Telsey Advisory Group Has Weak Forecast for ASO Q3 Earnings

Key Points

• Telsey Advisory Group revised its Q3 2026 earnings per share estimate for Academy Sports and Outdoors from $0.98 to $0.94, while maintaining an "Outperform" rating and a price target of $65.00.
• Academy Sports and Outdoors recently reported earnings of $0.76 per share for the last quarter, missing forecasts by $0.13 and showing a year-over-year revenue decline of 0.9%.
• The company will pay a quarterly dividend of $0.13 per share on October 9th, resulting in a 1.0% annual yield and a low dividend payout ratio of 9.74%.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) - Equities research analysts at Telsey Advisory Group dropped their Q3 2026 EPS estimates for Academy Sports and Outdoors in a report issued on Wednesday, September 3rd. Telsey Advisory Group analyst C. Fernandez now expects that the company will earn $0.94 per share for the quarter, down from their prior forecast of $0.98. Telsey Advisory Group has a "Outperform" rating and a $65.00 price target on the stock. The consensus estimate for Academy Sports and Outdoors' current full-year earnings is $5.59 per share. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors' Q3 2027 earnings at $1.05 EPS.

Other research analysts have also recently issued research reports about the stock. Monness Crespi & Hardt initiated coverage on shares of Academy Sports and Outdoors in a report on Monday, August 4th. They issued a "buy" rating and a $65.00 price target for the company. Morgan Stanley reduced their target price on shares of Academy Sports and Outdoors from $55.00 to $52.00 and set an "equal weight" rating for the company in a report on Wednesday, June 11th. Citigroup cut shares of Academy Sports and Outdoors from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $55.00 to $50.00 in a report on Wednesday. Loop Capital set a $65.00 target price on shares of Academy Sports and Outdoors in a report on Monday, July 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Academy Sports and Outdoors from $54.00 to $56.00 and gave the stock a "neutral" rating in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $58.71.

Academy Sports and Outdoors Stock Performance

Shares of NASDAQ ASO traded up $0.82 during midday trading on Friday, reaching $50.86. The company had a trading volume of 1,360,622 shares, compared to its average volume of 1,585,790. The business's 50-day simple moving average is $51.89 and its 200 day simple moving average is $46.27. The stock has a market cap of $3.39 billion, a P/E ratio of 9.52, a P/E/G ratio of 1.03 and a beta of 1.30. Academy Sports and Outdoors has a 1 year low of $33.34 and a 1 year high of $64.61. The company has a current ratio of 1.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.23.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.13). The company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.38 billion. Academy Sports and Outdoors had a return on equity of 18.47% and a net margin of 6.21%.The company's quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the business posted $1.08 EPS. Academy Sports and Outdoors has set its FY 2025 guidance at 5.450-6.25 EPS.

Institutional Trading of Academy Sports and Outdoors

Institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. grew its position in shares of Academy Sports and Outdoors by 1.3% in the first quarter. Principal Financial Group Inc. now owns 345,718 shares of the company's stock valued at $15,768,000 after purchasing an additional 4,279 shares during the period. Fund 1 Investments LLC acquired a new stake in shares of Academy Sports and Outdoors in the fourth quarter valued at about $4,929,000. Allspring Global Investments Holdings LLC grew its position in shares of Academy Sports and Outdoors by 4.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,422 shares of the company's stock valued at $299,000 after purchasing an additional 283 shares during the period. GAMMA Investing LLC grew its position in shares of Academy Sports and Outdoors by 10,181.5% in the first quarter. GAMMA Investing LLC now owns 127,799 shares of the company's stock valued at $5,829,000 after purchasing an additional 126,556 shares during the period. Finally, Interval Partners LP acquired a new stake in shares of Academy Sports and Outdoors in the fourth quarter valued at about $8,917,000.

Insider Activity

In other news, Director Christopher Lee Turner sold 4,400 shares of Academy Sports and Outdoors stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $44.48, for a total value of $195,712.00. Following the sale, the director owned 7,084 shares in the company, valued at $315,096.32. This trade represents a 38.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.62% of the stock is currently owned by company insiders.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 11th will be given a $0.13 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.52 annualized dividend and a dividend yield of 1.0%. Academy Sports and Outdoors's dividend payout ratio (DPR) is 9.74%.

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.