Wedbush Comments on Academy Sports and Outdoors, Inc.'s Q1 2025 Earnings (NASDAQ:ASO)

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) - Stock analysts at Wedbush issued their Q1 2025 EPS estimates for Academy Sports and Outdoors in a research note issued on Monday, April 1st. Wedbush analyst S. Basham forecasts that the company will earn $1.06 per share for the quarter. Wedbush has a "Outperform" rating and a $80.00 price objective on the stock. The consensus estimate for Academy Sports and Outdoors' current full-year earnings is $7.27 per share. Wedbush also issued estimates for Academy Sports and Outdoors' Q1 2026 earnings at $1.16 EPS, Q2 2026 earnings at $2.15 EPS, Q3 2026 earnings at $1.45 EPS and Q4 2026 earnings at $2.21 EPS.

A number of other brokerages also recently issued reports on ASO. Morgan Stanley lowered their price target on Academy Sports and Outdoors from $70.00 to $65.00 and set an "equal weight" rating for the company in a report on Friday, March 22nd. Evercore ISI increased their price objective on Academy Sports and Outdoors from $75.00 to $78.00 and gave the company an "outperform" rating in a report on Friday, March 22nd. JPMorgan Chase & Co. increased their price objective on Academy Sports and Outdoors from $55.00 to $87.00 and gave the company an "overweight" rating in a report on Wednesday, March 20th. B. Riley reissued a "buy" rating and issued a $72.00 price objective (up from $65.00) on shares of Academy Sports and Outdoors in a report on Monday, March 25th. Finally, Telsey Advisory Group decreased their price objective on Academy Sports and Outdoors from $83.00 to $75.00 and set an "outperform" rating for the company in a report on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Academy Sports and Outdoors presently has a consensus rating of "Moderate Buy" and an average target price of $73.81.

Academy Sports and Outdoors Stock Up 0.2 %

ASO traded up $0.10 on Wednesday, reaching $63.38. The company's stock had a trading volume of 1,458,671 shares, compared to its average volume of 1,348,906. The stock has a 50 day moving average of $68.35 and a two-hundred day moving average of $58.36. The company has a quick ratio of 0.51, a current ratio of 1.87 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 0.89 and a beta of 1.35. Academy Sports and Outdoors has a fifty-two week low of $42.83 and a fifty-two week high of $75.73.

Academy Sports and Outdoors Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Tuesday, March 26th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.69%. This is an increase from Academy Sports and Outdoors's previous quarterly dividend of $0.09. The ex-dividend date is Monday, March 25th. Academy Sports and Outdoors's payout ratio is 6.55%.

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of institutional investors have recently made changes to their positions in ASO. BlackRock Inc. boosted its position in Academy Sports and Outdoors by 124.0% during the 1st quarter. BlackRock Inc. now owns 13,562,648 shares of the company's stock worth $534,370,000 after acquiring an additional 7,507,589 shares during the period. State Street Corp boosted its position in Academy Sports and Outdoors by 73.0% during the 1st quarter. State Street Corp now owns 2,834,137 shares of the company's stock worth $111,872,000 after acquiring an additional 1,196,076 shares during the period. Dimensional Fund Advisors LP boosted its position in Academy Sports and Outdoors by 11,157.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,079,773 shares of the company's stock worth $42,542,000 after acquiring an additional 1,070,181 shares during the period. Renaissance Technologies LLC boosted its position in Academy Sports and Outdoors by 680.6% during the 1st quarter. Renaissance Technologies LLC now owns 1,147,500 shares of the company's stock worth $45,212,000 after acquiring an additional 1,000,500 shares during the period. Finally, Vanguard Group Inc. boosted its position in Academy Sports and Outdoors by 11.3% during the 1st quarter. Vanguard Group Inc. now owns 9,462,337 shares of the company's stock worth $372,817,000 after acquiring an additional 958,800 shares during the period.

About Academy Sports and Outdoors

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, camping accessories and equipment, sunglasses, backpacks, and sports bags; 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, optics, airguns, and hunting equipment.