Academy Sports and Outdoors (NASDAQ:ASO) Releases Earnings Results, Beats Estimates By $0.14 EPS

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.82 by $0.14, Briefing.com reports. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.67 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The firm's revenue was down 6.6% on a year-over-year basis. During the same quarter last year, the business earned $2.21 earnings per share. 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 3.9 %

Shares of ASO traded up $1.85 during mid-day trading on Monday, reaching $49.08. The stock had a trading volume of 738,793 shares, compared to its average volume of 1,537,098. Academy Sports and Outdoors has a 52-week low of $43.16 and a 52-week high of $68.96. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 8.06, a P/E/G ratio of 1.02 and a beta of 1.25. The business's fifty day moving average is $51.09 and its 200 day moving average is $53.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.57 and a quick ratio of 0.32.

Academy Sports and Outdoors Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Tuesday, March 25th. This is a positive change from Academy Sports and Outdoors's previous quarterly dividend of $0.11. Academy Sports and Outdoors's payout ratio is currently 8.54%.

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Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Robert W. Baird 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 research note on Friday. Citigroup reduced their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, March 17th. Telsey Advisory Group reissued an "outperform" rating and issued a $60.00 price target on shares of Academy Sports and Outdoors in a research note on Monday, March 17th. Truist Financial upped their price objective on shares of Academy Sports and Outdoors from $50.00 to $51.00 and gave the stock a "hold" rating in a research report on Wednesday, December 11th. Finally, Wedbush dropped their target price on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Friday. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.38.

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.