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

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.400-6.800 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.

Academy Sports and Outdoors Stock Up 10.1%

Shares of ASO stock traded up $5.21 during mid-day trading on Tuesday, hitting $56.88. The company’s stock had a trading volume of 438,024 shares, compared to its average volume of 1,451,143. Academy Sports and Outdoors has a 52-week low of $41.29 and a 52-week high of $62.44. The business has a 50-day moving average price of $54.40 and a 200 day moving average price of $54.59. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 1.89. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 0.80 and a beta of 1.04.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the company earned $0.76 EPS. Academy Sports and Outdoors’s revenue for the quarter was up 6.7% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Research analysts predict that Academy Sports and Outdoors will post 5.93 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Thursday, June 18th will be issued a $0.15 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.60 annualized dividend and a yield of 1.1%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is currently 10.79%.

Analysts Set New Price Targets

ASO has been the subject of a number of research reports. Telsey Advisory Group reiterated an “outperform” rating and set a $65.00 target price on shares of Academy Sports and Outdoors in a research note on Tuesday, March 17th. Wells Fargo & Company lifted their price objective on Academy Sports and Outdoors from $52.00 to $56.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. B. Riley Financial reiterated a “buy” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, April 8th. Jefferies Financial Group reissued a “buy” rating and issued a $61.00 target price on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. Finally, UBS Group dropped their target price on Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $59.87.

Insider Buying and Selling

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $60.00, for a total value of $240,000.00. Following the completion of the transaction, the director directly owned 7,835 shares in the company, valued at $470,100. This represents a 33.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.62% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in Academy Sports and Outdoors during the third quarter valued at $61,000. EverSource Wealth Advisors LLC increased its holdings in shares of 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 during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of 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 buying an additional 188 shares in the last quarter. Strs Ohio bought a new position in Academy Sports and Outdoors during the first quarter valued at approximately $128,000. Finally, Lazard Asset Management LLC boosted its stake in Academy Sports and Outdoors by 12.4% during 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 last quarter.

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.