Academy Sports and Outdoors (NASDAQ:ASO) Releases FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.100-6.600 for the period, compared to the consensus EPS estimate of 5.980. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.2 billion. Academy Sports and Outdoors also updated its Q1 2026 guidance to EPS.

Academy Sports and Outdoors Trading Down 0.9%

NASDAQ:ASO opened at $55.68 on Friday. The firm has a market capitalization of $3.58 billion, a P/E ratio of 10.01, a PEG ratio of 0.87 and a beta of 1.21. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 0.44. Academy Sports and Outdoors has a one year low of $34.77 and a one year high of $62.44. The company’s 50-day simple moving average is $57.31 and its 200 day simple moving average is $53.16.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the prior year, the business posted $1.96 EPS. Academy Sports and Outdoors’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts forecast that Academy Sports and Outdoors will post 5.59 EPS for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 20th will be given a dividend of $0.15 per share. This is a boost from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, March 20th. This represents a $0.60 dividend on an annualized basis and a yield of 1.1%. Academy Sports and Outdoors’s dividend payout ratio is 10.79%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Academy Sports and Outdoors in a report on Monday, December 29th. Wells Fargo & Company raised their price target on Academy Sports and Outdoors from $52.00 to $56.00 and gave the company an “equal weight” rating in a report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a $61.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday, March 17th. Telsey Advisory Group reissued an “outperform” rating and set a $65.00 price objective on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. Finally, Guggenheim raised their price objective on shares of Academy Sports and Outdoors from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Academy Sports and Outdoors has a consensus rating of “Hold” and a consensus target price of $58.43.

Institutional Investors Weigh In On Academy Sports and Outdoors

Several large investors have recently bought and sold shares of the business. Man Group plc lifted its stake in Academy Sports and Outdoors by 60.4% during the 3rd quarter. Man Group plc now owns 10,698 shares of the company’s stock valued at $535,000 after acquiring an additional 4,030 shares during the period. Maryland State Retirement & Pension System grew its stake in shares of 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 acquiring an additional 235 shares during the period. Aristeia Capital L.L.C. bought a new stake in shares of Academy Sports and Outdoors in the fourth quarter worth approximately $471,000. Vestcor Inc raised its holdings in shares of Academy Sports and Outdoors by 47.3% during the third quarter. Vestcor Inc now owns 8,394 shares of the company’s stock valued at $420,000 after purchasing an additional 2,697 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of Academy Sports and Outdoors during the third quarter valued at approximately $354,000.

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.