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

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.500-6.900 for the period, compared to the consensus earnings per share estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ASO shares. JPMorgan Chase & Co. dropped their price target on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a research note on Wednesday, June 10th. 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 research report on Wednesday, September 2nd. BMO Capital Markets initiated coverage on Academy Sports and Outdoors in a research report on Tuesday. They issued a “market perform” rating and a $42.00 target price for the company. Wells Fargo & Company reaffirmed a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. Finally, Barclays cut their target price on shares of Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Academy Sports and Outdoors presently has an average rating of “Hold” and an average target price of $57.14.

Academy Sports and Outdoors Trading Down 0.5%

NASDAQ:ASO opened at $44.71 on Wednesday. The firm’s fifty day moving average is $46.75 and its 200-day moving average is $51.71. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. Academy Sports and Outdoors has a 52 week low of $41.29 and a 52 week high of $62.44. The firm has a market cap of $2.77 billion, a P/E ratio of 7.87, a P/E/G ratio of 0.66 and a beta of 1.02.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 earnings per share 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 company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Equities analysts expect that Academy Sports and Outdoors will post 6.01 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, September 16th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 10.56%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ASO. Advisory Services Network LLC bought a new stake in shares of Academy Sports and Outdoors during the 3rd quarter valued at about $61,000. EverSource Wealth Advisors LLC increased its holdings in Academy Sports and Outdoors by 89.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after purchasing an additional 657 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Academy Sports and Outdoors by 12.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock worth $86,000 after purchasing an additional 188 shares in the last quarter. Strs Ohio acquired a new position in Academy Sports and Outdoors in the first quarter valued at approximately $128,000. Finally, Lazard Asset Management LLC lifted its stake in Academy Sports and Outdoors by 12.4% in the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock valued at $146,000 after buying an additional 360 shares during the period.

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.