Academy Sports and Outdoors (NASDAQ:ASO) Releases Quarterly Earnings Results

Academy Sports and Outdoors (NASDAQ:ASO) announced its earnings results on Thursday. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.14, Briefing.com reports. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.21 earnings per share. Academy Sports and Outdoors updated its FY26 guidance to $5.75-6.20 EPS and its FY 2025 guidance to 5.750-6.200 EPS.

Academy Sports and Outdoors Stock Down 0.4 %

Shares of Academy Sports and Outdoors stock opened at $47.23 on Friday. The firm’s 50 day moving average price is $51.09 and its 200-day moving average price is $53.16. The company has a quick ratio of 0.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors has a 52-week low of $43.16 and a 52-week high of $68.96. The company has a market cap of $3.28 billion, a P/E ratio of 7.76, a PEG ratio of 1.02 and a beta of 1.25.

Academy Sports and Outdoors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Tuesday, March 25th will be given a $0.13 dividend. The ex-dividend date is Tuesday, March 25th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.10%. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.11. Academy Sports and Outdoors’s payout ratio is presently 8.54%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Morgan Stanley reduced their target price on shares of Academy Sports and Outdoors from $60.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Friday. Telsey Advisory Group reaffirmed an “outperform” rating and set a $60.00 target price on shares of Academy Sports and Outdoors in a research report on Monday, March 17th. B. Riley reduced their target price on shares of Academy Sports and Outdoors from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday. Robert W. Baird reduced their target price on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Citigroup reduced their target price on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, March 17th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $60.38.

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, 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.