Academy Sports and Outdoors (NASDAQ:ASO) Releases FY 2026 Earnings Guidance

Key Points

• Academy Sports and Outdoors issued FY 2026 guidance for EPS of $6.50–$6.90, above the $6.31 consensus estimate, and revenue of $6.2–$6.4 billion, roughly in line with the $6.3 billion consensus.
• The company recently reported quarterly EPS of $2.31, beating analyst expectations of $2.07, while revenue reached $1.65 billion in line with estimates.
• Analyst sentiment remains mixed, with the stock carrying a consensus “Hold” rating and an average price target of $57.14; Academy also declared a quarterly dividend of $0.15 per share, yielding approximately 1.3% annually.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.500-6.900 for the period, compared to the consensus earnings per share estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Wall Street Analyst Weigh In

ASO has been the subject of several analyst reports. Wells Fargo & Company restated a "hold" rating on shares of Academy Sports and Outdoors in a research report on Wednesday, June 10th. Truist Financial decreased their price objective on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a "hold" rating for the company in a report on Wednesday, June 10th. The Goldman Sachs Group reduced their price target on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a "buy" rating on the stock in a research report on Wednesday, June 10th. UBS Group reissued a "neutral" rating on shares of Academy Sports and Outdoors in a report on Wednesday, September 2nd. Finally, Telsey Advisory Group lowered their price objective on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set an "outperform" rating for the company in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $57.14.

Academy Sports and Outdoors Price Performance

Shares of ASO opened at $44.71 on Wednesday. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors has a twelve month low of $41.29 and a twelve month high of $62.44. The stock has a market capitalization of $2.77 billion, a P/E ratio of 7.87, a P/E/G ratio of 0.66 and a beta of 1.02. The company has a 50 day moving average of $46.75 and a 200-day moving average of $51.71.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last announced its earnings results 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 during the quarter, compared to analysts' expectations of $1.65 billion. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. As a group, equities research analysts forecast that Academy Sports and Outdoors will post 6.01 EPS for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 16th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. Academy Sports and Outdoors's payout ratio is currently 10.56%.

Institutional Trading of Academy Sports and Outdoors

Several large investors have recently bought and sold shares of ASO. Smartleaf Asset Management LLC raised its stake in Academy Sports and Outdoors by 12.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company's stock worth $86,000 after acquiring an additional 188 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Academy Sports and Outdoors by 3.5% in the fourth quarter. CIBC Asset Management Inc now owns 6,721 shares of the company's stock worth $336,000 after acquiring an additional 228 shares during the last quarter. Maryland State Retirement & Pension System boosted its stake in shares of Academy Sports and Outdoors by 2.5% in the 4th quarter. Maryland State Retirement & Pension System now owns 9,792 shares of the company's stock valued at $489,000 after purchasing an additional 235 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Academy Sports and Outdoors by 4.5% in the 4th quarter. Quadrant Capital Group LLC now owns 5,610 shares of the company's stock valued at $280,000 after purchasing an additional 241 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of Academy Sports and Outdoors by 12.4% during the 2nd quarter. Lazard Asset Management LLC now owns 3,270 shares of the company's stock valued at $146,000 after purchasing an additional 360 shares during the last quarter.

About Academy Sports and Outdoors

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company's product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.

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