Wedbush Analysts Reduce Earnings Estimates for ASO

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Analysts at Wedbush cut their Q4 2025 earnings per share estimates for Academy Sports and Outdoors in a research note issued on Wednesday, December 11th. Wedbush analyst S. Basham now expects that the company will post earnings per share of $1.81 for the quarter, down from their prior estimate of $1.89. Wedbush 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 $6.00 per share. Wedbush also issued estimates for Academy Sports and Outdoors’ Q1 2026 earnings at $1.09 EPS, Q2 2026 earnings at $2.12 EPS and Q4 2026 earnings at $2.05 EPS.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.30). The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.39 billion. Academy Sports and Outdoors had a net margin of 7.98% and a return on equity of 25.56%. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the business earned $1.38 EPS.

Several other analysts have also weighed in on ASO. Robert W. Baird dropped their price objective on shares of Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating for the company in a report on Wednesday. Telsey Advisory Group reduced their price objective on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Jefferies Financial Group cut their price objective on shares of Academy Sports and Outdoors from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Wednesday, September 11th. Truist Financial lifted their target price on shares of Academy Sports and Outdoors from $50.00 to $51.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, Evercore ISI downgraded Academy Sports and Outdoors from an “outperform” rating to an “in-line” rating and cut their price target for the company from $65.00 to $60.00 in a research note on Thursday, October 3rd. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Academy Sports and Outdoors currently has a consensus rating of “Hold” and an average price target of $61.07.

Academy Sports and Outdoors Stock Performance

Shares of NASDAQ ASO opened at $53.30 on Friday. Academy Sports and Outdoors has a 12 month low of $44.73 and a 12 month high of $75.73. The company has a quick ratio of 0.41, a current ratio of 1.66 and a debt-to-equity ratio of 0.25. The company has a market cap of $3.75 billion, a P/E ratio of 8.23, a P/E/G ratio of 0.97 and a beta of 1.31. The business’s 50 day moving average is $51.47 and its two-hundred day moving average is $53.47.

Hedge Funds Weigh In On Academy Sports and Outdoors

A number of hedge funds have recently added to or reduced their stakes in the stock. Cetera Advisors LLC bought a new stake in shares of Academy Sports and Outdoors during the first quarter worth $262,000. CWM LLC increased its holdings in Academy Sports and Outdoors by 36.9% in the 2nd quarter. CWM LLC now owns 4,284 shares of the company’s stock worth $228,000 after purchasing an additional 1,155 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Academy Sports and Outdoors by 253.1% during the second quarter. SG Americas Securities LLC now owns 14,757 shares of the company’s stock valued at $786,000 after purchasing an additional 10,578 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of Academy Sports and Outdoors by 3.6% in the second quarter. Great Valley Advisor Group Inc. now owns 7,673 shares of the company’s stock valued at $409,000 after buying an additional 269 shares during the period. Finally, Blue Trust Inc. raised its holdings in Academy Sports and Outdoors by 94.7% in the 2nd quarter. Blue Trust Inc. now owns 2,149 shares of the company’s stock valued at $114,000 after buying an additional 1,045 shares during the last quarter.

Insider Buying and Selling at Academy Sports and Outdoors

In other news, Director Jeffrey C. Tweedy sold 1,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $62.00, for a total transaction of $74,400.00. Following the completion of the sale, the director now owns 8,906 shares in the company, valued at $552,172. The trade was a 11.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 2.19% of the company’s stock.

Academy Sports and Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, December 18th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Wednesday, December 18th. Academy Sports and Outdoors’s payout ratio is presently 6.79%.

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.