Equities Analysts Offer Predictions for ASO Q2 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) - Research analysts at B. Riley cut their Q2 2026 EPS estimates for shares of Academy Sports and Outdoors in a note issued to investors on Wednesday, June 11th. B. Riley analyst A. Glaessgen now forecasts that the company will post earnings of $2.01 per share for the quarter, down from their previous forecast of $2.11. B. Riley currently has a "Buy" rating and a $65.00 target price on the stock. The consensus estimate for Academy Sports and Outdoors' current full-year earnings is $5.59 per share. B. Riley also issued estimates for Academy Sports and Outdoors' Q3 2026 earnings at $1.04 EPS, Q4 2026 earnings at $1.76 EPS and FY2026 earnings at $5.49 EPS.

A number of other brokerages have also issued reports on ASO. JPMorgan Chase & Co. upped their target price on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Wells Fargo & Company lifted their target price on Academy Sports and Outdoors from $38.00 to $43.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 14th. UBS Group dropped their target price on Academy Sports and Outdoors from $54.00 to $48.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 4th. Citigroup cut their price target on Academy Sports and Outdoors from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Wednesday, June 4th. Finally, Loop Capital decreased their target price on shares of Academy Sports and Outdoors from $77.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Academy Sports and Outdoors has an average rating of "Moderate Buy" and a consensus price target of $56.31.

Academy Sports and Outdoors Stock Down 5.1%

ASO traded down $2.35 on Friday, reaching $43.55. The company's stock had a trading volume of 1,993,353 shares, compared to its average volume of 1,647,641. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.57 and a quick ratio of 0.32. Academy Sports and Outdoors has a 1 year low of $33.34 and a 1 year high of $64.62. The business's 50 day moving average is $40.44 and its 200 day moving average is $47.80. The stock has a market cap of $2.90 billion, a price-to-earnings 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 quarterly earnings data on Tuesday, June 10th. The company reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.13). The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.38 billion. Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.08 EPS.

Academy Sports and Outdoors Announces Dividend

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

Institutional Trading of Academy Sports and Outdoors

Institutional investors have recently made changes to their positions in the stock. William Blair Investment Management LLC bought a new stake in Academy Sports and Outdoors during the 4th quarter valued at approximately $52,402,000. Norges Bank bought a new position in Academy Sports and Outdoors in the 4th quarter valued at approximately $47,436,000. Hood River Capital Management LLC purchased a new position in shares of Academy Sports and Outdoors in the fourth quarter worth $42,320,000. American Century Companies Inc. boosted its holdings in shares of Academy Sports and Outdoors by 77.2% during the 4th quarter. American Century Companies Inc. now owns 1,252,699 shares of the company's stock valued at $72,068,000 after acquiring an additional 545,778 shares during the last quarter. Finally, Westwood Holdings Group Inc. boosted its stake in shares of Academy Sports and Outdoors by 36.1% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,992,997 shares of the company's stock worth $90,901,000 after buying an additional 528,367 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.