Academy Sports and Outdoors (NASDAQ:ASO) Earns Outperform Rating from Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research note released on Thursday morning, Benzinga reports. The brokerage currently has a $65.00 target price on the stock. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors’ Q1 2026 earnings at $1.17 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.53 EPS and FY2026 earnings at $6.89 EPS.

Other analysts have also recently issued research reports about the stock. TD Cowen cut shares of Academy Sports and Outdoors from a buy rating to a hold rating and dropped their price objective for the stock from $58.00 to $54.00 in a research note on Tuesday, August 13th. Wells Fargo & Company dropped their price target on shares of Academy Sports and Outdoors from $55.00 to $46.00 and set an equal weight rating for the company in a research report on Monday, August 12th. Bank of America downgraded Academy Sports and Outdoors from a buy rating to a neutral rating and reduced their price target for the stock from $75.00 to $63.00 in a research report on Tuesday, June 11th. Evercore ISI lifted their price objective on Academy Sports and Outdoors from $60.00 to $70.00 and gave the company an outperform rating in a report on Thursday, June 20th. Finally, Morgan Stanley reduced their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set an equal weight rating on the stock in a report on Wednesday, June 12th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Academy Sports and Outdoors currently has a consensus rating of Moderate Buy and an average target price of $64.93.

Academy Sports and Outdoors Price Performance

Academy Sports and Outdoors stock opened at $53.58 on Thursday. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 8.19, a PEG ratio of 0.95 and a beta of 1.34. The company has a current ratio of 1.62, a quick ratio of 0.41 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors has a 12 month low of $42.83 and a 12 month high of $75.73. The stock’s 50 day moving average is $53.16 and its 200-day moving average is $58.10.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings data on Tuesday, June 11th. The company reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). Academy Sports and Outdoors had a net margin of 8.17% and a return on equity of 27.18%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the company earned $1.19 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. Equities research analysts expect that Academy Sports and Outdoors will post 6.25 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Thursday, September 19th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.82%. Academy Sports and Outdoors’s payout ratio is currently 6.73%.

Insider Buying and Selling

In other news, Director Jeffrey C. Tweedy sold 625 shares of the stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $54.25, for a total value of $33,906.25. Following the completion of the transaction, the director now directly owns 10,106 shares in the company, valued at approximately $548,250.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.19% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp acquired a new stake in Academy Sports and Outdoors in the fourth quarter valued at $26,000. Headlands Technologies LLC acquired a new stake in shares of Academy Sports and Outdoors in the first quarter valued at about $35,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Academy Sports and Outdoors in the first quarter valued at about $68,000. EverSource Wealth Advisors LLC raised its position in shares of Academy Sports and Outdoors by 517.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,050 shares of the company’s stock worth $69,000 after acquiring an additional 880 shares during the last quarter. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of Academy Sports and Outdoors in the fourth quarter worth approximately $73,000.

Academy Sports and Outdoors Company 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.