Academy Sports and Outdoors (NASDAQ:ASO) Stock Rating Upgraded by BMO Capital Markets

Academy Sports and Outdoors (NASDAQ:ASO) was upgraded by stock analysts at BMO Capital Markets to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Other research analysts also recently issued research reports about the stock. UBS Group boosted their target price on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Thursday. Wells Fargo & Company raised shares of Academy Sports and Outdoors from a “negative” rating to a “buy” rating in a research note on Thursday. Barclays lifted their price target on shares of Academy Sports and Outdoors from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Thursday. Stephens started coverage on shares of Academy Sports and Outdoors in a research report on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 price objective for the company. Finally, 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 research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Academy Sports and Outdoors has an average rating of “Hold” and an average price target of $58.29.

Academy Sports and Outdoors Stock Performance

Academy Sports and Outdoors stock opened at $54.22 on Tuesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.74. The stock has a fifty day moving average of $46.96 and a two-hundred day moving average of $51.62. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 9.04, a PEG ratio of 0.75 and a beta of 1.02. Academy Sports and Outdoors has a fifty-two week low of $41.29 and a fifty-two week high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.24. The business had revenue of $1.65 billion for 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 business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.94 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. On average, analysts anticipate that Academy Sports and Outdoors will post 6.01 EPS for the current fiscal year.

Institutional Trading of Academy Sports and Outdoors

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Academy Sports and Outdoors during the 2nd quarter worth about $468,146,000. Dimensional Fund Advisors LP grew its holdings in Academy Sports and Outdoors by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 4,029,262 shares of the company’s stock valued at $227,439,000 after purchasing an additional 71,888 shares during the period. California State Teachers Retirement System increased its position in Academy Sports and Outdoors by 4,364.9% during the second quarter. California State Teachers Retirement System now owns 3,485,499 shares of the company’s stock worth $164,272,000 after purchasing an additional 3,407,435 shares during the last quarter. State Street Corp increased its position in Academy Sports and Outdoors by 2.2% during the fourth quarter. State Street Corp now owns 2,715,677 shares of the company’s stock worth $136,028,000 after purchasing an additional 59,446 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Academy Sports and Outdoors by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 2,006,467 shares of the company’s stock worth $100,261,000 after purchasing an additional 5,933 shares during the period.

Academy Sports and Outdoors News Roundup

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

• Positive Sentiment: Academy reported adjusted EPS of $2.31, above the approximately $2.07–$2.10 analyst consensus and up 19.1% year over year. Revenue rose 3.0% to $1.65 billion, matching expectations. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $6.50–$6.90, above the prior outlook and consensus near $6.31. Revenue guidance of roughly $6.2 billion–$6.4 billion was maintained near analyst expectations. Academy Sports raises fiscal 2026 outlook
• Positive Sentiment: Growth areas included a 12.8% increase in e-commerce sales and mid-single-digit comparable growth at new stores. Cost discipline and stronger online sales supported the improved earnings outlook, while tariff refunds contributed modestly to quarterly EPS. Academy raises annual profit forecast
• Positive Sentiment: Academy plans to launch Hoka performance running shoes in 15 stores and online in early October, expanding its premium-brand assortment and potentially supporting footwear traffic and sales. Academy launches Hoka footwear

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.