Q3 Earnings Estimate for ASO Issued By Telsey Advisory Group

Academy Sports and Outdoors, Inc. (NASDAQ:ASOFree Report) – Stock analysts at Telsey Advisory Group lowered their Q3 2026 EPS estimates for shares of Academy Sports and Outdoors in a report issued on Wednesday, September 3rd. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of $0.94 per share for the quarter, down from their prior estimate of $0.98. Telsey Advisory Group currently has a “Outperform” rating and a $65.00 target price 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’ Q3 2027 earnings at $1.05 EPS.

A number of other equities research analysts have also weighed in on ASO. Wells Fargo & Company restated a “positive” rating on shares of Academy Sports and Outdoors in a report on Wednesday. Monness Crespi & Hardt began coverage on shares of Academy Sports and Outdoors in a report on Monday, August 4th. They set a “buy” rating and a $65.00 price target for the company. Citigroup lowered shares of Academy Sports and Outdoors from a “buy” rating to a “neutral” rating and lowered their price target for the company from $55.00 to $50.00 in a report on Wednesday. Evercore ISI upped their price target on shares of Academy Sports and Outdoors from $50.00 to $55.00 and gave the company an “in-line” rating in a report on Tuesday, August 26th. Finally, Loop Capital set a $65.00 price target on shares of Academy Sports and Outdoors in a report on Monday, July 21st. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.71.

Check Out Our Latest Report on ASO

Academy Sports and Outdoors Trading Up 1.6%

Shares of ASO opened at $50.86 on Friday. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 1.00 and a beta of 1.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.29 and a current ratio of 1.64. Academy Sports and Outdoors has a fifty-two week low of $33.34 and a fifty-two week high of $64.61. The firm has a 50 day moving average price of $51.89 and a 200-day moving average price of $46.34.

Academy Sports and Outdoors (NASDAQ:ASOGet Free Report) last announced its quarterly earnings data 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). The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.38 billion. Academy Sports and Outdoors had a return on equity of 18.47% and a net margin of 6.21%.The company’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.08 earnings per share. Academy Sports and Outdoors has set its FY 2025 guidance at 5.450-6.25 EPS.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.0%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 9.74%.

Insider Activity

In related news, Director Christopher Lee Turner sold 4,400 shares of the firm’s stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $44.48, for a total value of $195,712.00. Following the transaction, the director owned 7,084 shares of the company’s stock, valued at approximately $315,096.32. This trade represents a 38.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.62% of the company’s stock.

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASO. Northern Trust Corp raised its stake in Academy Sports and Outdoors by 6.8% during the 4th quarter. Northern Trust Corp now owns 774,911 shares of the company’s stock worth $44,581,000 after acquiring an additional 49,106 shares during the period. AQR Capital Management LLC raised its stake in Academy Sports and Outdoors by 6.1% during the 4th quarter. AQR Capital Management LLC now owns 114,182 shares of the company’s stock worth $6,569,000 after acquiring an additional 6,516 shares during the period. BNP Paribas Financial Markets bought a new stake in Academy Sports and Outdoors during the 4th quarter worth approximately $6,314,000. Captrust Financial Advisors raised its stake in Academy Sports and Outdoors by 37.4% during the 4th quarter. Captrust Financial Advisors now owns 22,279 shares of the company’s stock worth $1,282,000 after acquiring an additional 6,059 shares during the period. Finally, Crestline Management LP raised its position in shares of Academy Sports and Outdoors by 72.7% during the fourth quarter. Crestline Management LP now owns 19,048 shares of the company’s stock valued at $1,096,000 after buying an additional 8,018 shares during the last quarter.

Academy Sports and Outdoors Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Academy Sports and Outdoors (NASDAQ:ASO)

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