesday. Academy Sports and Outdoors has a 52-week low of $41.29 and a 52-week high of $62.44. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 8.55, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06. The business has a fifty day moving average of $49.31 and a two-hundred day moving average of $53.81.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings results on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, research analysts anticipate that Academy Sports and Outdoors will post 6.08 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. Academy Sports and Outdoors’s payout ratio is presently 10.56%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ASO. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Academy Sports and Outdoors in the second quarter valued at $285,000. Gradient Investments LLC acquired a new position in Academy Sports and Outdoors during the 2nd quarter worth about $669,000. Empowered Funds LLC lifted its stake in Academy Sports and Outdoors by 121.1% during the 1st quarter. Empowered Funds LLC now owns 15,813 shares of the company’s stock worth $893,000 after acquiring an additional 8,660 shares in the last quarter. Amundi lifted its stake in Academy Sports and Outdoors by 180.8% during the 1st quarter. Amundi now owns 12,447 shares of the company’s stock worth $703,000 after acquiring an additional 8,015 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Academy Sports and Outdoors by 38.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock valued at $52,000 after acquiring an additional 258 shares during the period.

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.