Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts maintain a “Hold” consensus on Academy Sports and Outdoors, with eight hold, six buy, one strong-buy, and one sell rating. The average 12-month price target is $58.29 versus the reported share price of $50.44.
• Academy exceeded quarterly earnings expectations, reporting $2.31 in EPS versus the $2.07 consensus, while revenue reached $1.65 billion, up 3% year over year. The company issued fiscal 2026 EPS guidance of $6.50–$6.90.
• The retailer declared a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a 1.2% yield, with a 10% payout ratio.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Get Free Report) has been assigned an average recommendation of "Hold" from the sixteen research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $58.2857.

ASO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 10th. UBS Group increased their price target on Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a "neutral" rating in a research note on Thursday, September 10th. Telsey Advisory Group lifted their price target on Academy Sports and Outdoors from $60.00 to $63.00 and gave the company an "outperform" rating in a research report on Thursday, September 10th. Wells Fargo & Company raised Academy Sports and Outdoors from a "hold" rating to a "buy" rating in a research note on Thursday, September 10th. Finally, Truist Financial raised their target price on Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a "hold" rating in a research note on Thursday, September 10th.

Academy Sports and Outdoors Price Performance

Shares of NASDAQ ASO opened at $50.44 on Wednesday. The stock has a market cap of $3.11 billion, a P/E ratio of 8.41, a P/E/G ratio of 0.76 and a beta of 1.02. The firm's 50-day simple moving average is $47.35 and its 200 day simple moving average is $51.47. Academy Sports and Outdoors has a fifty-two week low of $41.29 and a fifty-two week high of $62.44. The company has a quick ratio of 0.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.23.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last announced its earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.39% and a return on equity of 18.36%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the firm posted $1.94 EPS. Academy Sports and Outdoors's revenue was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Equities analysts expect that Academy Sports and Outdoors will post 6.18 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Academy Sports and Outdoors's dividend payout ratio is presently 10.00%.

Hedge Funds Weigh In On Academy Sports and Outdoors

Several hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Academy Sports and Outdoors in the 2nd quarter worth $38,000. EverSource Wealth Advisors LLC raised its position in shares of Academy Sports and Outdoors by 38.9% during the first quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company's stock worth $52,000 after purchasing an additional 258 shares during the period. State of Wyoming purchased a new stake in shares of Academy Sports and Outdoors during the second quarter valued at $55,000. Clearstead Advisors LLC lifted its holdings in shares of Academy Sports and Outdoors by 192.6% during the fourth quarter. Clearstead Advisors LLC now owns 1,311 shares of the company's stock valued at $65,000 after purchasing an additional 863 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Academy Sports and Outdoors in the 2nd quarter valued at $104,000.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc is a sporting goods and outdoor recreation retailer based in Katy, Texas. The company operates stores and an e-commerce platform serving customers across the southern, southeastern and midwestern United States.

Its merchandise includes sporting goods and equipment, outdoor and adventure products, hunting and fishing gear, athletic and casual footwear, apparel, and related accessories. Academy serves a broad customer base through a value-oriented assortment of national brands and private-label products.

The company traces its history to 1938, when it was founded in San Antonio, Texas, as a small tire shop.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.