Eisler Capital Management Ltd. Invests $3.40 Million in Academy Sports and Outdoors, Inc. $ASO

Eisler Capital Management Ltd. acquired a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 74,569 shares of the company’s stock, valued at approximately $3,403,000.

Several other hedge funds also recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Academy Sports and Outdoors in the 1st quarter worth approximately $1,505,000. Islay Capital Management LLC purchased a new stake in Academy Sports and Outdoors during the first quarter valued at about $1,204,000. Campbell & CO Investment Adviser LLC lifted its stake in Academy Sports and Outdoors by 34.1% during the first quarter. Campbell & CO Investment Adviser LLC now owns 26,459 shares of the company’s stock valued at $1,207,000 after buying an additional 6,733 shares in the last quarter. Penn Capital Management Company LLC lifted its stake in Academy Sports and Outdoors by 24.9% during the first quarter. Penn Capital Management Company LLC now owns 218,375 shares of the company’s stock valued at $9,972,000 after buying an additional 43,524 shares in the last quarter. Finally, Systematic Financial Management LP lifted its stake in Academy Sports and Outdoors by 8.7% during the first quarter. Systematic Financial Management LP now owns 245,164 shares of the company’s stock valued at $11,182,000 after buying an additional 19,559 shares in the last quarter.

Insider Buying and Selling at Academy Sports and Outdoors

In other news, Director Christopher Lee Turner sold 4,400 shares of the firm’s stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $44.48, for a total transaction of $195,712.00. Following the completion of the sale, the director directly owned 7,084 shares of the company’s stock, valued at $315,096.32. This trade represents a 38.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.62% of the stock is owned by company insiders.

Academy Sports and Outdoors Trading Up 4.8%

NASDAQ:ASO opened at $56.33 on Thursday. Academy Sports and Outdoors, Inc. has a fifty-two week low of $33.34 and a fifty-two week high of $64.61. The stock’s 50-day moving average is $50.93 and its two-hundred day moving average is $46.42. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.52 and a quick ratio of 0.29. The stock has a market cap of $3.74 billion, a PE ratio of 10.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.13). Academy Sports and Outdoors had a return on equity of 19.62% and a net margin of 6.55%.The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the business earned $1.08 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2025 guidance at 5.450-6.25 EPS. As a group, equities research analysts forecast that Academy Sports and Outdoors, Inc. will post 5.59 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Thursday, June 19th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.9%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 9.56%.

Analyst Ratings Changes

A number of research firms have commented on ASO. Telsey Advisory Group reaffirmed an “outperform” rating and set a $65.00 price objective on shares of Academy Sports and Outdoors in a research note on Wednesday. Truist Financial boosted their target price on shares of Academy Sports and Outdoors from $45.00 to $47.00 and gave the company a “hold” rating in a research note on Wednesday, June 11th. Wells Fargo & Company boosted their target price on shares of Academy Sports and Outdoors from $43.00 to $55.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Bank of America cut their target price on shares of Academy Sports and Outdoors from $60.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 11th. Finally, Monness Crespi & Hardt assumed coverage on shares of Academy Sports and Outdoors in a research note on Monday, August 4th. They set a “buy” rating and a $65.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.35.

Academy Sports and Outdoors 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.