Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Free Report) shot up 3.6% during trading on Thursday following a better than expected earnings announcement. The company traded as high as $52.74 and last traded at $52.9840. Approximately 523,982 shares changed hands during trading, a decline of 66% from the average daily volume of 1,536,316 shares. The stock had previously closed at $51.15.
The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company posted $1.94 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS.
Academy Sports and Outdoors Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 16th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.60 annualized dividend and a yield of 1.1%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is currently 10.56%.
More Academy Sports and Outdoors News
- Positive Sentiment: Adjusted second-quarter EPS was $2.31, ahead of the approximately $2.07-$2.10 analyst consensus and up 19.1% from $1.94 a year earlier. Revenue rose 3.0% to $1.65 billion, in line with expectations. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Academy raised its fiscal 2026 EPS guidance to $6.50-$6.90 while maintaining revenue expectations of roughly $6.2-$6.4 billion. The improved outlook was supported by cost discipline, e-commerce momentum and the benefit of tariff refunds, although that benefit is expected to diminish. Academy Sports And Outdoors Boosts FY26 EPS Outlook
- Positive Sentiment: E-commerce sales increased 12.8%, and newly opened stores produced mid-single-digit comparable sales growth, indicating that expansion and digital initiatives are gaining traction. Academy Sports + Outdoors Raises Annual Profit Forecast
- Neutral Sentiment: Investors and analysts view ASO as potentially undervalued following the rally, with a low earnings multiple and stable underlying earnings power supporting the bullish case. However, the valuation argument is dependent on continued execution. Academy Sports and Outdoors: The Market’s Pessimism Is an Opportunity
- Negative Sentiment: Comparable sales declined 0.4%, highlighting weaker consumer demand and a performance gap versus some sporting-goods peers. The soft store base also keeps investors focused on whether growth can accelerate after temporary tariff-related benefits fade.
Wall Street Analyst Weigh In
ASO has been the topic of several research analyst reports. Stephens began coverage on shares of Academy Sports and Outdoors in a research report on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 price objective on the stock. BMO Capital Markets began coverage on shares of Academy Sports and Outdoors in a research note on Tuesday. They issued a “market perform” rating and a $42.00 price target for the company. Barclays increased their price target on shares of Academy Sports and Outdoors from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Thursday. UBS Group raised their price objective on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Wells Fargo & Company raised shares of Academy Sports and Outdoors from a “negative” rating to a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $58.14.
Read Our Latest Research Report on Academy Sports and Outdoors
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its holdings in shares of Academy Sports and Outdoors by 12.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock worth $86,000 after acquiring an additional 188 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Academy Sports and Outdoors by 3.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 5,599 shares of the company’s stock worth $280,000 after purchasing an additional 202 shares during the period. PNC Financial Services Group Inc. raised its position in Academy Sports and Outdoors by 2.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,464 shares of the company’s stock worth $373,000 after purchasing an additional 202 shares during the period. CIBC Asset Management Inc lifted its stake in 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 purchasing an additional 228 shares during the last quarter. Finally, Maryland State Retirement & Pension System lifted its stake in Academy Sports and Outdoors by 2.5% in the fourth quarter. Maryland State Retirement & Pension System now owns 9,792 shares of the company’s stock worth $489,000 after purchasing an additional 235 shares during the last quarter.
Academy Sports and Outdoors Trading Up 3.6%
The firm’s 50-day simple moving average is $46.83 and its 200-day simple moving average is $51.65. The firm has a market capitalization of $3.29 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 0.65 and a beta of 1.02. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23.
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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