Equities Analysts Set Expectations for ASO Q3 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Stock analysts at Telsey Advisory Group lowered their Q3 2026 earnings per share (EPS) estimates for Academy Sports and Outdoors in a report released on Wednesday, June 11th. Telsey Advisory Group analyst C. Fernandez now expects that the company will earn $0.98 per share for the quarter, down from their previous estimate of $1.04. Telsey Advisory Group has a “Outperform” rating and a $58.00 price objective on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $5.59 per share. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors’ Q4 2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.78 EPS and FY2027 earnings at $6.14 EPS.

A number of other research analysts also recently commented on ASO. Bank of America decreased their price objective on shares of Academy Sports and Outdoors from $60.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, June 11th. Morgan Stanley reduced their price target on Academy Sports and Outdoors from $55.00 to $52.00 and set an “equal weight” rating for the company in a report on Wednesday, June 11th. Truist Financial upped their price objective on 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. JPMorgan Chase & Co. raised their price objective on Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Finally, B. Riley decreased their target price on Academy Sports and Outdoors from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $56.31.

Academy Sports and Outdoors Trading Down 5.1%

Shares of NASDAQ:ASO opened at $43.55 on Monday. The company’s 50-day moving average price is $40.63 and its two-hundred day moving average price is $47.76. Academy Sports and Outdoors has a one year low of $33.34 and a one year high of $64.62. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.57 and a quick ratio of 0.32. The stock has a market capitalization of $2.90 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings results on Tuesday, June 10th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.13). Academy Sports and Outdoors had a return on equity of 23.32% and a net margin of 7.49%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the company earned $1.08 earnings per share. The firm’s revenue was down .9% compared to the same quarter last year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Thursday, June 19th will be given a $0.13 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.19%. Academy Sports and Outdoors’s payout ratio is 9.56%.

Institutional Investors Weigh In On Academy Sports and Outdoors

Several institutional investors have recently made changes to their positions in ASO. William Blair Investment Management LLC acquired a new position in Academy Sports and Outdoors in the 4th quarter valued at $52,402,000. Norges Bank bought a new position in shares of Academy Sports and Outdoors in the fourth quarter worth $47,436,000. Hood River Capital Management LLC acquired a new position in Academy Sports and Outdoors in the fourth quarter valued at about $42,320,000. American Century Companies Inc. lifted its position in Academy Sports and Outdoors by 77.2% during the fourth quarter. American Century Companies Inc. now owns 1,252,699 shares of the company’s stock worth $72,068,000 after purchasing an additional 545,778 shares during the period. Finally, Westwood Holdings Group Inc. lifted its position in Academy Sports and Outdoors by 36.1% during the first quarter. Westwood Holdings Group Inc. now owns 1,992,997 shares of the company’s stock worth $90,901,000 after purchasing an additional 528,367 shares during the period.

About Academy Sports and Outdoors

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.