Telsey Advisory Group Has Positive View of ASO Q1 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Stock analysts at Telsey Advisory Group raised their Q1 2026 earnings per share estimates for Academy Sports and Outdoors in a report released on Thursday, December 5th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will post earnings per share of $1.08 for the quarter, up from their previous forecast of $1.07. Telsey Advisory Group has a “Outperform” rating and a $60.00 price target on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $6.00 per share.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings results on Tuesday, December 10th. The company reported $0.98 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.30). The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.39 billion. Academy Sports and Outdoors had a net margin of 7.98% and a return on equity of 25.56%. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.38 earnings per share.

ASO has been the topic of several other research reports. Truist Financial downgraded Academy Sports and Outdoors from a “buy” rating to a “hold” rating and cut their price objective for the company from $63.00 to $50.00 in a report on Tuesday, November 19th. Wedbush restated an “outperform” rating and set a $65.00 price target on shares of Academy Sports and Outdoors in a report on Wednesday, September 11th. Evercore ISI lowered shares of Academy Sports and Outdoors from an “outperform” rating to an “in-line” rating and dropped their price objective for the company from $65.00 to $60.00 in a report on Thursday, October 3rd. Jefferies Financial Group reduced their target price on shares of Academy Sports and Outdoors from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Wednesday, September 11th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $60.00 price target on shares of Academy Sports and Outdoors in a report on Wednesday, September 11th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $61.21.

Academy Sports and Outdoors Stock Performance

Shares of Academy Sports and Outdoors stock opened at $52.58 on Monday. The company’s 50 day moving average price is $51.59 and its two-hundred day moving average price is $53.47. The firm has a market capitalization of $3.70 billion, a P/E ratio of 8.11, a P/E/G ratio of 0.97 and a beta of 1.31. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.66 and a quick ratio of 0.41. Academy Sports and Outdoors has a fifty-two week low of $44.73 and a fifty-two week high of $75.73.

Hedge Funds Weigh In On Academy Sports and Outdoors

A number of institutional investors and hedge funds have recently made changes to their positions in ASO. Public Sector Pension Investment Board raised its stake in Academy Sports and Outdoors by 6.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 162,406 shares of the company’s stock worth $8,648,000 after buying an additional 10,416 shares during the period. Citigroup Inc. raised its position in shares of Academy Sports and Outdoors by 66.4% during the third quarter. Citigroup Inc. now owns 95,644 shares of the company’s stock worth $5,582,000 after purchasing an additional 38,155 shares during the period. Vaughan Nelson Investment Management L.P. raised its position in shares of Academy Sports and Outdoors by 17.6% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 808,250 shares of the company’s stock worth $43,040,000 after purchasing an additional 121,115 shares during the period. FMR LLC grew its position in Academy Sports and Outdoors by 15.3% in the 3rd quarter. FMR LLC now owns 10,739,463 shares of the company’s stock valued at $626,755,000 after purchasing an additional 1,422,971 shares during the period. Finally, Stephens Investment Management Group LLC increased its stake in Academy Sports and Outdoors by 21.3% during the 3rd quarter. Stephens Investment Management Group LLC now owns 222,468 shares of the company’s stock valued at $12,983,000 after purchasing an additional 39,134 shares in the last quarter.

Insider Activity at Academy Sports and Outdoors

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 1,200 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $62.00, for a total value of $74,400.00. Following the completion of the sale, the director now directly owns 8,906 shares in the company, valued at approximately $552,172. This trade represents a 11.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.19% of the stock is owned by corporate insiders.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, December 18th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, December 18th. Academy Sports and Outdoors’s dividend payout ratio is 6.79%.

Academy Sports and Outdoors Company Profile

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.