Academy Sports and Outdoors (NASDAQ:ASO) Issues FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.500-6.900 for the period, compared to the consensus estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Academy Sports and Outdoors Trading Down 0.5%

NASDAQ ASO opened at $44.71 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 0.36 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $46.75 and a 200 day simple moving average of $51.71. Academy Sports and Outdoors has a 12 month low of $41.29 and a 12 month high of $62.44. The firm has a market capitalization of $2.77 billion, a P/E ratio of 7.87, a PEG ratio of 0.66 and a beta of 1.02.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.65 billion. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. On average, analysts predict that Academy Sports and Outdoors will post 6.01 EPS for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.60 annualized dividend and a yield of 1.3%. Academy Sports and Outdoors’s payout ratio is currently 10.56%.

Wall Street Analysts Forecast Growth

Several analysts have commented on ASO shares. Weiss Ratings lowered shares of Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 3rd. Wells Fargo & Company reissued a “hold” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, June 10th. Stephens began coverage on Academy Sports and Outdoors in a research note on Wednesday, May 13th. They set an “overweight” rating and a $78.00 price target for the company. BMO Capital Markets started coverage on shares of Academy Sports and Outdoors in a report on Tuesday. They set a “market perform” rating and a $42.00 price objective on the stock. Finally, Telsey Advisory Group cut their price target on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $57.14.

Institutional Trading of Academy Sports and Outdoors

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Boston Partners increased its stake in shares of Academy Sports and Outdoors by 85.5% in the third quarter. Boston Partners now owns 1,302,141 shares of the company’s stock worth $65,416,000 after buying an additional 600,335 shares during the period. Invesco Ltd. boosted its holdings in shares of Academy Sports and Outdoors by 128.2% during the fourth quarter. Invesco Ltd. now owns 833,769 shares of the company’s stock worth $41,655,000 after purchasing an additional 468,457 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Academy Sports and Outdoors by 219.8% during the second quarter. Ameriprise Financial Inc. now owns 501,028 shares of the company’s stock worth $22,452,000 after purchasing an additional 344,376 shares during the period. Voloridge Investment Management LLC grew its stake in shares of Academy Sports and Outdoors by 6,156.4% in the third quarter. Voloridge Investment Management LLC now owns 344,788 shares of the company’s stock worth $17,246,000 after purchasing an additional 339,277 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Academy Sports and Outdoors during the 4th quarter valued at about $16,568,000.

About Academy Sports and Outdoors

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.