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

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.100-6.600 for the period, compared to the consensus estimate of 5.980. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.2 billion. Academy Sports and Outdoors also updated its Q1 2026 guidance to EPS.

Analysts Set New Price Targets

A number of research firms recently weighed in on ASO. UBS Group reduced their price target on Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Telsey Advisory Group reissued an “outperform” rating and set a $65.00 target price on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. JPMorgan Chase & Co. increased their target price on Academy Sports and Outdoors from $56.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, March 18th. Wells Fargo & Company increased their target price on Academy Sports and Outdoors from $52.00 to $56.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, Jefferies Financial Group reissued a “buy” rating and set a $61.00 target price on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $58.43.

Academy Sports and Outdoors Stock Up 1.2%

NASDAQ:ASO opened at $56.37 on Friday. The company has a quick ratio of 0.44, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average is $57.34 and its two-hundred day moving average is $53.23. Academy Sports and Outdoors has a 52 week low of $34.77 and a 52 week high of $62.44. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 0.86 and a beta of 1.21.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings results on Tuesday, March 17th. The company reported $1.97 EPS for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same quarter last year, the company earned $1.96 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. Research analysts anticipate that Academy Sports and Outdoors will post 5.59 EPS for the current year.

Academy Sports and Outdoors Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 20th were paid a $0.15 dividend. The ex-dividend date was Friday, March 20th. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 1.1%. Academy Sports and Outdoors’s payout ratio is 10.79%.

Institutional Trading of Academy Sports and Outdoors

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Academy Sports and Outdoors in the third quarter valued at $61,000. EverSource Wealth Advisors LLC grew its holdings in shares of Academy Sports and Outdoors by 89.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after buying an additional 657 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Academy Sports and Outdoors by 12.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock worth $86,000 after buying an additional 188 shares during the last quarter. Strs Ohio purchased a new position in shares of Academy Sports and Outdoors during the first quarter worth about $128,000. Finally, Lazard Asset Management LLC boosted its holdings in Academy Sports and Outdoors by 12.4% in the 2nd quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock valued at $146,000 after purchasing an additional 360 shares in the last quarter.

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.