Equities Analysts Set Expectations for ASO Q3 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Investment analysts at Telsey Advisory Group reduced their Q3 2026 earnings per share estimates for Academy Sports and Outdoors in a report released on Wednesday, June 11th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $0.98 per share for the quarter, down from their prior estimate of $1.04. Telsey Advisory Group has a “Outperform” rating and a $58.00 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’ Q4 2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.78 EPS and FY2027 earnings at $6.14 EPS.

Academy Sports and Outdoors (NASDAQ:ASO) last released its earnings results on Tuesday, June 10th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.13). The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.38 billion. Academy Sports and Outdoors had a net margin of 6.55% and a return on equity of 19.62%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.08 EPS.

ASO has been the topic of several other research reports. Loop Capital cut their target price on Academy Sports and Outdoors from $77.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Evercore ISI dropped their price target on shares of Academy Sports and Outdoors from $54.00 to $53.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 1st. Robert W. Baird decreased their price target on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, March 21st. Truist Financial boosted their price objective on Academy Sports and Outdoors from $45.00 to $47.00 and gave the stock a “hold” rating in a research note on Wednesday, June 11th. Finally, Wells Fargo & Company boosted their price target on shares of Academy Sports and Outdoors from $38.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 14th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $56.31.

Academy Sports and Outdoors Stock Performance

ASO opened at $44.90 on Monday. The company has a current ratio of 1.52, a quick ratio of 0.29 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $40.98 and its 200-day moving average is $47.72. The stock has a market cap of $2.98 billion, a PE ratio of 8.25, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. Academy Sports and Outdoors has a twelve month low of $33.34 and a twelve month high of $64.62.

Hedge Funds Weigh In On Academy Sports and Outdoors

Several large investors have recently bought and sold shares of the stock. William Blair Investment Management LLC acquired a new position in shares of Academy Sports and Outdoors in the 4th quarter valued at $52,402,000. Norges Bank acquired a new position in Academy Sports and Outdoors during the fourth quarter worth $47,436,000. Hood River Capital Management LLC bought a new position in shares of Academy Sports and Outdoors during the fourth quarter valued at $42,320,000. American Century Companies Inc. boosted its stake in shares of Academy Sports and Outdoors by 77.2% in the 4th quarter. American Century Companies Inc. now owns 1,252,699 shares of the company’s stock valued at $72,068,000 after purchasing an additional 545,778 shares in the last quarter. Finally, Westwood Holdings Group Inc. grew its holdings in shares of Academy Sports and Outdoors by 36.1% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,992,997 shares of the company’s stock worth $90,901,000 after purchasing an additional 528,367 shares during the last quarter.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Thursday, June 19th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Wednesday, June 18th. Academy Sports and Outdoors’s dividend payout ratio is presently 9.56%.

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.