Academy Sports and Outdoors (NASDAQ:ASO) Issues Earnings Results

Academy Sports and Outdoors (NASDAQ:ASO) released its quarterly earnings data on Thursday. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.14, Briefing.com reports. Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company posted $2.21 EPS. The company’s revenue was down 6.6% compared to the same quarter last year. Academy Sports and Outdoors updated its FY26 guidance to $5.75-6.20 EPS and its FY 2025 guidance to 5.750-6.200 EPS.

Academy Sports and Outdoors Trading Up 0.5 %

ASO traded up $0.23 during trading hours on Thursday, reaching $47.80. 1,368,883 shares of the company’s stock traded hands, compared to its average volume of 1,555,007. The firm has a 50-day moving average price of $51.53 and a 200 day moving average price of $53.26. Academy Sports and Outdoors has a 52-week low of $43.16 and a 52-week 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 firm has a market capitalization of $3.32 billion, a PE ratio of 7.86, a PEG ratio of 1.02 and a beta of 1.25.

Academy Sports and Outdoors Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Tuesday, March 25th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.52 dividend on an annualized basis and a yield of 1.09%. This is a boost from Academy Sports and Outdoors’s previous quarterly dividend of $0.11. Academy Sports and Outdoors’s payout ratio is presently 8.54%.

Analyst Ratings Changes

A number of research firms have issued reports on ASO. Wedbush reaffirmed an “outperform” rating and issued a $65.00 price objective on shares of Academy Sports and Outdoors in a research note on Wednesday, December 11th. UBS Group reduced their price objective on Academy Sports and Outdoors from $58.00 to $55.00 and set a “neutral” rating on the stock in a research note on Tuesday. Truist Financial lifted their price objective on Academy Sports and Outdoors from $50.00 to $51.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Robert W. Baird reduced their price objective on Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. Finally, Citigroup dropped their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set a “buy” rating for the company in a 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, the stock presently has an average rating of “Hold” and an average price target of $61.13.

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.