Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) updated its FY26 earnings guidance on Thursday. The company provided earnings per share guidance of $5.75-6.20 for the period, compared to the consensus earnings per share estimate of $6.45. The company issued revenue guidance of 6.09-6.27 billion, compared to the consensus revenue estimate of $6.24 billion. Academy Sports and Outdoors also updated its FY 2025 guidance to 5.750-6.200 EPS.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Oppenheimer dropped their price target on Academy Sports and Outdoors from $85.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday. Truist Financial increased their target price on Academy Sports and Outdoors from $50.00 to $51.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. Robert W. Baird cut 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. Citigroup lowered their price objective on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, March 17th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “neutral” rating in a research report on Friday. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.38.
Read Our Latest Research Report on ASO
Academy Sports and Outdoors Stock Performance
Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.14. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.21 earnings per share. Equities analysts anticipate that Academy Sports and Outdoors will post 5.59 earnings per share for the current fiscal year.
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 paid a $0.13 dividend. The ex-dividend date is Tuesday, March 25th. This is a boost from Academy Sports and Outdoors’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.10%. Academy Sports and Outdoors’s dividend payout ratio is 8.54%.
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.
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