Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Stock Has Consensus Target Price of $58.54 According to Analysts

Shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) have been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $61.27.

Several equities analysts have issued reports on ASO shares. UBS Group upped their price objective on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Loop Capital lowered Academy Sports and Outdoors from a “buy” rating to a “hold” rating and set a $69.00 price objective on the stock. in a report on Tuesday. BMO Capital Markets set a $42.00 target price on Academy Sports and Outdoors and gave the company a “market perform” rating in a report on Thursday, September 10th. Cantor Fitzgerald started coverage on Academy Sports and Outdoors in a research report on Monday. They issued an “overweight” rating and a $89.00 target price for the company. Finally, Weiss Ratings raised Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, November 3rd.

Insider Buying and Selling

In other Academy Sports and Outdoors news, President Samuel J. Johnson sold 70,303 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $51.79, for a total value of $3,640,992.37. Following the completion of the sale, the president owned 36,861 shares in the company, valued at approximately $1,909,031.19. The trade was a 65.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian Marley sold 10,432 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $53.25, for a total value of $555,504.00. Following the completion of the sale, the director directly owned 32,607 shares of the company’s stock, valued at $1,736,322.75. The trade was a 24.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 106,315 shares of company stock valued at $5,576,537. 4.08% of the stock is owned by company insiders.

Institutional Trading of Academy Sports and Outdoors

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Academy Sports and Outdoors during the 2nd quarter worth $468,146,000. Dimensional Fund Advisors LP increased its stake in Academy Sports and Outdoors by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 4,029,262 shares of the company’s stock valued at $227,439,000 after purchasing an additional 71,888 shares during the period. Canada Pension Plan Investment Board acquired a new position in Academy Sports and Outdoors in the second quarter valued at $61,207,000. William Blair Investment Management LLC purchased a new stake in shares of Academy Sports and Outdoors in the third quarter valued at about $56,415,000. Finally, Royce & Associates LP raised its holdings in shares of Academy Sports and Outdoors by 4.3% in the third quarter. Royce & Associates LP now owns 1,131,420 shares of the company’s stock valued at $54,410,000 after buying an additional 46,800 shares during the last quarter.

Academy Sports and Outdoors Stock Down 1.5%

Shares of NASDAQ:ASO opened at $69.32 on Thursday. The company has a market capitalization of $4.27 billion, a PE ratio of 11.55, a P/E/G ratio of 0.98 and a beta of 0.94. The company has a current ratio of 1.74, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors has a twelve month low of $41.29 and a twelve month high of $71.29. The firm has a 50 day simple moving average of $55.07 and a 200-day simple moving average of $53.20.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Wednesday, September 9th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.39% and a return on equity of 18.36%. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period last year, the firm posted $1.94 EPS. The company’s revenue was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. On average, equities analysts predict that Academy Sports and Outdoors will post 6.24 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $0.60 annualized dividend and a yield of 0.9%. Academy Sports and Outdoors’s payout ratio is 10.00%.

About Academy Sports and Outdoors

Academy Sports and Outdoors, Inc. is a sporting goods and outdoor recreation retailer that sells products through its stores and e-commerce platform. Its merchandise includes sports and fitness equipment, outdoor and camping gear, hunting and fishing supplies, apparel, footwear and recreation products. The company serves customers primarily in the southern and eastern United States through a network of retail locations. Its stores offer products for a range of sports and outdoor activities, as well as items for everyday use.