ASO FY2026 EPS Estimate Decreased by Telsey Advisory Group

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) - Telsey Advisory Group cut their FY2026 earnings per share (EPS) estimates for Academy Sports and Outdoors in a research note issued to investors on Tuesday, June 3rd. Telsey Advisory Group analyst C. Fernandez now expects that the company will earn $5.84 per share for the year, down from their prior estimate of $5.89. Telsey Advisory Group has a "Outperform" rating and a $60.00 price objective on the stock. The consensus estimate for Academy Sports and Outdoors' current full-year earnings is $5.59 per share. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors' FY2027 earnings at $6.45 EPS.

A number of other research analysts have also recently weighed in on the company. Citigroup lowered their price objective on Academy Sports and Outdoors from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Wednesday. Oppenheimer lowered 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. JPMorgan Chase & Co. increased their price objective on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Evercore ISI lowered their target price on shares of 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. Finally, Wells Fargo & Company increased 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 note on Wednesday, May 14th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Academy Sports and Outdoors has a consensus rating of "Moderate Buy" and an average price target of $57.00.

Academy Sports and Outdoors Price Performance

NASDAQ ASO opened at $42.90 on Friday. The business's fifty day moving average is $40.12 and its 200 day moving average is $47.87. Academy Sports and Outdoors has a fifty-two week low of $33.34 and a fifty-two week high of $64.62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 1.57. The company has a market capitalization of $2.85 billion, a PE ratio of 7.04, 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 released its quarterly earnings results on Thursday, March 20th. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.82 by $0.14. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The business's revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.21 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Blue Trust Inc. grew its stake in shares of Academy Sports and Outdoors by 14.8% in the 4th quarter. Blue Trust Inc. now owns 2,591 shares of the company's stock worth $151,000 after buying an additional 334 shares in the last quarter. Choreo LLC bought a new stake in Academy Sports and Outdoors during the fourth quarter worth approximately $278,000. Meritage Portfolio Management raised its position in Academy Sports and Outdoors by 12.6% during the fourth quarter. Meritage Portfolio Management now owns 9,684 shares of the company's stock valued at $557,000 after purchasing an additional 1,087 shares during the period. Bleakley Financial Group LLC purchased a new position in shares of Academy Sports and Outdoors in the 4th quarter worth approximately $212,000. Finally, Empowered Funds LLC increased its position in shares of Academy Sports and Outdoors by 20.6% during the 4th quarter. Empowered Funds LLC now owns 163,109 shares of the company's stock valued at $9,384,000 after purchasing an additional 27,824 shares during the last quarter.

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.

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