Academy Sports and Outdoors (NASDAQ:ASO) Updates FY 2025 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.450-6.25 for the period, compared to the consensus estimate of 5.970. The company issued revenue guidance of $6.0 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion.

Academy Sports and Outdoors Price Performance

Shares of ASO stock traded up $0.68 during trading hours on Thursday, hitting $45.90. 1,516,554 shares of the company's stock were exchanged, compared to its average volume of 1,655,769. The company has a market capitalization of $3.05 billion, a PE ratio of 7.54, a PEG ratio of 1.02 and a beta of 1.28. The company has a current ratio of 1.57, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors has a 12-month low of $33.34 and a 12-month high of $64.62. The business's 50 day simple moving average is $40.25 and its 200-day simple moving average is $47.83.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last issued its earnings results on Tuesday, June 10th. The company reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.13). Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The business had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter in the previous year, the business earned $1.08 EPS. Academy Sports and Outdoors's revenue for the quarter was down .9% compared to the same quarter last year. On average, equities research analysts anticipate that Academy Sports and Outdoors will post 5.59 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Thursday, June 19th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, June 18th. Academy Sports and Outdoors's dividend payout ratio (DPR) is presently 9.01%.

Analysts Set New Price Targets

A number of equities analysts have commented on ASO shares. Evercore ISI decreased their price target on Academy Sports and Outdoors from $54.00 to $53.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Loop Capital cut their target price on shares of Academy Sports and Outdoors from $77.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. UBS Group lowered their price target on shares of Academy Sports and Outdoors from $54.00 to $48.00 and set a "neutral" rating for the company in a report on Wednesday, June 4th. Morgan Stanley dropped their price target on shares of Academy Sports and Outdoors from $55.00 to $52.00 and set an "equal weight" rating for the company in a research report on Wednesday. Finally, Oppenheimer cut their price target on shares of Academy Sports and Outdoors from $85.00 to $70.00 and set an "outperform" rating on the stock in a report on Friday, March 21st. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Academy Sports and Outdoors currently has a consensus rating of "Moderate Buy" and a consensus target price of $56.31.

Institutional Trading of Academy Sports and Outdoors

Large investors have recently bought and sold shares of the company. United Services Automobile Association purchased a new position in shares of Academy Sports and Outdoors in the 1st quarter valued at approximately $223,000. Royal Bank of Canada lifted its position in Academy Sports and Outdoors by 8.5% during the first quarter. Royal Bank of Canada now owns 59,775 shares of the company's stock valued at $2,726,000 after buying an additional 4,665 shares during the period. Strs Ohio bought a new stake in shares of Academy Sports and Outdoors during the 1st quarter valued at $128,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Academy Sports and Outdoors by 3.2% in 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.

About Academy Sports and Outdoors

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.