Academy Sports and Outdoors (NASDAQ:ASO) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Academy Sports and Outdoors (NASDAQ:ASO) to a hold rating in a research report report published on Tuesday morning,Zacks reports.

Several other research firms have also weighed in on ASO. Truist Financial increased their target price on Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “hold” rating in a research note on Thursday. Weiss Ratings lowered Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 3rd. Telsey Advisory Group upped their price target on Academy Sports and Outdoors from $60.00 to $63.00 and gave the company an “outperform” rating in a research note on Thursday. Stephens began coverage on Academy Sports and Outdoors in a research note on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 price target for the company. Finally, Barclays increased their price target on shares of Academy Sports and Outdoors from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Academy Sports and Outdoors has a consensus rating of “Hold” and an average target price of $58.29.

Academy Sports and Outdoors Stock Performance

ASO stock opened at $54.22 on Tuesday. The business’s fifty day moving average is $46.96 and its 200-day moving average is $51.62. The company has a quick ratio of 0.36, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. The company has a market cap of $3.36 billion, a P/E ratio of 9.04, a price-to-earnings-growth ratio of 0.75 and a beta of 1.02. Academy Sports and Outdoors has a twelve month low of $41.29 and a twelve month high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%.The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period last year, the company earned $1.94 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Equities research analysts forecast that Academy Sports and Outdoors will post 6.01 EPS for the current year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Academy Sports and Outdoors’s payout ratio is presently 10.56%.

Institutional Investors Weigh In On Academy Sports and Outdoors

Several large investors have recently modified their holdings of ASO. Royal Bank of Canada grew its position in shares of Academy Sports and Outdoors by 8.5% in the 1st quarter. Royal Bank of Canada now owns 59,775 shares of the company’s stock valued at $2,726,000 after purchasing an additional 4,665 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Academy Sports and Outdoors by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,472 shares of the company’s stock worth $1,846,000 after buying an additional 1,257 shares during the period. United Services Automobile Association acquired a new stake in Academy Sports and Outdoors during the 1st quarter worth approximately $223,000. Strs Ohio bought a new position in Academy Sports and Outdoors in the first quarter valued at approximately $128,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Academy Sports and Outdoors by 89.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after buying an additional 657 shares in the last quarter.

Key Headlines Impacting Academy Sports and Outdoors

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Academy reported adjusted EPS of $2.31, above the approximately $2.07–$2.10 analyst consensus and up 19.1% year over year. Revenue rose 3.0% to $1.65 billion, matching expectations. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $6.50–$6.90, above the prior outlook and consensus near $6.31. Revenue guidance of roughly $6.2 billion–$6.4 billion was maintained near analyst expectations. Academy Sports raises fiscal 2026 outlook
• Positive Sentiment: Growth areas included a 12.8% increase in e-commerce sales and mid-single-digit comparable growth at new stores. Cost discipline and stronger online sales supported the improved earnings outlook, while tariff refunds contributed modestly to quarterly EPS. Academy raises annual profit forecast
• Positive Sentiment: Academy plans to launch Hoka performance running shoes in 15 stores and online in early October, expanding its premium-brand assortment and potentially supporting footwear traffic and sales. Academy launches Hoka footwear

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.