Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Stock Rated "Moderate Buy" by Sell-Side Brokerages

Key Points

• Analyst sentiment is moderately positive: Fifteen firms give Academy Sports and Outdoors a consensus “Moderate Buy” rating—six Buy, one Strong Buy and eight Hold—with an average one-year price target of $58.54.
• Quarterly earnings beat expectations: The retailer reported EPS of $2.31 versus a $2.07 consensus estimate, while revenue of $1.65 billion matched forecasts and rose 3% year over year. It set fiscal 2026 EPS guidance at $6.50–$6.90.
• Insiders have been selling shares: Company insiders sold 106,315 shares worth about $5.58 million over the past three months; the company also declared a $0.15 quarterly dividend.

Shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $58.54.

ASO has been the topic of a number of research analyst reports. Truist Financial raised their price target on Academy Sports and Outdoors from $52.00 to $54.00 and gave the stock a "hold" rating in a research report on Thursday, September 10th. Barclays boosted their price objective on Academy Sports and Outdoors from $50.00 to $53.00 and gave the company an "equal weight" rating in a research report on Thursday, September 10th. Weiss Ratings raised Academy Sports and Outdoors from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday. UBS Group increased their target price on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a "neutral" rating in a research note on Thursday, September 10th. Finally, Telsey Advisory Group raised their target price on shares of Academy Sports and Outdoors from $60.00 to $63.00 and gave the stock an "outperform" rating in a report on Thursday, September 10th.

Insider Buying and Selling at Academy Sports and Outdoors

In related news, Director Brian T. Marley sold 10,432 shares of the business's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $53.25, for a total value of $555,504.00. Following the sale, the director directly owned 32,607 shares of the company's stock, valued at approximately $1,736,322.75. The trade was a 24.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Samuel Johnson sold 70,303 shares of the company's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $51.79, for a total transaction of $3,640,992.37. Following the completion of the transaction, the president directly owned 36,861 shares of the company's stock, valued at approximately $1,909,031.19. The trade was a 65.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 106,315 shares of company stock valued at $5,576,537 in the last three months. 4.08% of the stock is owned by insiders.

Hedge Funds Weigh In On Academy Sports and Outdoors

A number of large investors have recently added to or reduced their stakes in ASO. Farther Finance Advisors LLC boosted its stake in shares of Academy Sports and Outdoors by 52.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 736 shares of the company's stock worth $35,000 after buying an additional 252 shares during the last quarter. Heritage Family Offices LLP bought a new position in shares of Academy Sports and Outdoors in the 3rd quarter valued at about $36,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Academy Sports and Outdoors in the 2nd quarter valued at about $38,000. EverSource Wealth Advisors LLC increased its position in shares of Academy Sports and Outdoors by 38.9% in the first quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company's stock valued at $52,000 after acquiring an additional 258 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Academy Sports and Outdoors in the second quarter valued at about $55,000.

Academy Sports and Outdoors Price Performance

Shares of ASO stock opened at $67.69 on Thursday. Academy Sports and Outdoors has a 12-month low of $41.29 and a 12-month high of $67.76. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 0.85 and a beta of 0.94. The company has a quick ratio of 0.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. The firm has a fifty day moving average of $52.46 and a 200-day moving average of $52.91.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last issued its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.07 by $0.24. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.65 billion. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%. The firm's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.94 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. On average, equities research analysts forecast that Academy Sports and Outdoors will post 6.24 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 16th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Academy Sports and Outdoors's dividend payout ratio is 10.00%.

About Academy Sports and Outdoors

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

Academy sells a broad selection of sports equipment, apparel and footwear, as well as products for hunting, fishing, camping, boating, fitness and outdoor recreation. Its merchandise also includes seasonal products, patio and recreation items, and equipment for team sports.

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