Academy Sports and Outdoors (NASDAQ:ASO) Updates FY26 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) updated its FY26 earnings guidance on Thursday. The company provided earnings per share guidance of $5.75-6.20 for the period, compared to the consensus earnings per share estimate of $6.45. The company issued revenue guidance of 6.09-6.27 billion, compared to the consensus revenue estimate of $6.24 billion. Academy Sports and Outdoors also updated its FY 2025 guidance to 5.750-6.200 EPS.

Analysts Set New Price Targets

Several equities research analysts recently commented on ASO shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $60.00 price objective on shares of Academy Sports and Outdoors in a research report on Monday, March 17th. JPMorgan Chase & Co. raised their price target on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a "neutral" rating in a report on Friday. Oppenheimer decreased their price objective on shares of Academy Sports and Outdoors from $85.00 to $70.00 and set an "outperform" rating for the company in a report on Friday. Wedbush lowered their price objective 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. Finally, UBS Group cut their target price on shares of Academy Sports and Outdoors from $58.00 to $55.00 and set a "neutral" rating for the company in a research report on Tuesday, March 18th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $60.38.

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Academy Sports and Outdoors Stock Performance

ASO traded up $2.54 during midday trading on Monday, reaching $49.77. The company had a trading volume of 1,749,400 shares, compared to its average volume of 1,540,963. The business has a 50-day moving average of $50.98 and a two-hundred day moving average of $53.12. The company has a quick ratio of 0.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors has a 1 year low of $43.16 and a 1 year high of $68.96. The company has a market cap of $3.45 billion, a P/E ratio of 8.17, a P/E/G ratio of 1.02 and a beta of 1.25.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last released its earnings results on Thursday, March 20th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.14. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the prior year, the firm posted $2.21 EPS. The firm's quarterly revenue was down 6.6% compared to the same quarter last year. As a group, equities research analysts predict that Academy Sports and Outdoors will post 5.59 earnings per share for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Tuesday, March 25th will be paid a dividend of $0.13 per share. This is a boost from Academy Sports and Outdoors's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.04%. Academy Sports and Outdoors's payout ratio is 8.54%.

About Academy Sports and Outdoors

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.