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 guidance of 5.450-6.25 for the period, compared to the consensus earnings per share 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 Stock Down 5.1%

Shares of ASO stock traded down $2.35 on Friday, reaching $43.55. 1,993,353 shares of the company's stock traded hands, compared to its average volume of 1,647,642. The business's 50 day moving average price is $40.63 and its two-hundred day moving average price is $47.77. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 1.57. Academy Sports and Outdoors has a 12-month low of $33.34 and a 12-month high of $64.62. The company has a market capitalization of $2.90 billion, a P/E ratio of 7.15, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28.

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 net margin of 7.49% and a return on equity of 23.32%. The firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter last year, the firm earned $1.08 EPS. The business's revenue for the quarter was down .9% compared to the same quarter last year. On average, equities analysts forecast that Academy Sports and Outdoors will post 5.59 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Thursday, June 19th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a yield of 1.19%. Academy Sports and Outdoors's dividend payout ratio (DPR) is currently 9.01%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. B. Riley lowered their target price on Academy Sports and Outdoors from $70.00 to $65.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Truist Financial boosted their target price on Academy Sports and Outdoors from $45.00 to $47.00 and gave the company a "hold" rating in a research note on Wednesday. Wells Fargo & Company boosted their price target on Academy Sports and Outdoors from $38.00 to $43.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. Jefferies Financial Group set a $60.00 price target on Academy Sports and Outdoors in a research report on Thursday, March 20th. Finally, UBS Group reduced their price target on Academy Sports and Outdoors from $54.00 to $48.00 and set a "neutral" rating for the company in a research report on Wednesday, June 4th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Academy Sports and Outdoors has a consensus rating of "Moderate Buy" and a consensus price target of $56.31.

Hedge Funds Weigh In On Academy Sports and Outdoors

Large investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its position in shares of Academy Sports and Outdoors by 8.5% during the 1st quarter. Royal Bank of Canada now owns 59,775 shares of the company's stock worth $2,726,000 after purchasing an additional 4,665 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of 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 purchasing an additional 1,257 shares during the last quarter. United Services Automobile Association bought a new position in Academy Sports and Outdoors during the first quarter valued at about $223,000. Finally, Strs Ohio bought a new position in Academy Sports and Outdoors during the first quarter valued at about $128,000.

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.