Academy Sports and Outdoors (NASDAQ:ASO) President Samuel Johnson Sells 25,580 Shares

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) President Samuel Johnson sold 25,580 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $53.95, for a total transaction of $1,380,041.00. Following the transaction, the president directly owned 107,164 shares of the company’s stock, valued at approximately $5,781,497.80. This represents a 19.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Academy Sports and Outdoors Trading Down 0.0%

Shares of ASO stock traded down $0.02 during trading hours on Wednesday, hitting $50.42. 2,307,137 shares of the company were exchanged, compared to its average volume of 1,576,811. The firm has a fifty day moving average of $47.35 and a 200 day moving average of $51.47. The company has a quick ratio of 0.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors, Inc. has a 1 year low of $41.29 and a 1 year high of $62.44. The firm has a market cap of $3.10 billion, a PE ratio of 8.40, a PEG ratio of 0.76 and a beta of 1.02.

Academy Sports and Outdoors (NASDAQ:ASO) last released its earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.39% and a return on equity of 18.36%. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the firm earned $1.94 earnings per share. Academy Sports and Outdoors’s revenue was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Analysts expect that Academy Sports and Outdoors, Inc. will post 6.18 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 16th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 10.00%.

Institutional Investors Weigh In On Academy Sports and Outdoors

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Academy Sports and Outdoors in the second quarter valued at about $468,146,000. Kingsview Wealth Management LLC acquired a new position in Academy Sports and Outdoors during the 4th quarter worth approximately $2,660,000. Fund 1 Investments LLC purchased a new position in Academy Sports and Outdoors in the 2nd quarter worth approximately $1,414,000. Systematic Financial Management LP boosted its holdings in Academy Sports and Outdoors by 22.7% in the 4th quarter. Systematic Financial Management LP now owns 319,748 shares of the company’s stock worth $15,975,000 after acquiring an additional 59,051 shares during the period. Finally, King Luther Capital Management Corp grew its position in Academy Sports and Outdoors by 12.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,573,073 shares of the company’s stock valued at $78,591,000 after acquiring an additional 176,463 shares in the last quarter.

Analysts Set New Price Targets

ASO has been the subject of a number of research analyst reports. Barclays upped their price objective on Academy Sports and Outdoors from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Thursday, September 10th. Telsey Advisory Group boosted their price target on Academy Sports and Outdoors from $60.00 to $63.00 and gave the company an “outperform” rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. lowered their price target on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Weiss Ratings lowered Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. Finally, UBS Group raised their price objective on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $58.29.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc is a sporting goods and outdoor recreation retailer based in Katy, Texas. The company operates stores and an e-commerce platform serving customers across the southern, southeastern and midwestern United States.

Its merchandise includes sporting goods and equipment, outdoor and adventure products, hunting and fishing gear, athletic and casual footwear, apparel, and related accessories. Academy serves a broad customer base through a value-oriented assortment of national brands and private-label products.

The company traces its history to 1938, when it was founded in San Antonio, Texas, as a small tire shop.