Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Receives $58.94 Average PT from Analysts

Shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) have received a consensus recommendation of “Moderate Buy” from the nineteen analysts that are currently covering the company, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $58.9375.

Several brokerages recently issued reports on ASO. Guggenheim boosted their price target on Academy Sports and Outdoors from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Wells Fargo & Company restated a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $65.00 price objective on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. Weiss Ratings cut Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, April 8th.

Insiders Place Their Bets

In related news, Director Jeffrey C. Tweedy sold 4,000 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $60.00, for a total transaction of $240,000.00. Following the completion of the sale, the director owned 7,835 shares of the company’s stock, valued at $470,100. This represents a 33.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.62% of the stock is owned by corporate insiders.

Institutional Trading of Academy Sports and Outdoors

A number of institutional investors and hedge funds have recently made changes to their positions in ASO. Verity Asset Management Inc. increased its stake in Academy Sports and Outdoors by 0.6% in the fourth quarter. Verity Asset Management Inc. now owns 32,788 shares of the company’s stock valued at $1,638,000 after acquiring an additional 182 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in 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 purchasing an additional 188 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Academy Sports and Outdoors by 3.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 5,599 shares of the company’s stock valued at $280,000 after purchasing an additional 202 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Academy Sports and Outdoors by 2.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,464 shares of the company’s stock valued at $373,000 after purchasing an additional 202 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in shares of Academy Sports and Outdoors by 3.5% in the 4th quarter. CIBC Asset Management Inc now owns 6,721 shares of the company’s stock valued at $336,000 after purchasing an additional 228 shares in the last quarter.

Academy Sports and Outdoors Price Performance

NASDAQ:ASO opened at $45.40 on Friday. Academy Sports and Outdoors has a 52 week low of $41.29 and a 52 week high of $62.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. The firm’s 50-day simple moving average is $51.07 and its 200 day simple moving average is $54.53. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 7.99, a P/E/G ratio of 0.68 and a beta of 1.05.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the firm posted $0.76 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, sell-side analysts predict that Academy Sports and Outdoors will post 6.08 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Thursday, June 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 18th. Academy Sports and Outdoors’s payout ratio is 10.56%.

Academy Sports and Outdoors Company Profile

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.