Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) have earned a consensus rating of “Moderate Buy” from the twenty research firms that are currently covering the company, Marketbeat reports. Ten analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $59.8889.

A number of research analysts have recently commented on the company. Barclays upped their target price on Academy Sports and Outdoors from $51.00 to $59.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 10th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Academy Sports and Outdoors in a research report on Friday, January 2nd. Bank of America lifted their target price on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Academy Sports and Outdoors in a research note on Monday, December 29th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $65.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday, December 9th.

Insider Activity

In related news, Director Brian T. Marley sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $55.01, for a total value of $192,535.00. Following the completion of the sale, the director owned 39,107 shares in the company, valued at approximately $2,151,276.07. The trade was a 8.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.62% of the company’s stock.

Hedge Funds Weigh In On Academy Sports and Outdoors

Several institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC lifted its stake in shares of Academy Sports and Outdoors by 139.8% during the 4th quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock worth $26,000 after purchasing an additional 281 shares during the last quarter. Huntington National Bank raised its holdings in Academy Sports and Outdoors by 214.6% in the second quarter. Huntington National Bank now owns 689 shares of the company’s stock worth $31,000 after purchasing an additional 470 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Academy Sports and Outdoors by 32.6% during the third quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock valued at $51,000 after buying an additional 252 shares during the last quarter. Bayforest Capital Ltd bought a new stake in shares of Academy Sports and Outdoors in the 4th quarter valued at about $51,000. Finally, Hantz Financial Services Inc. grew its position in shares of Academy Sports and Outdoors by 117.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,113 shares of the company’s stock worth $56,000 after buying an additional 602 shares during the last quarter.

Academy Sports and Outdoors Price Performance

NASDAQ:ASO opened at $56.14 on Tuesday. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 10.26, a PEG ratio of 1.06 and a beta of 1.25. Academy Sports and Outdoors has a 1 year low of $33.34 and a 1 year high of $59.49. The business has a 50 day simple moving average of $53.38 and a 200-day simple moving average of $51.27. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.71 and a quick ratio of 0.32.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings results on Tuesday, December 9th. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.08. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.41 billion. Academy Sports and Outdoors had a return on equity of 18.24% and a net margin of 6.27%.Academy Sports and Outdoors’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 EPS. Academy Sports and Outdoors has set its FY 2025 guidance at 5.650-6.150 EPS. Equities analysts forecast that Academy Sports and Outdoors will post 5.59 EPS for the current year.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, December 18th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, December 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 9.51%.

Academy Sports and Outdoors Company Profile

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.